31371 The Old Rd E, Castaic, California 91384, Castaic, 91384 - 2 bed, 2 bath
Loading property details...
31371 The Old Rd E
Castaic, California 91384
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,077Sq Ft
299,306Lot Size
Property Price
LIST PRICE$459,999
EST. MARKET VALUE
$397,610
15% AboveMARKET VALUE
SUMMARY
This 2BD/2BA Condominium represents a High-Potential Investment Opportunity, listed at $475,000—positioned well above the $401,407 Fair Market Value. While the price reflects a premium, the property features a Condition Rating of 4, offering a stable foundation for cosmetic updates. Residents benefit from a 2-car direct access garage, community tennis courts, and proximity to Valencia High School (9/10). This asset is ideal for Buy-and-Hold Investors seeking long-term rental demand or first-time buyers prioritizing top-tier school districts and recreational access.
Estimated Market Value
$397,610
Based on Realkey algorithm analyzing recent comparable sales in Castaic.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31371 The Old Rd E Subject | $459,999* List Price | 2 | 2 | 1,077 | $369 | - |
A 31363 The Old Road Sold | $510,000 | 3 | 3 | 1,443 | $353 | 0.0 mi |
B 31315 The Old Road D Sold | $475,000 | 2 | 3 | 1,264 | $376 | 0.1 mi |
C 28162 Sloan Canyon A Sold | $535,000 | 3 | 3 | 1,443 | $371 | 0.5 mi |
D 31321 The Old G Pending | $375,000 List Price | 2 | 1 | 1,128 | $332 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984 (42 years old), the property features a functional but dated interior. The kitchen retains original oak cabinetry and older appliances, and while the unit appears well-maintained and move-in ready, it lacks modern renovations and requires cosmetic updates to bathrooms and systems to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Valencia High School (9/10).
- Direct Access Garage
The property features a rare 2-car garage with direct access to the unit, providing a level of convenience and security that is highly sought after in condominium living.
- Top-Rated School District
Zoned for the prestigious Valencia High School with a rating of 9/10, this home offers access to exceptional education, which typically supports strong long-term property value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =299306, other record lot size in square feet = 299217.
- High Monthly HOA Fees
The $500 monthly association fee is relatively high for this price point, which may impact the monthly affordability and debt-to-income ratio for potential buyers.
- Aging Infrastructure
Built in 1984, the property may soon require capital improvements for aging systems or cosmetic updates to remain competitive with newer developments in the area.
About 31371 The Old Rd E
Welcome to this Beautiful 2BD + 2 Ba condo in the Cimarron Oaks Community of Castaic! Filled with Natural light, this inviting home features high ceilings, custom tile floors, and a bright open floor plan, perfect for everyday living and entertaining. The spacious living area flows seamlessly to a nice sized private patio/balcony, perfect for enjoying your morning coffee, or just relaxing. The Master bedroom offers an ensuite bathroom, while secondary bedroom provides flexibility for guest, a home office, or kid's room. The 2-car garage offers direct access to the unit, and Community offers Tennis /Basketball Court, and Sparkling. Conveniently located close to 5 fwy, making commuting a Breeze and just minutes from Castaic Lake. This is one you won't want to miss!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 299,306 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $500.0 / Month
Neighborhood Insights
Castaic Unified Schools
Castaic Middle School
Grades 7-8 • 1.1 mi
5/10
Northlake Hills Elementary School
Grades K-7 • 1.3 mi
6/10
Valencia High School
Grades 9-12 • 4.5 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,077 | 1,567 |
| Lot Size | 299,306 | 106,678 |
| Price | $460.0K | $585.0K |
| Price per sq ft | $427 | $373 |
| Built year | 1984 | 1989 |
| HOA | $500.0 | $370 |
| Days on market | 41 | 125 |
Pricing History
Listed for Sale
Aug 28, 2026
$459,999
$475,000
-3% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$475,000
Initial Listing
Sold
Sep 14, 2023
$450,000
Public Record
Sold
Jun 21, 2012
$109,000
Public Record
Sold
Jul 29, 1997
$88,000
Public Record