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Duplex Income Property

31615-31609 Hunter Lane Castaic, CA 91384

31615-31609 Hunter Lane, Castaic, CA, 91384
$1,199,000
Pending
For Sale
$1,199,000
Pending

MULTI_FAMILY - Other - Castaic, CA

Property Size2,658 SF
Lot Size0.36 Acres
Days on Market69

Property Features for 31615-31609 Hunter Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 3, Laundry Room, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 6, Kitchen, Bedroom 5, Bedroom 4
Parking
2
Parking features
Boat, Garage, RV, Driveway
Window features
Double Pane Windows
Interior features
Quartz Counters, Open Floorplan, Copper Plumbing Full
Fireplace
1
Appliances
Gas Cooktop, Microwave, Refrigerator
Standard status
Pending
APN
2865016043
Size
2,658 SF
Lot size
0.36 Acres

Utilities

Utilities
Water Available
Sewer type
Unknown
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1953
Floors in Building
1
Number of units
2
Flooring type
Laminate, Tile, Wood
Building materials
Stucco
Roof type
Shingle
Architectural style
Other
Listing agency Sync Brokerage, Inc.
Listed by David Prieto · License #01881417
Added: May 15 Updated: Jul 17 at 11:15AM Checked: Jul 22 at 10:06PM
MLS# SR26105385

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex income property is offered with two street addresses, 31615 and 31609 Hunter Lane. The property includes 2,658 square feet of building area situated on a 0.3633-acre lot. It is being marketed as a residential income asset, making it a straightforward option for buyers looking for a multi-unit structure.

The property is located in Castaic, California (Los Angeles County), with the listed site address at Hunter Lane. No additional site or building improvements, unit configuration details, or condition notes are provided in the available information.

For tenants, buyers, or operators seeking a duplex setup, the property’s two-address format can support a practical approach to managing residential rental space under one ownership. Prospective purchasers should confirm unit layouts, current or historical occupancy, and any rent-ready or deferred maintenance considerations directly during due diligence, as those specifics are not included with the provided data.

Key Highlights

  • Quartz counters and an open floorplan
  • Central heating and central air conditioning
  • Wood, tile, and laminate flooring throughout

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $71.8k $27.00
− Vacancy −$5.5k −$2.05
EGI $66.3k $24.95
− OpEx −$19.9k −$7.48
NOI $46.4k $17.46
2,658 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$663.1K
$580.2K – $773.6K (±1% cap)
NOI $46,418 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$611.0K
$534.6K – $712.8K (±1% cap)
NOI $42,769 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M (±1% cap)
NOI $99,616 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Hair Salon Spa & Massage Center Law Firm Nail Salon Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit residential income property offered for sale with a compact lot size and manageable building footprint.
Where is this duplex located?
The property is located at 31615-31609 Hunter Lane Castaic, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Quartz counters and an open floorplan; Central heating and central air conditioning; Wood, tile, and laminate flooring throughout
Contact an agent
More about this property
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