Homes for sale - 24513 Walnut ST, Newhall, CA 91321

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Sally Baik

Real Broker

sally@sallybaikrealestate.com +1(818) 572-3417

$ 1,550,000

Est. payment | -/mo

9,382 Sqft Lot

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$ 1,550,000

Est. payment | -/mo

Save Virtual Tour Video Tour

9,382 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24200703

HOA Y/N No

Year Built 1954

Lot Size 9,382 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Dnew - Downtown Newhall

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Laundry See Remarks

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 2831005003

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Robert Haas • Pinnacle Estate Properties, Inc. • 661-505-3708

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 572-3417

sally@sallybaikrealestate.com

232 W Olive Ave #20, la Habra, California, 90631, USA

24513 Walnut ST Newhall, CA 91321