Active

24513 Walnut Street

Newhall CA, 91321

$1,550,000


$655.67 per sqft

Active

2,364 sqft

Commercial

Built in 1954

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

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.

SR24200703

MLS ID

September 27, 2024

Listed

December 5, 2024

Updated

Map

24513 Walnut Street
Newhall CA, 91321

Interior Features

Total Stories

1


Laundry Description

See Remarks


Fireplace

No


Cooling

Yes


Cooling Description

See Remarks


Heating

Yes


Heating Description

See Remarks

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

0-1 Unit/Acre

Other Property Details

Area Name

DNEW - Downtown Newhall


Days on Market

68


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No

Listing Contact: 661-705-3200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 9:36 AM UTC

 

Powered byLuxury Presence