Duplex with Permitted
New
For Sale
$1,149,800
19604 Delight Street, Canyon Country, CA 91351
MULTI_FAMILY - Contemporary - Canyon Country, CA
Property Size2,079 SF
Lot Size0.14 Acres
Price / SF$553.05
Days on Market4
Property Features for 19604 Delight Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 4, Bathroom 2, Laundry Room, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 3
Parking features
Driveway
Pool private
1
Fireplace
1
Appliances
Microwave, Refrigerator, Electric Range, Gas Range
Subdivision
Custom Canyon Country 1 (CCAN1)
Lot features
Landscaped, Level, Front Yard, Walkstreet, Back Yard
High school
Canyon
Elementary school district
William S. Hart Union
Middle school district
William S. Hart Union
High school district
William S. Hart Union
Directions
Sierra Hwy and Soledad Canyon Rd
Standard status
Active
APN
2806015003
Size
2,079 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
pool
Building Details
Year built
1966
Floors in Building
1
Number of units
2
Architectural style
Contemporary
Listing Agency:
Beverly and Company, Inc.
(818) 382-4160
Listed By:
Alexis Reynoso · License #02043550
(661) 476-0031
Added: Aug 4
Changed: Aug 6
Last Checked: Aug 7 at 12:06AM
MLS# SR26169305
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 contemporary duplex combines a 1,460-square-foot main residence with a fully attached, fully permitted ADU measuring 619 square feet. The ADU has its own address at 19604 1/2 Delight St. and a private entrance. Both living spaces feature quartz countertops, white cabinetry, white shaker doors, and dedicated HVAC systems. The main residence includes a gas range, while the ADU has an electric range.
Outdoor features include a private backyard with a re-plastered pool and sitting area. The property also offers driveway parking, central heating and air conditioning, public water, and public sewer. Built in 1966, the combined property size is 2079 square feet on a 0.141-acre lot.
Outdoor features include a private backyard with a re-plastered pool and sitting area. The property also offers driveway parking, central heating and air conditioning, public water, and public sewer. Built in 1966, the combined property size is 2079 square feet on a 0.141-acre lot.
Key Highlights
- Fully permitted attached ADU with its own address at 19604 1/2 Delight St.
- Main residence measures 1,460 square feet; attached ADU measures 619 square feet
- Both units include quartz countertops, white cabinetry, white shaker doors, and dedicated HVAC systems
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
3.05%
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 3.05%
Second Best
Apartment 5plus
$449.3K
$393.1K – $524.2K
NOI $31,449 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$521.0K
$455.9K – $607.9K
NOI $36,471 @ 7.0% cap · market cap 3.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
631
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-unit property with an attached ADU, separate address, private entrance, and independent HVAC systems.
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 $1,149,800.
What are key features of this property?
This property features: Fully permitted attached ADU with its own address at 19604 1/2 Delight St.; Main residence measures 1,460 square feet; attached ADU measures 619 square feet; Both units include quartz countertops, white cabinetry, white shaker doors, and dedicated HVAC systems
