15561 El Cajon Street, Sylmar, California 91342, Sylmar, 91342 - 2 bed, 1 bath
ACTIVE$995,000
15561 El Cajon Street, Sylmar, California 91342
2Beds
1Bath
1,068Sqft
27,216Lot
Year Built
1946
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$932
HOA
-
Days on market
-
Sold On
-
MLS number
SR25265816
Home ConditionTear down
Features
ViewNeighborhood
About this home
We found 4 Cons,7 Pros. Rank: price - $995.0K(74th), sqft - 1068(7th), beds - 2(7th), baths - 1(9th).
Opportunity is coming knocking. On an expansive corner lot with dual street access, this property delivers the ideal foundation for grand designs and effortless development. The main house offers 2 bedrooms and 1 bathroom. Investors and homeowners have the freedom to remodel to taste or explore broader development possibilities. The impressive 27,216 sq ft lot presents opportunities to build a 3,000+ sq ft dream home, add additional ADUs, create a private compound, or even develop multiple homes—maximizing the value of this rare oversized lot. Located in a quiet neighborhood with convenient access to local amenities, this property is ideal for savvy buyers seeking versatility, upside, and limitless opportunity.
Nearby schools
3/10
El Dorado Avenue Elementary School
Public,•K-5•0.3mi
4/10
Herrick Avenue Elementary School
Public,•K-5•0.8mi
4/10
Osceola Street Elementary School
Public,•K-5•1.2mi
6/10
Dyer Street Elementary School
Public,•K-5•1.3mi
3/10
Sylmar Elementary School
Public,•K-5•1.5mi
2/10
Gridley Street Elementary School
Public,•K-5•2.3mi
3/10
Hubbard Street Elementary School
Public,•K-5•2.8mi
6/10
Harding Street Elementary School
Public,•K-5•3.1mi
4/10
Hillery T. Broadous Elementary School
Public,•K-5•3.9mi
4/10
Olive Vista Middle School
Public,•6-8•1.3mi
7/10
Sylmar Leadership Academy
Public,•K-8•1.6mi
3/10
San Fernando Middle School
Public,•6-8•2.3mi
9/10
Robert Frost Middle School
Public,•6-8•2.4mi
6/10
John F. Kennedy High School
Public,•9-12•2.2mi
5/10
San Fernando Senior High School
Public,•9-12•2.7mi
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•5.0mi
Price History
Date
Event
Price
12/16/25
Listing
$995,000
12/03/25
Sold
$880,000
11/12/99
Sold
$104,000
Condition Rating
Tear down
The property was built in 1946, making it 78 years old. The listing description and AI analysis explicitly state the existing structure is 'outdated,' 'small,' and 'likely requires extensive renovation or demolition,' with 'limited immediate livability.' The primary value is placed on the expansive 27,216 sq ft lot and its development potential, suggesting the current 1068 sqft home is not considered a significant asset and its value is based solely on the land. Without interior photos, the condition of the kitchen and bathrooms cannot be directly assessed, but the overall narrative strongly indicates the house is functionally obsolete and a candidate for demolition or a complete rebuild.
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 = 27216, living area = 1068.
Great Schools: Middle School: Robert Frost Middle School (9/10).
Exceptional Development Potential: The expansive 27,216 sq ft lot offers significant opportunities for building a large dream home, multiple ADUs, or even subdividing for multiple residences, maximizing its value.
Large Corner Lot with Dual Access: The property's corner location with dual street access provides superior flexibility for design, construction, and potential future subdivision.
Versatile Investment Opportunity: This property appeals to both homeowners seeking to build a custom estate and investors looking to maximize value through extensive development.
Quiet Neighborhood Setting: Located in a tranquil area, the property offers a desirable living environment away from heavy traffic.
Convenient Local Amenities: Easy access to nearby services, shops, and facilities enhances daily living convenience for future residents.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-12-03. The sold price is $880,000.00.
Outdated Existing Structure: The 1946-built, 2-bedroom, 1-bathroom, 1068 sqft home is small and likely requires extensive renovation or demolition, representing a significant upfront cost or project for the buyer.
High Entry Price for Condition: The list price of $995,000 is primarily for the land and its development potential, making it a substantial investment for a property with an existing structure that needs considerable work.
Limited Immediate Livability: The current small and aged dwelling may not meet the needs of a modern family without substantial investment, pushing buyers towards a major renovation or rebuild project.