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$1,825,000
17 Beds 10 Baths 25578181 MLS Closed Status
24966 Walnut Street offers investors a rare chance to acquire a nine-unit multifamily property in the heart of Santa Clarita, one of Los Angeles County's most desirable and rapidly developing suburban markets. Featuring all two-bedroom, one-bathroom floor plans, the property delivers an ideal layout for working families and long-term renters, generating $13,525 per month in gross rental income. With below-market rents across the board, the asset presents clear potential for substantial income growth through targeted renovations and repositioning. Constructed in 1962 and totaling 6,458 square feet, the building is situated on a quiet residential street and has been home to long-term tenants, many of whom are paying significantly under market rates. Located within the City of Santa Clarita which has no local rent control new ownership can take advantage of full flexibility to adjust rents to market levels as units turn over, subject only to California's AB 1482 guidelines. The combination of stable in-place income and meaningful value-add potential makes this an exceptional opportunity for both cash flow and long-term appreciation. Positioned in a high-income, high-growth suburban community, the property benefits from proximity to major job centers, new development, and convenient transportation options. Santa Clarita is home to a strong and diversified economy, anchored by industries such as entertainment, healthcare, and education. Nearby attractions include Disney's Golden Oak Ranch and extensive film studio infrastructure, further boosting housing demand from industry professionals. With a family-friendly atmosphere, excellent schools, and a growing population, this location offers a compelling backdrop for sustained rental demand and long-term investor success.

24966 Walnut Street, Santa Clarita

$965,000
6 Beds 4 Baths 23279217 MLS Closed Status
A complete makeover "move in ready" masterpiece!!!! Own a piece of beautiful Canyon Country with a one-of-a-kind, scenic panoramic view overlooking Santa Clarita. No HOA or Mello-Roos. This 6 bedroom, 3.5 bath classic home has been restored beyond its original glory with practically nothing left untouched. Almost everything has been updated: Brand new Roof-2023 with Energy efficient shingles, Newer energy efficient dual zone AC units and heat pump. Brand new luxury plank flooring that is 100% waterproof. New interior and exterior paint. The Pool has been remodeled with fresh plaster plus equipment and offers an amazing cliffside view of the city. All bathrooms have been remodeled with new toilets, fixtures, and modern tile. Kitchen is an open-floor plan with dining and living spaces and custom cabinetry, custom quartz countertops, soft-close doors and drawers, new hardware, new fixtures, along with Viking stainless steel appliances including dishwasher, fridge and 6 burner range. It also features New energy efficient windows, lighting, and fixtures. New garage door opener and washer/dryer connections. Water efficient landscaping with newly installed AstroTurf. Every area of this home has been considered and upgraded. There is plenty of character in the home with enough room for you to add your own personalized touches. There are dual staircases for additional privacy and multi-generational living. The master bedroom suite floor plan is excellent, with a walk-in closet, large bathroom, custom tiled floors, walk-in shower, and dual sink vanity with lighted mirrors. Part of a wonderful school district for elementary, junior, and high schools, and walking distance from Canyon Country Park as well easy 14 freeway access, and minutes from College of the Canyons, Vons, and Costco. This beautiful home is a very rare find with quality finishes, this opportunity will not last. Contact us today.

17840 Wildridge Lane, Santa Clarita

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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