24513 Walnut Street, Newhall, CA 91321

Local realty services provided by:ERA Excel Realty
#1#2#3
24513 Walnut Street,Newhall, CA 91321
$1,550,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:robert haas661-705-3202
Office:pinnacle estate properties, inc.
MLS#:SR24201161
Source:CAREIL

Price summary

  • Price:$1,550,000

About this home

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 structure for example up to an approximate 22,350+ SF Mixed use structure (Residential and Business/Office Space) with underground parking OR 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

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Home facts

  • Year built:1954
  • Listing Id #:SR24201161
  • Added:318 day(s) ago
  • Updated:February 10, 2025 at 06:06 PM

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1954
  • Lot area:0.22 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,550,000
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