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Discover the potential of this 4-bedroom, 2-bath home located in a quiet and established Sylmar neighborhood. Perfect for investors or buyers looking for a project, this property offers an excellent opportunity to add value and customize to your taste. The home features central heating, a functional floor plan, and a spacious backyard with plenty of room to expand, garden, entertain, or create your dream outdoor retreat. While the property needs cosmetic updates, it has solid bones and is ready for someone with vision to bring it back to life. Offered as-is and sold in its current condition, this home is ideal for those who aren’t afraid to put in some work to make it truly shine. With its great potential and excellent location near schools, parks, and major freeways, this is one of the best opportunities in Sylmar. Whether you're an investor searching for your next project or a buyer ready to build sweat equity, 12948 Phillipi Ave is a property you won’t want to miss
Listing agent: Virginia Meza DRE #01783201 mezavikki@gmail.com, Listing office: J & V Real Estate Group Inc.
MLS data updated 10/28/2026, 3:59:29 AM PT
Source: CRMLS, MLS #: SR25264401
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 20, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$600,000Closed sale · Jan 20, 2026ZIP 91342 · Jan 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.