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$ 6,700,000
Est. payment /mo
Price Dropped by $800K
31701 Ridge Route RD Castaic, CA 91384
46 Beds
43 Baths
27,360 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 27,360 sqft
Price per Sqft $244
MLS Listing ID 26867719
Bedrooms 46
HOA Y/N No
Year Built 1986
Lot Size 1.340 Acres
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
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
Listed by Filip Niculete Marcus & Millichap #01905352
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