24802 Walnut Street, Santa Clarita, CA 91321

On the market for the first time in nearly 40 years, this 7-unit residential community on Walnut Street represents a rare opportunity to acquire a well-established property in one of Northern Los Angeles County's fastest-growing and most well-planned communities. The property was built and owned by the same family since its development in 1978, and is now being offered by the original owner's children. Long-term family stewardship of this kind is increasingly rare in today's multifamily 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 0.26-acre site totaling 5,842 rentable square feet and features a well-diversified unit mix including one-bedroom and two-bedroom floor plans as well as a studio that serves the broad spectrum of the Santa Clarita Valley renter market. In-place rents...