$4,250,000
Pending

27614 Violin Canyon Road

Castaic, CA 91384
0.94 acres | #CV24153743
Listing OfficeRE/MAX 2000 REALTY
Browse 13 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

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.

  • Property Details
      • Lot DescriptionTwentyOneToTwentyFiveUnitsAcre
      • Stories2
    • Measurements
      • Acres0.9434
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1981
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionCustom North Castaic (CNCAS)
    • Location
      • CountyLos Angeles
  • Financial Details
      • Original List Price$4,495,000
  • Other
      • MLS #CV24153743

Location

Marylin PaulReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00