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