Log In/Sign Up
Your email has been sent.
North Los Angeles Multifamily Portfolio 11 Multifamily Properties in Multiple Locations
Executive Summary
The Boyett Team at CBRE is pleased to present a rare 15-property, 548-unit multifamily portfolio spanning some of Greater Los Angeles’ most consistently high-demand rental submarkets — including Eagle Rock, West Hills, Northridge, Reseda, Castaic, and multiple pockets of Santa Clarita. Together, the assets form a uniquely diversified yet operationally aligned collection of well-maintained properties that combine scale, stability, and meaningful rental upside across supply-constrained neighborhoods.
Across the portfolio, long-term ownership, consistent historical performance, and strong in-place occupancy provide an exceptional foundation for revenue durability. With construction years ranging primarily from the late 1970s through early 1990s, every property in the collection benefits from exemption from the Los Angeles RSO and, excluding Castaic (RSTPO), instead operates under AB 1482 (5% + CPI)* — allowing predictable rent growth and streamlined operational consistency across all assets.
A unifying theme across the offering is clear and measurable rental upside, generally ranging from ~8% to as high as ~28% depending on submarket. Every property participates in a RUBS program*, and many generate supplemental parking income, reinforcing expense recovery and supporting strong operating margins. Across the entire collection, repositioning opportunities exist through unit-turnover upgrades, operational optimization, and strategic enhancement of amenity offerings.
Across the portfolio, long-term ownership, consistent historical performance, and strong in-place occupancy provide an exceptional foundation for revenue durability. With construction years ranging primarily from the late 1970s through early 1990s, every property in the collection benefits from exemption from the Los Angeles RSO and, excluding Castaic (RSTPO), instead operates under AB 1482 (5% + CPI)* — allowing predictable rent growth and streamlined operational consistency across all assets.
A unifying theme across the offering is clear and measurable rental upside, generally ranging from ~8% to as high as ~28% depending on submarket. Every property participates in a RUBS program*, and many generate supplemental parking income, reinforcing expense recovery and supporting strong operating margins. Across the entire collection, repositioning opportunities exist through unit-turnover upgrades, operational optimization, and strategic enhancement of amenity offerings.
Property Facts
| Sale Type | Investment | Individually For Sale | 11 |
| Status | Active | Total Building Size | 418,587 SF |
| Number of Properties | 11 | Total Land Area | 21.74 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 11 |
| Individually For Sale | 11 |
| Total Building Size | 418,587 SF |
| Total Land Area | 21.74 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 17740 Scherzinger Ln, Canyon Country, CA 91387 | Multifamily | 66,000 SF | 1987 | - |
| 31657 Ridge Route Rd, Castaic, CA 91384 | Multifamily | 74,372 SF | 1991 | - |
| 31737 Ridge Route Rd, Castaic, CA 91384 | Multifamily | 47,706 SF | 1984 | - |
|
Castaic Lake Apartments
31717 Ridge Route Rd, Castaic, CA 91384 |
Multifamily | 26,026 SF | 1979 | - |
| 1615 Yosemite Dr, Los Angeles, CA 90041 | Multifamily | 31,692 SF | 1990 | - |
| 24308 Walnut St, Newhall, CA 91321 | Multifamily | 9,362 SF | 1984 | - |
| 18550 Vincennes St, Northridge, CA 91324 | Multifamily | 51,213 SF | 1980 | - |
| 7235 Baird Ave, Reseda, CA 91335 | Multifamily | 50,208 SF | 1987 | - |
| 7259 Baird Ave, Reseda, CA 91335 | Multifamily | 7,960 SF | 1987 | - |
| 23901 Los Rosas St, West Hills, CA 91304 | Multifamily | 31,464 SF | 1980 | - |
| 8485 Valley Circle Blvd, West Hills, CA 91304 | Multifamily | 22,584 SF | 1981 | - |
1 1
1 of 236
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
North Los Angeles Multifamily Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.