15043 Oro Grande Street, Sylmar, California 91342, Sylmar, 91342 - 2 bed, 1 bath
ACTIVE$549,000
15043 Oro Grande Street, Sylmar, California 91342
2Beds
1Bath
888Sqft
10,892Lot
Year Built
1949
Close
-
List price
$549K
Original List price
$549K
Price/Sqft
$618
HOA
-
Days on market
-
Sold On
-
MLS number
P1-25197
Home ConditionTear down
Features
View-
About this home
Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,7 Pros. Rank: price - $549.0K(3th), sqft - 888(3th), beds - 2(7th), baths - 1(9th).
Calling all investors, contractors, or builders with a vision for this 10,000+ sf lot on a quiet, tree-lined street in Sylmar. Renovate the existing structures or build new on this large, flat lot with loads of potential for improvement or expansion. The property has been in the same family for over 75 years and is ready for its next great chapter!
Nearby schools
4/10
Osceola Street Elementary School
Public,•K-5•0.4mi
3/10
El Dorado Avenue Elementary School
Public,•K-5•0.6mi
6/10
Dyer Street Elementary School
Public,•K-5•0.7mi
4/10
Herrick Avenue Elementary School
Public,•K-5•1.3mi
3/10
Sylmar Elementary School
Public,•K-5•1.4mi
2/10
Gridley Street Elementary School
Public,•K-5•1.7mi
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•3.1mi
4/10
Olive Vista Middle School
Public,•6-8•1.2mi
3/10
San Fernando Middle School
Public,•6-8•1.5mi
7/10
Sylmar Leadership Academy
Public,•K-8•1.7mi
9/10
Robert Frost Middle School
Public,•6-8•3.0mi
5/10
San Fernando Senior High School
Public,•9-12•1.9mi
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
Price History
Date
Event
Price
12/12/25
Listing
$549,000
Condition Rating
Tear down
Built in 1949 and in the same family for over 75 years, the property description explicitly targets investors/builders for renovation or new construction, indicating the existing structure is severely outdated. The aerial images clearly show multiple tarps covering large sections of the roof, suggesting significant structural issues, extensive water damage, or a completely failed roof system. This, combined with the age and implied lack of major renovations, points to a structure that is likely beyond economical repair, with the property's value primarily residing in the large lot for redevelopment.
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 = 10892, living area = 888.
Great Schools: Middle School: Robert Frost Middle School (9/10).
Expansive Lot Size: The property features a substantial 10,892 sqft flat lot, providing ample space for significant expansion, landscaping, or new construction.
High Development Potential: Marketed specifically to investors, contractors, and builders, this property offers considerable potential for renovation, extensive improvement, or complete redevelopment.
Desirable Street Location: Situated on a quiet, tree-lined street, enhancing the property's curb appeal and contributing to a peaceful residential atmosphere.
Long-Term Ownership Opportunity: Having been held by the same family for over 75 years, this property represents a rare market opportunity in a stable neighborhood.
Proximity to Elementary School: Located just 0.38 miles from Osceola Street Elementary School, offering convenient access for families with young children.
Cons
Outdated Existing Structure: Built in 1949, the current 888 sqft home is likely in need of extensive renovation or is considered a tear-down, as suggested by the property description.
Small Living Space: The existing 2-bedroom, 1-bathroom structure is significantly undersized (888 sqft) for the large lot, requiring substantial investment to meet modern living standards.
Lack of Desirable Views: The property does not offer any notable views, which may be a consideration for buyers seeking scenic outlooks.