Duplex with Attached
New
For Sale
$998,800
19604 Delight Street, Canyon Country, CA 91351
Separate entry and dedicated HVAC serve the accessory unit, which also has its own street address.
Property Size2,079 SF
Days on Market4
Property Features for 19604 Delight Street
General Information
Standard status
Active
Size
2,079 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Amenities
pool
Building Details
Building Size
2,079 SF
Year Built
1966
Buildings
1
Listing Agency:
Beverly and Company, Inc.
Listed By:
Alexis Reynoso · License #02043550
(661) 476-0031
Source:
Truthrealty
Added: Sep 24
Changed: Sep 26
Last Checked: Sep 26 at 2:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beverly and Company, Inc.
Investment Insights
Based on property information with market context.
This 1966 duplex includes a 1,460-square-foot main residence and a permitted, attached ADU measuring 619 square feet. The secondary unit has a private entrance and a separate address. Both residences have dedicated HVAC systems, quartz countertops, white cabinetry, and white shaker-style doors. The main home has a gas range, while the ADU is equipped with an electric range.
The backyard includes a re-plastered pool and a sitting area.
The backyard includes a re-plastered pool and a sitting area.
Key Highlights
- Permitted attached ADU with a private entrance and separate address
- Main residence offers 1,460 square feet; ADU adds 619 square feet
- Dedicated HVAC system in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,108
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$702,160
$702.2K
Cap Rate 7%
$501,543
$501.5K
Cap Rate 9%
$390,089
$390.1K
Market Conditions
NOI Build-Up for 2,079 SF
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.
Gross rent
$52.4K $25.20/SF
− Vacancy
−$2.2K −$1.08/SF
EGI
$50.2K $24.12/SF
− OpEx
−$15.0K −$7.24/SF
NOI
$35.1K $16.89/SF
Area
Santa Clarita, CA
Vacancy
4.27%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$702,160
Cap Rate 7%
$501,543
Cap Rate 9%
$390,089
Alternative Uses
Best Use
Multifamily LT 5
$501.5K
$438.9K – $585.1K
NOI $35,108 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$449.3K
$393.1K – $524.2K
NOI $31,449 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$521.0K
$455.9K – $607.9K
NOI $36,471 @ 7.0% cap · market cap 3.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Explore this area
Business Placement
Demographics for 91351, CA
34,684
Population
10,641
Households
3.3
Avg Household Size
37
Median Age
25%
College-Educated
84%
High-School Grad
8.7 sq mi
ZIP Area
3,987
Density / Sq Mi
$112,888
Median Household Income
$48,698
Median Earnings
$2,272
Median Rent
$589,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate entry and dedicated HVAC serve the accessory unit, which also has its own street address.
Where is this duplex located?
The property is located at 19604 Delight Street Canyon Country, CA.
What is the asking price?
The asking price for this property is $998,800.
What are key features of this property?
This property features: Permitted attached ADU with a private entrance and separate address; Main residence offers 1,460 square feet; ADU adds 619 square feet; Dedicated HVAC system in each residence
