New search
Property profile & analytics
OFF-MARKET
Estimated value
$39,875,000
Apartment buildings
26880 Seco Cyn Rd, Santa Clarita, CA 91350
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8649465
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Construction
WOOD
Total area
103,828 SF
Lot
6.23 ac (271,322 SF)
Zoning code
SCUR4
APN
2808-004-002
UPID
US09-8649465
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.17M
Comparable Approach
Comparable
$37.36M
Blend (final)
Blend
$39.88M
Owner & transaction history
Cp5 Canyon Terrace LLC · 4 yrs held
Cp5 Canyon Terrace LLC
since 2022
Last sale
$48.8M
4 recorded transactions
Zoning & alternative use
SCUR4 · Santa Clarita, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$47.2M
+124.3%
Retail stores
$42.9M
+103.9%
Auto repair, garage
$42.3M
+101.0%
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
$40,355,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,175,000
6.5%
$24,165,000
7%
$22,440,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$47,200,000
Change: +124% · Conversion: Moderate
RETAIL STORES
$42,915,000
Change: +104% · Conversion: Difficult
AUTO REPAIR, GARAGE
$42,305,000
Change: +101% · Conversion: Difficult
OFFICE BUILDING
$41,155,000
Change: +96% · Conversion: Moderate
WAREHOUSE, STORAGE
$33,015,000
Change: +57% · Conversion: Difficult
Blend value · Realmo final
$39.88M
Range $35.89M – $43.86M · ±10% · vs last sale $48.75M (Jan 10 2022)
Last sale anchor
$48.75M
Jan 10 2022
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
$384 / 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
$672,307
Tax year 2024
Assessed value
$50,882,403
Assessed 2024
Previous assessed
$50,882,403
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$12,224,700
Assessed improvement
$38,657,703
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
1984
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
132
Bathrooms
76
Total area
103,828 SF
Lot
6.23 ac (271,322 SF)
Zoning code
SCUR4
APN
2808-004-002
UPID
US09-8649465
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SCUR4 · Santa Clarita, CA
Zoning SCUR4 · permitted uses
SCUR4 · 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
MEDICAL BUILDING
Est. value
$47.2M
RETAIL STORES
Est. value
$42.9M
AUTO REPAIR, GARAGE
Est. value
$42.3M
OFFICE BUILDING
Est. value
$41.2M
WAREHOUSE, STORAGE
Est. value
$33.0M
MEDICAL BUILDING
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
1984
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
132
Bathrooms
76
Lot
6.23 ac
Current owner
From public records · entity-resolved
Cp5 Canyon Terrace LLC
Entity
Mailing address
6191 N STATE HWY 161ST DR STE #100, IRVING, TX 75038-2290
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2022
$48,750,000
Cp5 Canyon Terrace LLC
Air Canyon Terrace LP
Grant Deed
—
Jul 23, 2010
—
Aimco Canyon Terrace LP
La Canyon Terrace LP
Grant Deed
$10,650,000 · Keycorp Real Estate Capital Markets
Jan 6, 1999
$6,400,000
Casden Canyon Terrace LP
Canyon Terrace Ltd
Grant Deed
related
$6,200,000 · Finova Realty Capital INC
—
—
Terrace La Canyon
—
Deed Of Trust
related
$16,000,000 · Northwestern Mutual Life Ins
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 26880 Seco Cyn Rd?
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.
