Skip to main content
24966 Walnut St
Apartment
Sold September 2025

24966 Walnut St

Santa Clarita, CA · Santa Clarita

Sale Price

$1,825,000

$202,778

Price/Unit

5.32%

Cap Rate

About This Deal

9-unit apartment building in Santa Clarita sold for $1.82M ($202,778/unit, 5.32% cap).

Value-AddMultiple Offers|3 min read

Santa Clarita | 9 Unit | All Cash

Considering selling? Get a complimentary, confidential valuation.

The LAAA Team of Marcus & Millichap is proud to announce the successful closing of 24966 Walnut Street, a 9-unit apartment building in the heart of Santa Clarita. This marks our first year-end investment property sale specifically structured to leverage the 100% bonus depreciation law enacted on July 4, 2025.

Our marketing campaign generated multiple offers within days of launch, and the property was acquired by a local, high-income, all-cash buyer just 43 days after listing.

Seller Motivation

After nearly four decades of ownership, the sellers decided it was time to simplify their lives and transition out of active management. Our two-year relationship with the seller—built on education, timing strategies, and property preparation—positioned the asset for a competitive process and smooth closing.

What's Your Property Worth?

Get a free, confidential valuation from LA's most active multifamily team.

16830 Ventura Blvd, Ste. 100, Encino, CA 91436 | (818) 212-2808