Address: |
view address Castaic, CA 91384 Map Location |
Features: | Air Conditioning, Multi-level |
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Square Feet: | 18,816 sq.ft. | Lot Size: | 41096.0 |
Year Built: | 1981 | Property Type: | Apartment |
Neighborhood: | Custom North Castaic (CNCAS) | County: | Los Angeles |
List Date: | 2024-07-25 | Listing Number: | CV24153743 |
Listed By: | RE/MAX 2000 REALTY | Listing Office: | 909-645-0443 |
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.
Laundry Features: | Common Area, Laundry Room | Laundry: | Yes |
Cooling features: | Central Air | Heating features: | Central |
Heating: | Yes |
Pool Features: | Community, In Ground |
Parking features: | Assigned |
Community Features: | Pool, Curbs, Sidewalks |
Sewer: | Public Sewer |
Special Listing Conditions: | Standard |
Year Built: | 1981 | Levels: | Two |
Stories: | 2 |
Lot Dimensions: | 41096.0 |
Building Area total: | 18816.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.