11508 Fenton Avenue, Sylmar, California 91342, Sylmar, 91342 - 4 bed, 2 bath

ACTIVE$725,000
11508 Fenton Avenue, Sylmar, California 91342
4Beds
2Baths
1,696Sqft
7,562Lot
Year Built
1958
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$427
HOA
-
Days on market
-
Sold On
-
MLS number
FR25147781
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,6 Pros. Rank: price - $725.0K(13th), sqft - 1696(54th), beds - 4(53th), baths - 2(50th).
Investors, looking for your next fix and flip project? This fixer upper awaits. This contractor special property is being sold in as-is condition and in need of TLC. Major repairs and upgrades needed but high ARV potential. Add ADU to dramatically increase the value on this Sylmar property situated in a perfect neighborhood to maximize your next investment. Cash or hard money only.
Condition Rating
Poor
The property, built in 1958, is explicitly described as a 'fixer upper' and 'contractor special' in need of 'major repairs and upgrades.' The images confirm this, showing an extremely outdated and neglected kitchen with old, dirty tiled countertops, worn cabinets, and very old appliances. The bathroom also appears severely outdated with old fixtures, dirty walls, and general disrepair. While some rooms have laminate flooring, the overall condition, particularly in the critical kitchen and bathroom areas, indicates substantial rehabilitation is required. The 'as-is' sale and 'cash or hard money only' financing further underscore its poor condition, aligning with the criteria for a 'poor' rating.
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 = 7562, living area = 1696.
High ARV Potential: The property offers high After Repair Value (ARV) potential, making it an attractive opportunity for investors.
ADU Addition Potential: Opportunity to add an Accessory Dwelling Unit (ADU) to dramatically increase the property's overall value and potential rental income.
Desirable Investment Neighborhood: Situated in a 'perfect neighborhood' for maximizing investment returns, indicating good market demand post-renovation.
Generous Lot Size: A substantial lot size of 7,562 sqft provides ample space for expansion, landscaping, or ADU construction.
Functional Layout: The existing 4 bedrooms and 2 bathrooms offer a solid foundation for a family home or rental property after renovation.
Cons
Extensive Renovation Required: Described as a 'fixer upper' and 'contractor special' in need of 'major repairs and upgrades,' indicating significant investment and effort will be required.
As-Is Sale Condition: The property is being sold 'as-is,' meaning the seller will not undertake any repairs or improvements, placing all responsibility on the buyer.
Limited Financing Options: Only 'cash or hard money' offers are accepted, which significantly narrows the pool of potential buyers.











