31701 Ridge Route Road, Castaic, CA 91384
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31701 Ridge Route Road, Castaic, CA 91384
31701 Ridge Route Road, Castaic, CA 91384
31701 Ridge Route Road, Castaic, CA 91384
31701 Ridge Route Road, Castaic, CA 91384
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$ 6,700,000
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31701 Ridge Route Road Castaic, CA 91384

27,360 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 27,360 sqft

Price per Sqft $244

MLS Listing ID CL26867719

HOA Y/N No

Year Built 1986

Lot Size 1.340 Acres

Acres 1.34

Property Sub-Type Other

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.

Location

State CA

County Los Angeles

Zoning LCR3*

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

New Construction No

Others

Tax ID 2865009018


Bridge MLS
Listed by Filip Niculete • Marcus & Millichap

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31701 Ridge Route Road