14844 Polk Street, Sylmar, California 91342, Sylmar, 91342 - bed, bath
ACTIVE$1,195,000
14844 Polk Street, Sylmar, California 91342
0Bed
0Bath
2,250Sqft
5,901Lot
Year Built
1953
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$531
HOA
-
Days on market
-
Sold On
-
MLS number
SR24225156
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.20M(50th), sqft - 2250(50th), beds - undefined(50th), baths - undefined(50th).
Don't miss this fantastic investment opportunity! This triplex features three unique units, each with its own address. The fully occupied property includes new construction unit (750 sqft 2+1). The duplex was upgraded 4 years ago with new windows, updated bathrooms, flooring, electrical, copper plumbing, and air conditioning. Each unit is separately metered for gas and electricity, ensuring easy management and billing.
Nearby schools
6/10
Dyer Street Elementary School
Public,•K-5•0.5mi
3/10
El Dorado Avenue Elementary School
Public,•K-5•0.6mi
4/10
Osceola Street Elementary School
Public,•K-5•0.8mi
3/10
Sylmar Elementary School
Public,•K-5•0.9mi
4/10
Herrick Avenue Elementary School
Public,•K-5•1.0mi
2/10
Gridley Street Elementary School
Public,•K-5•1.5mi
3/10
Hubbard Street Elementary School
Public,•K-5•2.0mi
6/10
Harding Street Elementary School
Public,•K-5•2.2mi
4/10
Hillery T. Broadous Elementary School
Public,•K-5•3.1mi
4/10
Olive Vista Middle School
Public,•6-8•0.8mi
7/10
Sylmar Leadership Academy
Public,•K-8•1.2mi
3/10
San Fernando Middle School
Public,•6-8•1.6mi
9/10
Robert Frost Middle School
Public,•6-8•3.2mi
5/10
San Fernando Senior High School
Public,•9-12•2.2mi
6/10
John F. Kennedy High School
Public,•9-12•2.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.9mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.9mi
7/10
Northridge Academy High
Public,•9-12•5.5mi
Condition Rating
Excellent
This triplex features a newly constructed unit and two additional units that underwent extensive renovations just 4 years ago. These renovations included new windows, updated bathrooms, modern flooring, upgraded electrical, new copper plumbing, and air conditioning. The provided images confirm contemporary kitchen and bathroom designs with high-quality finishes and appliances, consistent with recent, thorough updates. While the original structure dates back to 1953, the significant and recent investments in major systems and aesthetics across all units bring the property's overall condition to an excellent standard, offering virtually new living spaces.
Pros & Cons
Pros
Great Schools: Middle School: Robert Frost Middle School (9/10).
Strong Investment Opportunity: This triplex is explicitly marketed as a 'fantastic investment opportunity,' offering three distinct units and multiple income streams, ideal for investors seeking rental income.
Fully Occupied Property: The property is fully occupied, ensuring immediate rental income and a stable cash flow from day one for the new owner.
Significant Recent Upgrades: The duplex units underwent substantial upgrades 4 years ago, including new windows, updated bathrooms, flooring, electrical, copper plumbing, and air conditioning, reducing immediate maintenance concerns.
New Construction Unit: The property includes a modern, newly constructed unit (750 sqft 2+1), which enhances overall appeal, attracts quality tenants, and potentially commands higher rent.
Separately Metered Utilities: Each unit is separately metered for gas and electricity, simplifying property management and billing by shifting utility costs directly to tenants.
Cons
Age of Original Structure: While parts were upgraded, the original duplex was built in 1953, which may imply potential issues with un-upgraded core components like the roof, foundation, or other older infrastructure.
Varying School Ratings: Several nearby elementary and middle schools have lower ratings (2-4), which could be a deterrent for families prioritizing access to top-tier public education.
Potentially Limited Outdoor Space: With a 5901 sqft lot accommodating a triplex, including a new construction unit, individual units may have limited private outdoor space, which could be a drawback for some tenants.