31701 Ridge Route RD, Castaic, CA 91384
31701 Ridge Route RD, Castaic, CA 91384
31701 Ridge Route RD, Castaic, CA 91384
7
See all 7 photos
$7,500,000
Est. payment /mo
Save
46 Beds
43 Baths
27,360 SqFt
Active

31701 Ridge Route RD Castaic, CA 91384

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 27,360 sqft

Price per Sqft $274

MLS Listing ID 26867719

Bedrooms 46

HOA Y/N No

Year Built 1986

Lot Size 1.340 Acres

Property Description

31701 Ridge Route Road is a 33-unit apartment community in the heart of the Santa Clarita Valley, being offered to the open market for the first time in nearly 40 years. The property was built and owned by the same family since its development in 1986 and 1988, and is now being offered by the original owner's children. The property has a proven track record and has been well-maintained throughout it's history. The property comprises 33 residential units across 27,360 rentable square feet on a 1.34-acre site. The unit mix skews toward functional one- and two-bedroom floor plans - the bread and butter of the Santa Clarita Valley workforce renter - with units averaging 829 square feet. In-place rents trail current market rates by a meaningful margin, and five units are currently vacant, providing an incoming owner with an immediate opportunity to begin capturing market rents at close. Situated along the I-5 corridor approximately 35 miles north of downtown Los Angeles, Castaic occupies a meaningful geographic and economic position as the northern gateway to the Santa Clarita Valley. The location gives residents direct freeway access to Santa Clarita's employment base to the south and to the broader Los Angeles metro beyond - all without the congestion and cost of living that define closer-in neighborhoods. Castaic Lake and the surrounding recreation corridor add a quality-of-life dimension that sets this community apart and contributes to the stable, deeply rooted residential character that has defined this property over nearly four decades of family ownership.

Location

State CA

County Los Angeles

Area Ecas - East Castaic

Zoning LCR3*

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Covered

Community Features Gated

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2865009018

Security Features Gated Community

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Filip Niculete Marcus & Millichap #01905352

Go tour this home

31701 Ridge Route RD

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Herb Rim

Herb Rim

Realtor License ID: 01870707

+1(818) 699-9179

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Herb Rim, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Experience Matters

Our team offers expert guidance and personalized service to make buying, selling, or investing in property smooth and stress-free. With deep market knowledge and a commitment to clear communication, we focus on achieving your real estate goals efficiently and effectively.

Trust

the best

  • 100
    Homes for Sale
  • $100000
    Sales Price
  • 100
    Total Listings
  • $100000
    Average Listing Price
};