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Property profile & analytics
OFF-MARKET
Commercial real estate

28520 Roosevelt Ave Castaic, CA 91384

0.91 ac lot
Property ID
US09-9301759
Property summary
AI-generated overview

This exceptional 0.905-acre property in Castaic, California (APN 3271-008-031), presents a unique development opportunity. Located at 28520 Roosevelt Ave, 91384, this R1-zoned land offers five separate parcels, ideal for building multiple residences or a single large home. The nearly one-acre lot (39,446 sq ft) is conveniently situated at the end of a quiet street, ensuring privacy. Utilities are readily available at the road, simplifying construction. The flat terrain makes development straightforward. This location boasts easy access to major transportation routes, including the 5 and 126 Freeways, just five minutes away. Enjoy proximity to Six Flags Magic Mountain and Westfield Valencia Town Center (both within 15 minutes), as well as Piru and Pyramid Lakes. The vibrant Val Verde community offers a wealth of amenities, including a swimming pool, playgrounds, sports fields, a community center, and numerous parks and recreational areas. The property's adjacency to the approved Sterling Ranch Estates, a planned community with 222 single-family homes, further enhances its value and potential. This is a rare chance to build in a desirable location with excellent access to amenities and transportation. The asking price is $279,000.

Property profile
Verified
Property type Commercial real estate
Lot 0.91 ac (39,422 SF)
APN 3271-008-031
UPID US09-9301759
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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