24513 Walnut ST Active

Newhall,CA 91321

$ 1550000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Custom Downtown Newhall (Cdnew)

MLS Listing ID SR24201161

Year Built 1954

Lot Size 9,382 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Dnew - Downtown Newhall

Zoning SCSP

Interior

Heating See Remarks,Wall Furnace

Cooling See Remarks

Flooring See Remarks

Laundry See Remarks

Exterior

Parking Features Direct Access,Driveway,Garage,Paved

Garage Spaces 3.0

Garage Description 3.0

Fence See Remarks

Pool None

Community Features Street Lights,Suburban

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected

View Y/N Yes

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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