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$1,550,000

Beds
Unknown
sq ft
2,364

24513 Walnut St, Newhall, CA 91321

24513 Walnut St

Newhall, CA 91321

  • 39 days on market
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

Property type

Mixed Use

Lot size

9,382 sq ft

Price per sq ft

$656

Year built

1954

Price History

09/27/2024
CRMLS

CRMLS #SR24201161

Listed
$1,550,000

Schools & Community

Neighborhood: 

Newhall

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Suburban

Status: Active

Tomo last checked: 11/04/2024 at 8:35 PM

Listing updated: 10/19/2024 at 5:55 PM

Listed by: Robert Haas, Pinnacle Estate Properties, Inc. Phone #: (661) 705-3200

MLS: CRMLS #SR24201161

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