Santa Clarita Investment
For Sale
$935,000
CHADSFORD DR, Santa Clarita, CA 23856
2,071 SF single-family residence 4 bedrooms, 3 bathrooms
Property Size2,071 SF
Lot Size0.05 Acres
Price / SF$451.47
Days on Market594
Property Features for CHADSFORD DR
General Information
Standard status
Active
Property type
Multifamily properties, Residential income homes, Other residential income properties, Residential income properties, Investment properties
Size
2,071 SF
Elevators
N/A
Lot size
0.05 Acres
Building Details
Year Built
1994
Listed By:
Kyung Kim
(213) 808-2984
Added: Jan 20, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
This 2,071 square foot single-family residence in Santa Clarita, CA, presents an investment opportunity. The property features four bedrooms and three full bathrooms, offering ample space. The open-concept floor plan connects the living areas, creating a bright atmosphere with large windows. The modern kitchen includes countertops and stainless steel appliances. The master suite provides a private retreat with an en-suite bathroom. The home includes a living room and a formal dining area. The property also features a well-maintained backyard. Situated on a 0.0475 acre lot, this property offers convenience and accessibility to local schools, parks, shopping, and dining options. The property is zoned for residential use and is configured as a single-family home, but its size and layout offer potential for conversion to a multi-family dwelling, subject to local zoning regulations. This presents an opportunity for investors seeking a return on investment in a California market.
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
$34,973
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
3.74%
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%
$699,460
$699.5K
Cap Rate 7%
$499,614
$499.6K
Cap Rate 9%
$388,589
$388.6K
Market Conditions
NOI Build-Up for 2,071 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
$52.2K $25.20/SF
− Vacancy
−$2.2K −$1.08/SF
EGI
$50.0K $24.12/SF
− OpEx
−$15.0K −$7.24/SF
NOI
$35.0K $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%
$699,460
Cap Rate 7%
$499,614
Cap Rate 9%
$388,589
Alternative Uses
Best Use
Multifamily LT 5
$499.6K
$437.2K – $582.9K
NOI $34,973 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$447.5K
$391.6K – $522.1K
NOI $31,328 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$519.0K
$454.1K – $605.5K
NOI $36,331 @ 7.0% cap · market cap 3.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - 2,071 SF single-family residence 4 bedrooms, 3 bathrooms
Where is this multifamily property located?
The property is located at CHADSFORD DR Santa Clarita, CA.
What is the asking price?
The asking price for this property is $935,000.
