Sylmar Apartment Building Sales

Explore 3 closed multifamily transactions totaling $18.50M in Sylmar. Data from the LAAA Team at Marcus & Millichap.

3

Transactions

$18.50M

Total Volume

4.21%

Avg Cap Rate

$223,390

Avg $/Unit

27

Avg Units

2013

Since

Sylmar Multifamily Market Overview

Sylmar is the northernmost SFV community near Santa Clarita. Across 3 transactions totaling $18.5M, average cap rate is 4.21% at $223K per unit across 81 units. Metrolink access. LA RSO applies.

Market Metrics

Total Deals

3

Total Volume

$18.50M

Avg Cap Rate

4.21%

Cap Rate Range

3.73% - 4.69%

Avg $/Unit

$223,390

$/Unit Range

$165,909 - $260,714

Avg Units/Deal

27

Deal Types

Apartments: 3

Market Snapshot

Source: CoStar | North San Fernando Valley Multifamily | 2026 Q1
6,249Total Units
4.3%↑ from 3.6%Vacancy Rate
$2,186Market Rent/Unit
+1.0%Rent Growth (YoY)
5.3%Market Cap Rate
$297KMarket $/Unit

Rents by Unit Type

Studio$1,395/mo
1 Bedroom$1,896/mo
2 Bedroom$2,394/mo
3 Bedroom$2,996/mo

Supply & Demand

Under Construction242 units
Delivered (12 mo)59 units
Net Absorption (12 mo)5 units
Occupancy Rate95.7%

LAAA Team Closings in Sylmar

3transactions by Glen Scher, Filip Niculete & the LAAA Team

13922 Sayre St

Sylmar2022

Price
$7.55M
Units
31
Cap
3.73%
$/Unit
$243,548

13266 Foothill Blvd

Sylmar2021

Price
$7.30M
Units
28
Cap
4.21%
$/Unit
$260,714

12405 San Fernando Road

Sylmar2015

Price
$3.65M
Units
22
Cap
4.69%
$/Unit
$165,909

Source: LAAA Team Closed Transactions

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Your LA Apartment Investment Advisors

Glen Scher

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Email Glen

License(s): CA: 01962976

Filip Niculete

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Email Filip

License(s): CA: 01905352

LA Apartment Advisors | Marcus & Millichap

16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LAAA