Listed by Jared Levine•DRE #01804008• Keller Williams Realty-Studio City
Contact: jared@jaredmlevine.com
For sale
$2,595,000
Est. $16,998/mo —
24
bd
•
24 ba
•
11,191
sq ft
27500 Violin Cyn, Castaic, CA 91384
About this home
9.12 GRM | 8.04% CAP | 100% Occupied | All 2+2 Units | We are pleased to present Castaic Apartments, a rare 12-unit multifamily investment opportunity located in one of the Santa Clarita Valley’s most supply-constrained rental submarkets. Built in 1985, the property features 11,191 SF of building area on a 18,134 SF corner lot with excellent street exposure and convenient Interstate 5 access. The property offers an exceptional unit mix consisting entirely of spacious two-bedroom, two-bathroom residences, complemented by central air conditioning, on-site laundry, a central courtyard, and 24 parking spaces, including 18 covered spaces. Castaic Apartments offers investors strong in-place income, streamlined operating expenses, and significant value-add potential through interior renovations, rental upside, and possible ADU development, subject to applicable approvals. Additional investment advantages include a clear SB 721 inspection report, attractive CAP rate and GRM, and a highly competitive acquisition basis. According to CoStar, only one multifamily sale has occurred in Castaic over the past two years, highlighting the scarcity of investment opportunities in this tightly held submarket. Strategically situated near Castaic Lake and surrounded predominantly by single-family neighborhoods, the property benefits from proximity to shopping, dining, schools, outdoor recreation, and major employment centers. Convenient Interstate 5 access connects residents to Valencia, Santa Clarita, the San Fernando Valley, and greater Los Angeles. Combining immediate cash flow, rental upside, and limited competing inventory, Castaic Apartments represents a compelling long-term multifamily investment opportunity.
A marvelous investment opportunity! 27500 Violin Canyon Road is a two story apartment building located in Castaic, Ca Built in 1985, the building comprises of 12 units. Each with 2 bedrooms and 2baths, spacious, well laid out, with their own A/C units and few of them with their own balcony. A well-maintained building has massive upside in rents. All units have laminated and tile flooring throughout. Onsite parking has 23 covered and uncovered parking spaces and security gate. This property is located very close to Freeway 5 offering tenants access to variety of retail, coffee shops, shopping centers and surrounding neighborhoods!
Public Records
Jun 17, 1997
Sold
$575,000
$51/sq ft
Public Records
Dec 1, 1988
Sold
$925,000
$83/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$24,624 (+6.5%)
$212,241 + $1,273,449
$1,485,690
2024
$23,115 (+1.1%)
$208,080 + $1,248,480
$1,456,560
2023
$22,863 (+50.5%)
$204,000 + $1,224,000
$1,428,000
2022
$15,192 (+1.9%)
$200,000 + $1,200,000
$1,400,000
2021
$14,905 (+0.9%)
$67,517 + $799,607
$867,124
2020
$14,770 (+2.1%)
$66,194 + $783,929
$850,123
2019
$14,468 (−2.9%)
$65,516 + $775,891
$841,407
2018
$14,901 (+4.3%)
$64,232 + $760,678
$824,910
2017
$14,293 (+5.5%)
$61,739 + $731,141
$792,880
2016
$13,547 (+1.5%)
$61,739 + $731,141
$792,880
2015
$13,347 (+1.5%)
$60,529 + $716,805
$777,334
2014
$13,152 (+6.7%)
$58,453 + $692,208
$750,661
2012
$12,322 (+4.6%)
$58,189 + $689,080
$747,269
2011
$11,780 (+0.8%)
$57,049 + $675,569
$732,618
2010
$11,690 (+0.7%)
$55,931 + $662,323
$718,254
2009
$11,609 (+5.1%)
$55,513 + $657,373
$712,886
2008
$11,042
$55,645 + $658,935
$714,580
Public record
Public record
Zoning
Permits
Beds
24
Baths
24
Stories
—
Lot width
—
Lot depth
—
Lot size
9,311 Sq. Ft.
Year renovated
1985
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
11,191
Year built
1985
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
2865008046
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
R-3
Limited Density Multiple Residence Zone
Residential Zones preserve, protect, and enhance areas for residential land uses in a range of densities; provide for orderly, well-planned, and balanced growth of residential neighborhoods; and ensure adequate light, air, privacy, and open space for each dwelling. These zones also provide for the appropriate location of public and semi-public uses such as schools, parks, and religious facilities that can serve and complement residential uses.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Other
Mar 6, 2022 • Final
Express utility
Perform asphalt repairs following a water line leak repair.
Grading
Oct 6, 2020 • Final
Road excavation
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
Castaic is currently a balanced housing market, offering fair ground for both buyers and sellers. The median home sale price sits around $785,000. With properties spending an average of 41 to 53 days on the market, buyers have time to negotiate terms...
The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...