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14023 Hubbard Street, Sylmar, California 91342, Sylmar, 91342 - 7 bed, 4 bath

14023 Hubbard Street, Sylmar, California 91342 home-pic-0
ACTIVE$1,100,000
14023 Hubbard Street, Sylmar, California 91342
7Beds
4Baths
2,500Sqft
7,402Lot
Year Built
1946
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$440
HOA
-
Days on market
-
Sold On
-
MLS number
SR25133355
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 53% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.10M(82th), sqft - 2500(86th), beds - 7(97th), baths - 4(91th).

Welcome to this great Home with a lot of potential for extra income or you could accommodate an extended or multigenerational family. This beautiful property has a Main house with approx. 1600 sqf and 2 additional permitted ADU’s providing space enough for more than 3 families together while each can still enjoy their own privacy. The main house has 5 bedrooms, 2 bathrooms, and spacious kitchen with beautiful wooden cabinetry. The other permitted ADU’s provide plenty of opportunity a savvy home buyer. The first ADU has a private entrance, 2 bedrooms, and 1 bathroom and a spacious kitchen. While the second unit in the back is a cozy studio with 500 sqft and its own a private bathroom. Enjoy a comfortable and fruitful outdoor living space with plenty of fruit trees and greenery. This Home is nicely located with easy access to restaurants, shopping centers, grocery stores, transportation, close to freeways, etc. Conveniently, this property has plenty parking for up to 8 cars inside the property. Additionally the property has a new roof, a new electric panel, and a leased solar system to help tremendously with the Electric bill. Do not miss this opportunity to own this beautiful home in the amazing location in Sylmar!!

Nearby schools

2/10
Gridley Street Elementary School
Public,•K-5•0.5mi
6/10
Dyer Street Elementary School
Public,•K-5•0.5mi
3/10
Sylmar Elementary School
Public,•K-5•1.0mi
4/10
Osceola Street Elementary School
Public,•K-5•1.2mi
6/10
Harding Street Elementary School
Public,•K-5•1.3mi
3/10
Hubbard Street Elementary School
Public,•K-5•1.3mi
3/10
El Dorado Avenue Elementary School
Public,•K-5•1.6mi
4/10
Herrick Avenue Elementary School
Public,•K-5•1.7mi
4/10
Hillery T. Broadous Elementary School
Public,•K-5•2.2mi
4/10
Olive Vista Middle School
Public,•6-8•1.1mi
3/10
San Fernando Middle School
Public,•6-8•1.2mi
7/10
Sylmar Leadership Academy
Public,•K-8•1.4mi
9/10
Robert Frost Middle School
Public,•6-8•4.2mi
5/10
San Fernando Senior High School
Public,•9-12•1.9mi
6/10
John F. Kennedy High School
Public,•9-12•3.4mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.6mi
7/10
Northridge Academy High
Public,•9-12•6.2mi
Condition Rating
Fair
The property, built in 1946, has received significant functional upgrades such as a new roof, new electric panel, and a leased solar system. However, the interior, particularly the main house kitchen and bathrooms, appears dated. The kitchen features older wooden cabinetry and what looks like laminate countertops, while the bathrooms have older vanities and tile work. These elements suggest renovations that are likely 15-30 years old. While functional, the aesthetic requires cosmetic updates to align with modern standards, placing it in the 'Fair' condition category.
Pros & Cons

Pros

Great Schools: Middle School: Robert Frost Middle School (9/10).
Multiple Permitted Income Units: The property features a main house and two additional permitted Accessory Dwelling Units (ADUs), offering significant potential for rental income or accommodating extended/multi-generational families.
Recent Major System Upgrades: Key infrastructure improvements include a new roof and a new electric panel, reducing immediate maintenance concerns and enhancing the property's long-term value.
Energy Efficiency & Cost Savings: A leased solar system is installed, which can lead to substantial savings on electricity bills, making the property more attractive to environmentally conscious buyers.
Ample On-Site Parking: The property provides generous parking space for up to 8 cars, a valuable amenity in a residential area, enhancing convenience for residents and guests.
Convenient Location & Amenities: Situated with easy access to local restaurants, shopping centers, grocery stores, and major freeways, offering excellent connectivity and daily convenience.

Cons

Significant Price Discrepancy: The listing price of $1.1 million is considerably higher than the estimated property value of approximately $513,000, suggesting a potential overvaluation that may deter buyers or require price adjustment.
Older Construction & Potential for Deferred Maintenance: Built in 1946, despite some recent upgrades, the property's age implies that other systems (e.g., plumbing, HVAC, windows) or cosmetic elements may require further updates or maintenance to meet modern standards.
Leased Solar System Obligation: While beneficial for energy costs, the solar system is leased, which means the new owner will inherit an ongoing financial obligation and may prefer an owned system for full control and equity.

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