14682 Cobalt Street, Sylmar, California 91342, Sylmar, 91342 - 4 bed, 2 bath

14682 Cobalt Street, Sylmar, California 91342 home-pic-0
ACTIVE UNDER CONTRACT$1,000,000
14682 Cobalt Street, Sylmar, California 91342
4Beds
2Baths
1,818Sqft
18,169Lot
Year Built
1953
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
$550
HOA
-
Days on market
-
Sold On
-
MLS number
25511849
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,7 Pros. Rank: price - $1.00M(75th), sqft - 1818(59th), beds - 4(53th), baths - 2(50th).

Don't miss this incredible opportunity in the heart of Sylmar. This 4-bedroom, 2-bathroom home offers over 1,800 square feet of living space on a massive 18,000+ square foot flat lot with endless potential. The interior features a spacious living room with vaulted open-beam ceilings, hardwood floors, a dining area, and a functional kitchen. The home includes 3 bedrooms, 2 baths, and a bonus room that could serve as a 4th bedroom. Outside, enjoy mature landscaping, ample parking, gated RV access, and space for horses or additional residences. With flexible zoning, this property is perfect for those seeking space and​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ opportunity!

Nearby schools

3/10
Sylmar Elementary School
Public,K-50.7mi
4/10
Herrick Avenue Elementary School
Public,K-50.9mi
6/10
Dyer Street Elementary School
Public,K-51.5mi
3/10
El Dorado Avenue Elementary School
Public,K-51.6mi
3/10
Hubbard Street Elementary School
Public,K-51.7mi
2/10
Gridley Street Elementary School
Public,K-51.9mi
4/10
Osceola Street Elementary School
Public,K-52.2mi
6/10
Harding Street Elementary School
Public,K-52.3mi
4/10
Hillery T. Broadous Elementary School
Public,K-53.8mi
7/10
Sylmar Leadership Academy
Public,K-80.3mi
4/10
Olive Vista Middle School
Public,6-80.7mi
3/10
San Fernando Middle School
Public,6-82.8mi
9/10
Robert Frost Middle School
Public,6-83.9mi
5/10
San Fernando Senior High School
Public,9-123.5mi
6/10
John F. Kennedy High School
Public,9-123.9mi
5/10
Valley Academy Of Arts And Sciences
Public,9-125.2mi
5/10
Valley Academy Of Arts And Sciences
Public,9-125.2mi
7/10
Northridge Academy High
Public,9-126.7mi
Condition Rating
Fair

Built in 1953, this property features a dated interior that requires significant updates, particularly in the kitchen and bathrooms. The kitchen has older wooden cabinets, white appliances, and dated countertops, described as 'functional' rather than modern. Bathrooms also show older vanities, tiles, and fixtures. While the home appears maintained with hardwood floors and vaulted ceilings, it lacks modern amenities and has not undergone recent extensive renovations, aligning with a 'Fair' condition where major components are functional but outdated and require substantial cosmetic updates.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18169, living area = 1818.
Great Schools: Middle School: Robert Frost Middle School (9/10).
Expansive Flat Lot with Development Potential: The property boasts a massive 18,000+ sq ft flat lot with flexible zoning, offering significant potential for expansion, additional residences (ADUs), or equestrian use.
Gated RV Access and Ample Parking: A highly desirable feature providing secure and convenient parking for multiple vehicles, including recreational vehicles, catering to a specific buyer need.
Charming Interior Architectural Details: Features like vaulted open-beam ceilings and hardwood floors in the spacious living room add character and appeal, distinguishing it from standard homes.
Flexible Living Space: The inclusion of a bonus room that can easily function as a fourth bedroom enhances the home's versatility and accommodates various family needs.
Prime Sylmar Location: Situated in the heart of Sylmar, offering a desirable location with potential for future value appreciation due to its large lot and flexible zoning.

Cons

Significant Overpricing Relative to Estimated Value: The list price of $1,000,000 is substantially higher than the estimated property value of $609,637.11, potentially indicating an aggressive pricing strategy or a need for a price adjustment.
Dated Interior Condition & Renovation Needs: Built in 1953 with a 'functional kitchen,' the property likely requires significant updates and renovations to meet current buyer expectations and command its asking price.
Lack of Modern Amenities: The description does not highlight modern upgrades or amenities (e.g., updated bathrooms, central air conditioning, energy-efficient features), suggesting potential for substantial investment to modernize the home.

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