14833 Ararat Street, Sylmar, California 91342, Sylmar, 91342 - 4 bed, 2 bath
14833 Ararat Street
Sylmar, California 91342
Property Price
SUMMARY
Analysis of 14833 Ararat Street, Sylmar, California 91342 reveals a property with a current list price of $859,999, which is 33% above the estimated $567,724 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Sylmar Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14833 Ararat Street Subject | $859,999* List Price | 4 | 2 | 1,433 | $396 | - |
A 14739 Ararat Street Sold | $660,000 | 3 | 2 | 1,118 | $590 | 0.2 mi |
B 14952 La Mesa Street Active | $805,000 List Price | 4 | 2 | 1,773 | $454 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property, built in 1954, shows significant signs of age with no apparent major renovations. The kitchen is very dated, featuring older white appliances, basic white cabinets, a small square tile backsplash, and old flooring, indicating a need for substantial modernization. While one bathroom has a newer vanity and floor tile, the dated corner shower enclosure detracts from its overall condition. Other areas show worn carpet. The property's age and the lack of significant updates to major components like the kitchen align with the 'poor' rating, suggesting it requires substantial repairs and rehabilitation to meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Robert Frost Middle School (9/10).
- Spacious Configuration
Offers a generous 4-bedroom, 2-bathroom layout with ample living space, suitable for families.
- Prime Commuter Location
Strategically located near the 210 and 5 freeways, providing excellent accessibility for commuters.
CONSRISKS & DEFICIENCIES
- Significant Overpricing
The current list price of $859,999 is substantially higher than the estimated value of $567,724, indicating a potential overvaluation of 33%.
- Dated Construction & Potential for Updates
Built in 1954, the property's age suggests a likelihood of needing significant updates to systems and aesthetics, as no major renovations are highlighted in the description.
- Extended Market Time
The property has been on the market for nearly two months, which could indicate buyer resistance due to price or perceived condition, especially compared to faster-selling comparable properties.
About 14833 Ararat Street
Welcome to this spacious 4-bedroom, 2-bathroom home located in the heart of Sylmar! Conveniently situated near the 210 and 5 freeways, this home offers easy access for commuters and is just minutes away from local schools, shopping centers, and popular restaurants. Inside, you’ll find a comfortable and functional layout perfect for families, with generous living space, a bright kitchen, and plenty of room to grow. The backyard is ideal for entertaining or relaxing outdoors. Whether you're looking for your forever home or a great investment opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 6,777 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sylmar Unified Schools
Herrick Avenue Elementary School
Grades K-5 • 0.6 mi
Sylmar Elementary School
Grades K-5 • 0.8 mi
El Dorado Avenue Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,433 | 1,599 | 36% |
| Lot Size | 6,777 | 7,990 | 23% |
| Price | $860.0K | $827.5K | 56% |
| Price per sq ft | $600 | $510 | 65% |
| Built year | 1954 | 1963 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 332 | 173 | 96% |
Pricing History
No pricing history data available.