24846 Walnut Street, Santa Clarita, CA 91321

Santa Clarita
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
24846 Walnut Street,Santa Clarita, CA 91321
$4,200,000
  • 25 Beds
  • 24 Baths
  • 15,656 sq. ft.
  • Multi-family
  • Active
Listed by: filip niculete, glen scher
Office: marcus & millichap818-212-2700
MLS#:26867777
Source:CRMLS

Price summary

  • Price:$4,200,000
  • Price per sq. ft.:$268.27

About this home

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...

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Home facts

  • Year built:1985
  • Listing ID #:26867777
  • Added:52 day(s) ago
  • Updated:September 25, 2026 at 11:29 AM

Rooms and interior

  • Bedrooms:25
  • Total bathrooms:24
  • Living area:15,656 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1985
  • Building area:15,656 sq. ft.
  • Lot area:0.55 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$4,200,000
  • Price per sq. ft.:$268.27

Parking

  • Total parking spaces:22
  • Parking description:Covered
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