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31701 Ridge Route Road

Castaic, CA 91384
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Bed 46

Bed

Bath 43

Bath

SqFt27,360

Sqft

SqFt58,370

Sqft(Lot)

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, provi ding 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $7,500,000

AD Id : 89044536

MLS Id : 26867719

Beds : 46

Lot Size : 58,370 Sqft

Living Area Size : 27,360

Year Built : 1986

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 46

    Bathroom Information

    Total Baths: 43
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1986
    Building Area Total: 27360
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 58370 Lot Size Acres: 1.34 Lot Size Source: Other Lot Size Square Feet: 58,370

  • Listing Price Information

    Listing Price: $7500000

  • Tax Information

    Parcel Number: 2865009018

  • Location Information

    Direction: Lake Hughes Rd Security Features: GatedCommunity
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
27502 Amethyst, Castaic, CA, 91384 $500,000 2 2 1,140 1,140 SqFt
27604 Redwood Way, Castaic, CA, 91384 $875,000 3 2 2,297 2,297 SqFt
27728 Wilderness, Castaic, CA, 91384 $859,000 5 3 2,358 2,358 SqFt
31928 Cinnabar, Castaic, CA, 91384 $550,000 3 2 1,392 1,392 SqFt
32208 Big Oak, Castaic, CA, 91384 $838,000 4 3 2,358 2,358 SqFt
32003 Emerald, Castaic, CA, 91384 $515,000 2 2 1,140 1,140 SqFt
31244 Lakehills Road, Castaic, CA, 91384 $225,000 3 2 1,440 1,440 SqFt
31301 Lakehills Road #80, Castaic, CA, 91384 $255,000 3 2 1,248 1,248 SqFt
31255 Blue Sky Way, Castaic, CA, 91384 $229,900 3 2 1,456 1,456 SqFt
27629 Primrose, Castaic, CA, 91384 $679,900 3 3 1,386 1,386 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/07/2026 @ 19:21

MLS: 26867719 LISTED BY: Filip Niculete, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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