24513 Walnut St, Newhall, CA 91321 | For Sale

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For Sale $1,550,000

$1,550,000
  • (0)
  • 2 Units
  • Unknown Sq Ft
  • 9,382 Sq Ft
  • Unknown Cap Rate

Description

Property is being sold as a development opportunity to capitalize on the highest and best use of the property-Fantastic opportunity to build a 35’ tall 3-story up to an approximate 14,900+ SF office building in addition to 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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,550,000
Property Type Other
Usable Sqft Unknown
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1954
Last Sold Unknown
Sold Price Unknown
APN # 2831005003
MLS # SR24200703
Property ID 320889189
Lot Sqft 9,382
Zoning Unknown
Total Units 2
Days on Market 57
Original List Price $1,550,000
Date Updated October 02, 2024
Date Created September 25, 2024

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Robert Haas an agent of Pinnacle Estate Properties, Inc.. Lic #01411713


© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 02, 2024 The information being provided is 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.



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