Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,860,000
Apartment buildings
24817 Walnut St Santa Clarita, CA 91321-1569
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6185749
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
WOOD
Total area
15,280 SF
Lot
0.53 ac (22,888 SF)
Zoning code
SCUR3
APN
2855-015-014
UPID
US09-6185749
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Canyons at Santa Clarita Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.80M
CAP Approach
CAP
$3.56M
Comparable Approach
Comparable
$4.91M
Blend (final)
Blend
$3.86M
Owner & transaction history
Newhall Bliss LLC · 5 yrs held
Newhall Bliss LLC
since 2021
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
SCUR3 · Santa Clarita, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.3M
+103.9%
Auto repair, garage
$6.2M
+101.0%
Office building
$6.1M
+95.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Santa Clarita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Clarita submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,740,000
ML approach
$3,800,000
CAP Approach
CAP Return
Estimation
6%
$3,850,000
6.5%
$3,555,000
7%
$3,300,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,095,000
Current use
RETAIL STORES
$6,315,000
Change: +104% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,225,000
Change: +101% · Conversion: Difficult
OFFICE BUILDING
$6,055,000
Change: +96% · Conversion: Moderate
WAREHOUSE, STORAGE
$4,860,000
Change: +57% · Conversion: Difficult
Blend value · Realmo final
$3.86M
Range $3.47M – $4.25M · ±10% · vs last sale $4.10M (Feb 9 2021)
Last sale anchor
$4.10M
Feb 9 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$253 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$63,931
Tax year 2024
Assessed value
$4,354,136
Assessed 2024
Previous assessed
$4,354,136
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$2,122,416
Assessed improvement
$2,231,720
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
18
Bathrooms
19
Total area
15,280 SF
Lot
0.53 ac (22,888 SF)
Zoning code
SCUR3
APN
2855-015-014
UPID
US09-6185749
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SCUR3 · Santa Clarita, CA
Zoning SCUR3 · permitted uses
SCUR3 · Santa Clarita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Clarita. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.1M
RETAIL STORES
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$6.2M
OFFICE BUILDING
Est. value
$6.1M
WAREHOUSE, STORAGE
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
18
Bathrooms
19
Lot
0.53 ac
Current owner
From public records · entity-resolved
Newhall Bliss LLC
Entity
Mailing address
1880 CENTURY PARK E STE #800, LOS ANGELES, CA 90067-1627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2023
—
Newhall Bliss LLC
—
Deed
related
$25,000,000 · Cathay Bank
Feb 9, 2021
$4,103,500
Newhall Bliss LLC
Streamline Properties LLC
Grant Deed
—
Jul 12, 2017
—
Streamline Properties LLC
—
Deed
related
$2,700,000 · Mechanics Bank
Apr 5, 2016
$2,971,000
Streamline Properties LLC
The C Henry & Nesta Klar Family Par
Grant Deed
$1,700,000 · California Republic Bank
Jul 25, 1997
$775,000
C Henry & Nesta Family Ptshp
Klar Trust
Grant Deed
—
Dec 22, 1992
—
Richard A Klapproth
Klapproth,richar
Quit Claim Deed
related
$11,800 · Money Store California
—
—
C Henry & Nesta Klar Family Pt
—
Deed Of Trust
related
$1,001,000 · Union Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 24817 Walnut St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
