Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

13040 Dronfield Avenue 3

Sylmar, CA, 91342

1 / 14View all 14 photos

$199,999

MLS: P1-24877

Beds

1

Baths

1

Sq Ft

613

Lot

Year Built

1964

MLS #

P1-24877

Days on Market

144

Listed

Nov 8, 2025

Description

Amazing opportunity at an affordable price. Based on comparable sales and rent this condo can generate 7.86% cap rate for investors. This condo is located across the street from Sylmar Elementary, Sylmar High School and within walking distance of Foothill Blvd.

Location

Sylmar, Los Angeles County, CA 91342

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Listed by: Victor Caro · Avida & Associates

Payment estimate

$1,689

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $20,000 · Loan: $179,999

%
Principal & Interest
$1,106
Property tax (1.25%)
$208
Homeowners insurance
$300
Mortgage insurance
$75
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Sylmar home with as little as 3.5% down using an FHA loan — roughly $7,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Sylmar, CA 91342 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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