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11374 Hela Avenue, Sylmar, California 91342, Sylmar, 91342 - 3 bed, 2 bath

11374 Hela Avenue, Sylmar, California 91342 home-pic-0
ACTIVE$789,950
11374 Hela Avenue, Sylmar, California 91342
3Beds
2Baths
1,128Sqft
7,782Lot
Year Built
1960
Close
-
List price
$790K
Original List price
$825K
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
SR24245446
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 35% below the list price. We found 3 Cons,6 Pros. Rank: price - $790.0K(31th), sqft - 1128(10th), beds - 3(50th), baths - 2(50th).

Value & Lifestyle – “Comfort, Location, Opportunity” Comfort, Convenience, and a Rare Opportunity for First-Time Buyers Welcome to this well-maintained 3-bed, 2-bath home in Sylmar, nestled on a peaceful cul-de-sac just minutes from the 210 freeway and scenic trails. Move-in ready and eligible for down payment grant assistance Buyers may qualify for a $20,000 homebuyer grant—ask your lender Spacious backyard + oversized garage = expansion or ADU potential What You'll Love: Light-filled living room with fireplace and real hardwood floors Updated kitchen with stone counters and stainless steel appliances Tile floors throughout for easy maintenance Minutes to outdoor recreation, shopping, and major LA job centers Seller is packed and ready—don’t miss this opportunity to own instead of rent.

Condition Rating
Fair
Built in 1960, this home is well-maintained and move-in ready, but shows signs of being outdated. The kitchen has updated stone counters and stainless steel appliances, and the bathrooms have also seen updates, making them functional and clean. However, the style of these updates is not cutting-edge modern, and elements like the parquet hardwood floors in the living room and mirrored walls are quite dated. The property description also lacks mention of central air conditioning, which is a significant factor for a home of this age in this climate. While functional, it would benefit from further modern updates to align with current standards.
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 = 7782, living area = 1128.
Financial Incentives: The property is eligible for significant down payment grant assistance, including a potential $20,000 homebuyer grant, making it highly attractive for first-time buyers.
ADU & Expansion Potential: A spacious backyard and oversized garage offer excellent opportunities for future expansion or the addition of an Accessory Dwelling Unit (ADU), enhancing long-term value.
Updated Key Areas: Features an updated kitchen with stone counters and stainless steel appliances, along with real hardwood floors in the living room, contributing to its move-in ready appeal.
Convenient & Quiet Location: Nestled on a peaceful cul-de-sac with quick access to the 210 freeway, scenic trails, outdoor recreation, shopping, and major LA job centers.
Well-Maintained & Move-in Ready: The property is described as well-maintained and move-in ready, minimizing immediate renovation needs for new owners.

Cons

Significant Overpricing: The current list price of $789,950 is considerably higher than the estimated market value of $511,809.775, suggesting a potential overvaluation of approximately 35%.
Absence of Central Air Conditioning: The property description does not mention central air conditioning, which could be a significant drawback in Sylmar's climate and a competitive disadvantage against comparable homes.
Older Build & Smaller Footprint: Constructed in 1960, the home is older, and its 1128 sqft is smaller than several recently sold comparable properties in the area, potentially limiting its appeal to buyers seeking more space.

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