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$4,200,000
25 Beds ⋅ 24 Baths ⋅ 26867777 MLS ⋅ Active Status
On the market for the first time in nearly 40 years, this 16-unit apartment community on Walnut Street represents a rare opportunity to acquire a well-establishedresidential asset in one of Northern Los Angeles County's fastest-growing and most well-planned communities. The property was built and owned by the same familysince its development in 1985, and is now being offered by the original owner's children. Long-term family stewardship of this kind is increasingly rare in today'smultifamily market, and the result is exactly what an experienced investor would hope to find: an asset with a stable operational history, an established tenant base,and rents that have drifted meaningfully below what the market will bear.The property sits on a 0.55-acre site totaling 15,656 rentable square feet, with a unit mix weighted toward spacious one- and two-bedroom floor plans that average979 square feet well above the typical workforce apartment in this submarket. In-place rents trail current market rates by a meaningful margin across the majorityof the unit mix, and the path to stabilized performance is driven entirely by natural rent normalization as tenancy turns over under new ownership.Located approximately 30 miles north of downtown Los Angeles along the I-5 and SR-14 corridors with convenient access to employment centers in Los Angeles,the San Fernando Valley, and surrounding counties Santa Clarita is known for its family-friendly neighborhoods, expansive open spaces, and strong local economy.One of the largest and most dynamic cities in Southern California, it offers a suburban lifestyle with modern amenities while maintaining close ties to the greaterLos Angeles area. The city is home to a wide range of parks, trails, and recreational facilities, including the extensive Santa Clarita Trail System, as well as majorregional attractions like Six Flags Magic Mountain. Seasonal festivals, farmers markets, and a strong tradition of civic engagement give Santa Clarita a welcoming,community-oriented identity that continues to attract long-term residents and new arrivals alike. Walnut Street sits at the center of this established residential fabric a corridor that has supported stable occupancy at this property for four decades.

24846 Walnut Street, Santa Clarita
$777,000
4 Beds ⋅ 3 Baths ⋅ 26835529 MLS ⋅ Active Status
Welcome to this rare 4-bedroom townhome in one of Newhall's most desirable and well-kept communities. Homes here do not come up often, and it is easy to see why. This home has been exceptionally maintained and offers the kind of space, comfort, and layout that is hard to find at this price point. The main level features a bright and open living area with a natural flow between the kitchen, dining, and family spaces - perfect for everyday living, hosting family, or simply relaxing at home. The kitchen feels fresh and inviting with white cabinetry, stone countertops, modern appliances, and plenty of natural light. Upstairs, all 4 bedrooms are thoughtfully positioned, giving everyone a comfortable sense of privacy. The spacious primary suite includes its own bathroom and a large walk-in closet. Here is another bonus for you: this home has 3 full bathrooms, which is not common for a townhome and makes daily life much easier for a busy household. The separate upstairs laundry room adds even more convenience. The private yard is one of the standout features, offering more outdoor space and privacy than you typically expect from a townhome. It is a great area for kids, pets, gatherings, gardening, or enjoying quiet evenings outside. The attached two-car garage offers even more flexibility. Use it for parking, bikes, tools, a home gym, workspace, play area, or extra storage. Located near Old Town Newhall, restaurants, coffee shops, shopping, freeway access, and the San Fernando Valley. If you are looking for a well-maintained home with room to grow, private outdoor space, 4 bedrooms, 3 full bathrooms, and low HOA dues, this is one you do not want to miss.

22755 Walnut Park Lane, Newhall

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.