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12948 Phillippi Avenue
About This Property
Welcome to 12948 Phillippi Ave, Sylmar, CA 91342 - a beautifully reimagined single-story home offering 4 spacious bedrooms and 2 fully upgraded bathrooms with high-end finishes throughout. This property has been completely renovated inside and out, making it truly move-in ready.
Step inside to a bright and open layout featuring new vinyl flooring, fresh interior paint, and recessed lighting in the living room, creating a clean and modern feel. The living space is anchored by a cozy fireplace, perfect for relaxing or entertaining.
The stunning kitchen has been fully upgraded with new quartz countertops, white shaker cabinets, and a brand-new stainless steel gas range, offering both style and functionality.
Both bathrooms have been tastefully updated with new vanities, toilets, and modern finishes, providing a fresh, contemporary look.
Major system upgrades include:
Brand-new 3-ton HVAC system with all new ductwork
All new PEX-A plumbing throughout
New ABS waste lines at kitchen and vanities
New 50-amp sub panel in the garage
New roof
New dual-pane windows, slider door, window screens & mini blinds
New Driveway
Each of the 4 large bedrooms features a brand-new ceiling fan/light combo, and the primary bedroom offers a large wall-to-wall closet for ample storage.
The exterior has been fully refreshed with new paint, fascia, and a newly installed driveway, along with fresh sod and sprinkler system in the front yard for great curb appeal.
Enjoy a massive 7,950 sq ft lot, offering endless potential for outdoor living, entertaining, or future expansion. The property also includes a 2-car attached garage with direct access, with laundry conveniently located in the garage.
Highlights:
Fully renovated inside & out
4 large bedrooms / 2 bathrooms
Huge 7,950 sq ft lot
Brand-new major systems (HVAC, plumbing, roof, electrical upgrades)
Modern kitchen & bathrooms
Attached 2-car garage with direct access
Move-in ready
FHA offers are welcome.
This is a rare opportunity to own a fully upgraded home with a large lot in a desirable Sylmar neighborhood - don't miss it!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Price Decreased |
$799,000
↓ $16K
(2%) | |
| Price Decreased | |||
| May 30, 2026 | Price Decreased |
$815,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by J & V Real Estate Group Inc. | $829,999 | |
| Listed by J & V Real Estate Group Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017