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.
The income description goes here to explain
List Price | $1,550,000 |
Property Type | Flex Space |
Usable Sqft | Unknown |
Number of Stories | 1 stories |
Parking Spots | 3 spots |
Year Built | 1954 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 2831005003 |
MLS # | SR24201161 |
Property ID | 320890968 |
Lot Sqft | 9,382 |
Zoning | SCSP |
Total Units | 3 |
Days on Market | 100 |
Original List Price | $1,550,000 |
Date Updated | October 19, 2024 |
Date Created | September 25, 2024 |
Financials not available online. Please inquire with your agent for more details.
Robert Haas an agent of Pinnacle Estate Properties, Inc.. Lic #01411713
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 19, 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.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT