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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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31701 Ridge Route Road Castaic, CA 91384
$7,500,000 46 beds, 43 baths
27, 360 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26867719
List price is $7,500,000
Beds: 46
Baths: 43
Built in 1986
27,360 sqft
2 stories
1.34 acres
Lot size: 1.3400
County: Los Angeles
Zoning: LCR3*
Parking description: Covered
Heating/cooling: Central Air
Heating description: Central
MLS area: ECAS - East Castaic

Last Updated: 10/8/2026

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This listing belongs to the ECAS - East Castaic MLS area

Lat/Long: 34.494851, -118.617337.
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Listing Agent: Filip Niculete
Co Listing Agent: Glen Scher
Lic#: 01905352
Broker: Courtesy of Marcus & Millichap

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Nearby Schools

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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