707-815-7472
31657 Ridge Route Rd, Castaic, CA for Sale
Apartments - FOR SALE
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31657 Ridge Route Rd
Castaic, CA 91384


OVERVIEW

31657 Ridge Route Rd | 84 Units | Built 1991 31657 Ridge Route Road is a well-maintained 84-unit community situated on a 3.28-acre site in the heart of Castaic. The property offers a highly desirable mix of one, two, and three-bedroom units. Residents enjoy a community pool and on-site parking, supporting strong renter appeal and everyday convenience. The community also participates in a RUBS program and is enrolled in SCEP, reinforcing efficient operations and cost control. Current rents reflect approximately 27% rental upside, creating substantial room for revenue growth through unit turnover, targeted improvements, and strategic repositioning. With its expansive site, large unit layouts, and central Ridge Route Road location, 31657 Ridge Route Road serves as the portfolio’s high-density anchor and a standout value-add opportunity within the Castaic market.

FOR SALE DETAILS

PRICE

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# OF UNITS

84

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

PARKING SPACES

220

LAND DETAILS

LAND ACRES

3.28 AC

LAND SF

142,719 SF

ZONING

MF

APN/PARCEL ID

2865-009-022

ASK ABOUT THIS PROPERTY

John BoyettCBRE Boyett TeamMore Info
707-815-7472

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John BoyettCBRE Boyett TeamMore Info
707-815-7472

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.