15057 Paddock Street, Sylmar, California 91342, Sylmar, 91342 - bed, bath
ACTIVE$1,459,000
15057 Paddock Street, Sylmar, California 91342
0Bed
0Bath
2,545Sqft
11,003Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: This triplex offers three separate 2-bedroom, 1-bathroom units, explicitly marketed as a great opportunity for investors seeking good income.
Top Cons:
Original Construction Age: The property's original build year of 1959 suggests potential for older underlying infrastructure (e.g., plumbing, electrical) in non-remodeled sections that may require future attention, despite recent unit updates.
Compared to the nearby listings
Price:$1.46M vs avg $1.46M (+$0)50%
Size:2,545 sqft vs avg 2,545 sqft50%
Price/sqft:$573 vs avg $41367%
More Insights
Built in 1959 (66 years old).
Condition: This property, though originally built in 1959, consists of three units that have undergone extensive recent updates. One unit was built just 3 years ago, and the other two were remodeled 5 years ago. This timeline places all units squarely within the 'extensively renovated within 5 years' criteria. The images confirm modern aesthetics throughout, featuring new kitchens with granite/quartz countertops, contemporary cabinetry (both dark wood and white shaker styles), stainless steel appliances, and modern light fixtures. All units boast 'great laminate flooring' and central HVAC, indicating updated systems. The bathrooms also appear recently updated with modern vanities and tiling. The overall condition reflects virtually new components with no deferred maintenance, making it an excellent, move-in ready property.
Year Built
1959
Close
-
List price
$1.46M
Original List price
$1.5M
Price/Sqft
$573
HOA
-
Days on market
-
Sold On
-
MLS number
SR25026247
Home ConditionExcellent
Features
Patio
View-
About this home
STANDARD SALE...... 2 VACANT UNITS .............Don't missed this great opportunity to own a Beautiful 3 Houses on 11,000 sqft Lot. The units are divided with privacy for each of them with their own patio and entrance. located in the heart of Sylmar this property has a great location in a wonderful neighborhood and should NOT be missed close to FWYS 210,5,405 and 118fwy, shops,schools,parks located. these units each have their private yard, perfect for investor who is looking for good income, ALL 3 units have 2 Bedrooms and 1 bathroom each.. unit has own Gas meter, Electric meter and the most important 2 WATER Meters and the tenants pay water bill, 2 units was remodeled 5 years ago and the third unit was built 3 years ago with great laminate flooring, New kitchen with granite counter tops and HVAC central. Don't miss this great opportunity.
Nearby schools
3/10
El Dorado Avenue Elementary School
Public,•K-5•0.5mi
4/10
Osceola Street Elementary School
Public,•K-5•0.5mi
6/10
Dyer Street Elementary School
Public,•K-5•0.8mi
4/10
Herrick Avenue Elementary School
Public,•K-5•1.2mi
3/10
Sylmar Elementary School
Public,•K-5•1.4mi
2/10
Gridley Street Elementary School
Public,•K-5•1.8mi
3/10
Hubbard Street Elementary School
Public,•K-5•2.4mi
6/10
Harding Street Elementary School
Public,•K-5•2.5mi
4/10
Hillery T. Broadous Elementary School
Public,•K-5•3.2mi
4/10
Olive Vista Middle School
Public,•6-8•1.2mi
3/10
San Fernando Middle School
Public,•6-8•1.6mi
7/10
Sylmar Leadership Academy
Public,•K-8•1.6mi
9/10
Robert Frost Middle School
Public,•6-8•2.9mi
5/10
San Fernando Senior High School
Public,•9-12•2.0mi
6/10
John F. Kennedy High School
Public,•9-12•2.2mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.5mi
7/10
Northridge Academy High
Public,•9-12•5.1mi
Condition Rating
Excellent
This property, though originally built in 1959, consists of three units that have undergone extensive recent updates. One unit was built just 3 years ago, and the other two were remodeled 5 years ago. This timeline places all units squarely within the 'extensively renovated within 5 years' criteria. The images confirm modern aesthetics throughout, featuring new kitchens with granite/quartz countertops, contemporary cabinetry (both dark wood and white shaker styles), stainless steel appliances, and modern light fixtures. All units boast 'great laminate flooring' and central HVAC, indicating updated systems. The bathrooms also appear recently updated with modern vanities and tiling. The overall condition reflects virtually new components with no deferred maintenance, making it an excellent, move-in ready property.
Pros & Cons
Pros
Strong Income Potential: This triplex offers three separate 2-bedroom, 1-bathroom units, explicitly marketed as a great opportunity for investors seeking good income.
Tenant Privacy & Amenities: Each unit is designed with privacy in mind, featuring its own patio, entrance, and private yard, which enhances tenant appeal and retention.
Updated Units & New Construction: Two units were remodeled 5 years ago, and a third unit was built just 3 years ago, boasting modern features like laminate flooring, new kitchens with granite countertops, and central HVAC in the newest unit.
Individual Utility Metering: Each unit has its own gas and electric meters, and importantly, two water meters with tenants responsible for water bills, significantly reducing landlord operating expenses.
Excellent Location & Accessibility: Located in the heart of Sylmar, the property offers convenient access to major freeways (210, 5, 405, 118) and is close to shops, schools, and parks.
Cons
Original Construction Age: The property's original build year of 1959 suggests potential for older underlying infrastructure (e.g., plumbing, electrical) in non-remodeled sections that may require future attention, despite recent unit updates.
Management Complexity: Managing three separate rental units, even with individual privacy, can be more demanding in terms of tenant relations, maintenance coordination, and administrative overhead compared to a single-family investment.
Recent Price Reduction: The property has undergone a price reduction from its original listing, which could indicate an initial overvaluation or a slower-than-expected market response, potentially affecting perceived value or negotiation leverage.