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  • 31701 Ridge Route Road

31701 Ridge Route Road, Castaic, CA 91384

$7,500,000 Approx. USD 46 beds, 43 baths
27,360 sqft
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Melissa Ellis Manager 310-963-9826 m
310-829-0629 o
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
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Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
Phone: 310-829-0629
Fax: 310-829-7541
Santa Monica 3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
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Fax: 310-829-7541
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Listing Agent


Filip Niculete | info@laaa.com
Lic#: 01905352
Broker: Courtesy of Marcus & Millichap
Phone: 8182122748

Co Listing Agent


Glen Scher | glen.scher@marcusmillichap.com
Lic#: 01962976
Broker: Courtesy of Marcus & Millichap
Phone: 818-212-2808

Agent Remarks

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, providing 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26867719
Price: $7,500,000
Beds: 46
Baths: 43
Built in 1986
27,360 sqft
2 stories
1.34 acres
Lot size: 1.3400
County: Los Angeles
Zoning: LCR3*
Parking description: Covered
Heating/cooling: Central Air
Heating description: Central
MLS area: ECAS - East Castaic

Last Updated: 8/5/2026

 Days On Market (DOM): 32

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This listing belongs to the ECAS - East Castaic MLS area

Lat/Long: 34.494851, -118.617337.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Melissa Ellis

Melissa Ellis Manager 310-963-9826 m
310-829-0629 o
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com

Santa Monica Office
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Santa Monica, CA 90403
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