12215 San Fernando Rd

Los Angeles, CA 91342

$2,900,000
Price
16
Beds
9
Baths
4,549 Sq. Ft.
$638 / Sq. Ft.
4,549
Sq. Ft.
$638
per Sq. Ft.
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New
New

Description

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...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.
  1. Listed by Robert Leveen • DRE #01476685 • Brokerage DRE #01476685 • Robert Leveen

Property Details for 12215 San Fernando Road

Zoning
LAC2-2D
Parcel Number
2611010012
Total Units
9.0
Living Area
4549
Source Living Area
Plans
Area
Sylmar (SYL)
Vacancy Rate
3%
Lot Size Area
39550
LISTING UPDATED: 07/16/2026 11:01 AM

Property Details for 12215 San Fernando Road

StatusActive
MLS #26860729
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.91 AC / 39,550 SF
CountyLos Angeles County
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Location

Listing Courtesy of Robert Leveen, Robert Leveen, DRE #01476685
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Building Information for 12215 San Fernando Road

Stories1Residences-Year Built1937Building Size-Lot Size0.91 AC / 39,550 SF

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$14,949 per month

30 year fixed, 6.36% Interest

Principal and Interest

$14,451

Property Taxes

$498

HOA Dues

$0

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Property Information for 12215 San Fernando Road

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: apartments
Contract Info
Contract Info
  • Financing: Cash To New Loan, Owner May Carry
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $174,236
  • Net Operating Income: $83,575.00
  • Gross Income: $180,402
  • Gross Rent Multiplier: $16.84
  • Other Income1: $172,202.00
  • Garage Income: $7,200
  • Laundry Income: $1,000
  • Total Annual Expense: 90661
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.9079
  • Lot Size Square Feet: 39550
  • Lot Size Dimensions: 100x295
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 16
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window
  • Cooling Type: Wall/Window
  • Heating: Wall
  • Heating Type: Wall
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-16-2026
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,313.00
  • Unit Actual Rent: $2,626.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,674.00
  • Unit Actual Rent: $11,724.00
  • Unit Projected Rent: $18,200.00
  • Like Units: 7
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $126,001.00
  • Assessed Improvement Percent: 36.18
  • Assessed Land Value: $222,298.00
  • Assessed Land Percent: 63.82
  • Assessed Total Value: $348,299.00

Property History for 12215 San Fernando Road

DateEvent & SourcePriceAppreciation
Jul 15, 2026

Listed (Active)

CLAW #26860729

$2,900,000—
Jul 15, 2026

Listed (Active)

CRMLS #26860729

$2,900,000—
Jun 10, 2026

Withdrawn / Cancelled

CRMLS #26639141

$3,000,000—
DateEvent & SourcePrice
07/15/2026

Listed (Active)

CLAW #26860729

$2,900,000
07/15/2026

Listed (Active)

CRMLS #26860729

$2,900,000
06/10/2026

Withdrawn / Cancelled

CRMLS #26639141

$3,000,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 12215 San Fernando Road

Taxable ValueLand$222,298Additions$126,001Total$348,299
Tax Record2025$5,978 ($498 / month)
Home Facts
Baths9Total Finished SqFt4,549 SqFtAbove Grade Finished SqFt4,549 SqFtLot Size39,537 SqFtStyleMulti-Family Dwelling (2-4)Year Built1937Year Renovated1940ZoningLAC2CountyLOS ANGELESAPN2611-010-012

Schools near 12215 San Fernando Road

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Osceola Street Elementary School
Public - K to 5
San Fernando Middle School
Public - 6 to 8
San Fernando Senior High School
Public - 9 to 12
Academy of Scientific Exploration (ASE)
Public - 9 to 12
Rating
School
Distance
Osceola Street Elementary School
PublicK to 5

San Fernando Middle School
Public6 to 8

San Fernando Senior High School
Public9 to 12

Academy of Scientific Exploration (ASE)
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 12215 San Fernando Road, Los Angeles, CA 91342

12215 San Fernando Road is a multi-family home for sale in Los Angeles, CA 91342. This property was listed for sale on July 15, 2026 by Robert Leveen, it's currently listed at $2,900,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Osceola Street Elementary School, San Fernando Middle School and San Fernando Senior High School. 12215 San Fernando Road is a 16-bed, 9-bath, 4,549 sqft multi-family home built in 1937.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Robert Leveen, Robert Leveen, DRE #01476685

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.