24513 Walnut ST Active

Newhall,CA 91321

$ 1550000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR24201161

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

Interior

Heating Other,Wall Furnace

Cooling Other

Flooring Other

Exterior

Parking Features Garage,Other

Garage Spaces 3.0

Pool None

View Other

Building

Story One Story

Water District - Public

Others

Special Listing Condition Not Applicable

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