Pending

27614 Violin Canyon RD

CASTAIC CA, 91384

$4,250,000


$225.87 per sqft

Pending

20 Beds

20 Baths

18,816 sqft

Multi-family

Built in 1981

PRICED TO SELL! We are pleased to exclusively offer for sale this 22 Unit multi-family residential investment opportunity in the city of Castaic, located just minutes north of the city of Valencia. Boasting a 5.43% Cap Rate and a 10.21 GRM, this property was constructed in the 1980s and offers 18,816 rental square feet on a substantial 41,096 square foot lot. The unit composition includes one 2-Bedroom/1.75-Bathroom unit with an oversized patio, seven additional 2-Bedroom/1.75-Bathroom units, and fourteen 1-Bedroom/1-Bathroom units, each with private balconies/patios, ensuring a desirable outdoor space for each tenant. Tenant amenities enhance this property's appeal featuring gated private entry with an intercom call system, central A/C & Heat, sparkling swimming pool, communal laundry room, and covered carport parking with a total of 37 off-street parking spaces. The property also benefits from copper plumbing and a newer roof, highlighting its well-maintained condition. With a 35% upside in market rents, this investment offers significant potential for revenue growth and upside appreciation.

CV24153743MR

MLS ID

July 26, 2024

Listed

January 14, 2025

Updated

Map

27614 Violin Canyon RD
CASTAIC CA, 91384

Interior Features

Total Stories

2


Bedrooms

20


Total Bathrooms

20


Laundry Description

Community, Room


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.94 Acres


Sewer

Public Sewer

Other Property Details

Area Name

North Castaic


Days on Market

84


Garage

No


Parking

Assigned


Parking Total

37


View

No


County

Los Angeles


Water Source

Public


Pool

Yes


Pool Features

In Ground


Zoning

LCR3*

Listing History

Date

Event

Price

10/23/2024

Pending

Listed by Kristopher German with RE/MAX 2000 REALTY
Listing Contact: 626-427-0786 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Dana & Jeff Luxury Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 1/14/2025

Powered byLuxury Presence