24966 Walnut Street, Santa Clarita, CA 91321

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24966 Walnut Street,Santa Clarita, CA 91321
$1,975,000
  • 17 Beds
  • 10 Baths
  • 6,458 sq. ft.
  • Multi-family
  • Active
Listed by:filip niculete
Office:marcus & millichap
MLS#:25578181
Source:CRMLS

Price summary

  • Price:$1,975,000
  • Price per sq. ft.:$305.82

About this home

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

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Home facts

  • Year built:1962
  • Listing Id #:25578181
  • Added:1 day(s) ago
  • Updated:August 14, 2025 at 04:38 AM

Rooms and interior

  • Bedrooms:17
  • Total bathrooms:10
  • Living area:6,458 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:6,458 sq. ft.
  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$1,975,000
  • Price per sq. ft.:$305.82
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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