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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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12215 San Fernando Road Los Angeles, CA 91342
$2,900,000 16 beds, 9 baths
4, 549 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

12215 San Fernando Road in Sylmar, CA. The property, originally constructed in 1937, is comprised of nine units with a mix of two x one bedroom/one bath, and seven x two bedroom/one bath apartments, situated on a 0.91 acre (39,537 SF) parcel. In 2018, the property was renovated and two new units were added. There is an on-site leased laundry room, and each unit has wall a/c units. Currently, some of the excess land is used for truck parking generating $500 per month in revenue; and the additional space on the excess can be rented should the opportunity arise. Currently, the property is generating almost $15,000 per month in income.The parcel is zoned LA C2-2D. City of Los Angeles Transit Oriented Communities qualifies the parcel as TOC Tier 4 due to its proximity to the Sylmar/San Fernando Metrolink Train Station. Tier 4 qualifies for an 80% bonus in unit density based on the underlying zoning. This is in exchange for setting aside a certain amount of low-income units. By right one could develop 86 units. With TOC Tier 4, one could develop 155 units. Please refer to the above link for specifics. Additionally, the city has implemented a local incentive program detailed in the City of Los Angeles Density Bonus Program which complements the TOC program and the Citywide Housing Incentive Program Ordinance or CHIP. Further, the site qualifies for Executive Directive 1 (ED 1) which expedites the processing of shelters and 100% affordable housing projects in the city of Los Angeles. The offering is a rare opportunity for an investor/developer to acquire a sizable developable parcel in a sub-market in critical need of new housing, and is also eligible for expedited entitlement processing.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26860729
List price is $2,900,000
Beds: 16
Baths: 9
Built in 1937
4,549 sqft
1 story
0.91 acres
Lot size: 0.9079
County: Los Angeles
Zoning: LAC2-2D
Parking description: Uncovered
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: SYL - Sylmar

Last Updated: 7/23/2026

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This listing belongs to the SYL - Sylmar MLS area

Lat/Long: 34.291801, -118.451560.
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Listing Agent: Robert Leveen
Lic#: 01476685
Broker: Courtesy of Robert Leveen

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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