11361 Eldrige Ave, Sylmar, California 91342, Sylmar, 91342 - 3 bed, 2 bath

11361 Eldrige Ave, Sylmar, California 91342 home-pic-0
ACTIVE$730,000
11361 Eldrige Ave, Sylmar, California 91342
3Beds
2Baths
900Sqft
7,914Lot
Year Built
1948
Close
-
List price
$730K
Original List price
$730K
Price/Sqft
$811
HOA
-
Days on market
-
Sold On
-
MLS number
SR25135308
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,5 Pros. Rank: price - $730.0K(14th), sqft - 900(4th), beds - 3(50th), baths - 2(50th).

Spacious CORNER LOT with Endless Possibilities! This expansive corner lot offers incredible potential—ideal for adding a large ADU, a pool, additional parking, or extra storage. A fantastic opportunity for investors or families looking to expand and create their dream space. 3 bedrooms and 2 bathroom and The sliding gate at the front yard is ideal for ensuring both privacy and security. More pictures coming soon.

Price History

Date
Event
Price
06/17/25
Listing
$730,000
Condition Rating
Fair

The property was built in 1948, making it over 70 years old. While the exterior appears maintained based on the single provided image, there are no interior photos available to assess the condition of the kitchen, bathrooms, flooring, or other critical systems. The listing description emphasizes 'potential' for expansion and creating a 'dream space,' which typically suggests that the existing interior is dated and would require significant updates to meet current quality standards and buyer expectations. Without evidence of recent renovations, and considering the age, it's highly probable that major components are functional but show signs of being outdated, aligning with a 'Fair' condition score. A more precise assessment would require interior images.
Pros & Cons

Pros

Expansive Corner Lot: The property boasts a spacious corner lot, providing enhanced privacy, curb appeal, and greater flexibility for future development or landscaping.
Significant Expansion Potential: The large lot offers excellent potential for adding a substantial ADU, a pool, additional parking, or extra storage, catering to diverse needs and increasing property value.
Enhanced Privacy and Security: A sliding gate at the front yard provides an immediate benefit for privacy and security, a desirable feature for many homeowners.
Investment and Value-Add Opportunity: Positioned as a fantastic opportunity for investors or families looking to expand, the property offers clear pathways for value appreciation through improvements and additions.
Generous Lot Size: With a lot size of 7,914 sqft, there is ample outdoor space, supporting the property's expansion potential and providing room for various outdoor activities.

Cons

Compact Interior Square Footage: The interior living space is relatively small at 900 sqft for a 3-bedroom, 2-bathroom home, which may feel cramped for some buyers or families.
Age of Property: Built in 1948, the home is older, which could imply dated systems, finishes, or potential for deferred maintenance that may require future investment.
Incomplete Marketing Visuals: The listing notes 'More pictures coming soon,' indicating a lack of comprehensive interior photos, which can hinder buyer interest and full assessment of the property's current condition.

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