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27614 Violin Canyon Rd
Castaic, CA 91384 Santa Clarita Valley

$4,250,000 USD

Apartments For Sale • 18,816 SF

Property Details

Property Type Apartments
Total Building Size 18,816 SF
Lot Size 0.94 AC
Building Class C
Year Built 1981
Cap Rate 5.43 %
Zoning LCR3

0 Transit Score

57 Walk Score

                
                    Highlights
                
                                PRICED TO SELL - $193,182 PER UNIT! | 35% Upside In Market Rents!
                            
                                Current 5.43% Cap Rate | 10.21 GRM
                            
                                1980’s Construction | 18,816 Rental Sq. Ft. | HUGE 41,096 Sq. Ft. Lot
                            
                                Comprised of: (1) 2-Bed/1.75 Bath Unit with Large Patio, (7) 2-Bed/1.75 Bath Units, & (14) 1-Bed/1-Bath Units
                            
                                Large, Spacious Units with Private Balconies and Patios | 37 Total Off-Street Parking Spaces | Copper Plumbing Throughout | Newer Roof
                            
                                Tenant Amenities Include: Gated Entry, Swimming Pool, Intercom Call System, Laundry Room, & Covered Carport Parking

Financial Summary (Actual)

Net Operating Income: $230,617 USD (2023)

Cap Rate:	5.43 %
Total Expenses:	$173,273 USD

Amenities

Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Bob Hope	35 min	-	28.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes

Kristopher German 626-427-0786 The Apartment Dealer

27614 Violin Canyon Rd Castaic, CA 91384 Santa Clarita Valley