31701 Ridge Route Rd, Castaic, CA 91384

$6,700,000
46
BD
43
BA
27,360
SqFt

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List Price
$6,700,000
Price Change
▼ $800,000 1794275659
MLS#
26867719
Year Built
1986
Bedrooms
46
Bathrooms
43
Living Sq. Ft
27,360
Lot Size
58,370
Days on Market
119
Property Type
Multifamily

Property Description

31701 Ridge Route Road (APNs 2865-009-018 and 2865-008-045) is a 33-unit apartment community on a 1.34-acre site in Castaic. Built in 1986 and 1988 and owned by the same family since development, it is on the open market for the first time in nearly 40 years. The property has 27,360 rentable square feet, with studios, one-bedroom and two-bedroom apartments, onsite laundry and gated parking. Castaic sits along I-5 about 35 miles north of downtown Los Angeles, near Castaic Lake and its recreation corridor. The financials use projected January 2027 rents, including market-rent assumptions.

Additional Information

Other Buildings
None
Heat
Central
Cooling
Central
Number of Cars in Garage
Covered Parking

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Courtesy of Marcus & Millichap, Filip Niculete - CA DRE#01905352

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