24966 Walnut Street

Off Market

24966 Walnut Street

Santa Clarita CA 91321

6458 sq. ft.

14949 sq. ft.

Other

Last sold for $1,825,000

Filip Niculete, last sold this property on 25 September 2025 after 42 days on market.

Overview

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 combination of stable in-place income and meaningful value-add potential makes this an exceptional opportunity for both cash flow and long-term appreciation. Positioned in a high-income, high-growth suburban community, the property benefits from proximity to major job centers, new development, and convenient transportation options. Santa Clarita is home to a strong and diversified economy, anchored by industries such as entertainment, healthcare, and education. Nearby attractions include Disney's Golden Oak Ranch and extensive film studio infrastructure, further boosting housing demand from industry professionals. With a family-friendly atmosphere, excellent schools, and a growing population, this location offers a compelling backdrop for sustained rental demand and long-term investor success.

Features

17 bedrooms

10 bathrooms

9 carspaces

6458 sq. ft. floor area

14949 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 17 bedroom other properties sold in Santa Clarita over the last 12 months.

Property history for 24966 Walnut Street

2025

Sold

$1,825,000

25 Sep 2025 by Filip Niculete, of Marcus & Millichap

Happy sellers in Santa Clarita

88%

88% of sellers in Santa Clarita reported that their sale price either exceeded or met their price expectations.

Santa Clarita stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Santa Clarita over the last 12 months.

Local market activity for 17 bedroom other properties in Santa Clarita

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Santa Clarita for a market analysis.

Cyndi Lesinski Associates

at Cyndi Lesinski and Associates

(71 reviews)

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Neal Weichel

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4.9

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Santa Clarita

Cyndi Lesinski Associates

Cyndi Lesinski Associates is an award winning recommended agent for Santa Clarita. They have 4 local sales and collected 3 local reviews across the last 12 months.