$1,550,000
 $8,321 forsale estimated payment Sourced by Back At You

24513 Walnut Street , Newhall, CA 91321

Newhall, CA 91321

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Description

Property is being sold as a development opportunity. Capitalize on the highest and best use of the property-This is a Fantastic opportunity to build upto a 35’ tall 3-story approximate 14,900+ SF office building inclusive of a ground floor gated parking garage in Downtown Newhall convenient to restaurants and freeway access as well as all the other amenities the Newhall downtown district has to offer. As part of the Old Town Newhall Corridor Zone, Zoned SCSP this property allows for the maximum usage of the existing lot size with a 0’ set back to the rear of the building and as little as only 5’ on either side of the structure. This gives the maximum income possible to the owner. Lot includes addresses 24513, 24515 and 24519. Currently a multifamily structure with long term tenants occupy the property generating a reliable source of income while the project is in the planning process. All utilities are already in place.

Details

MlsSR24201161
Listing TypeFor Sale
StyleMixed Use
SubtypeResale
StatusActive
Year1954
Days On Site76
Listing Provided ByPinnacle Estate Properties, Inc. 661-705-3200 | Robert Haas

Features

Sq Feet2,364
Garage3
Storys1
Units3
Buildings2
ZoningSCSP
Acreage0.22
Property ViewYes

Market Activity 91321

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityNewhall
Zip Code91321
AreaDNEW Downtown Newhall
Community NameCustom Downtown Newhall (CDNEW)
Listing VS Median (in Custom Downtown Newhall (CDNEW))
Price:
$1,550,000
low | high
Med:
$1,175,000
74.193580645161% of Average
SqFt:
2,364
low | high
Med:
1,887
70.177664974619% of Average
$ / SqFt:
$656
low | high
Med:
$612
56.733067124228% of Average
On Site:
76
low | high
Med:
191.500000
39.686684073107% of Average
Sourced by Back At You
Listing Updated: December 5, 2024 at 8:23:46 AM PST
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