24513 Walnut Street

Newhall, CA 91321
$1,550,000
0.22 acres | #SR24201161
Courtesy of Pinnacle Estate Properties, Inc.

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.

  • Property Details
      • Interior:AllBedroomsDown
      • Stories:1
      • Lot description:ZeroToOneUnitAcre
      • Acres:0.2154
      • Parking spaces:3
      • Property type:Multi-Family
      • Year built:1954
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected, SewerConnected
      • Subdivision:Custom Downtown Newhall (CDNEW)
      • County:Los Angeles
      • Original List Price:$1, 550, 000
      • MLS #:SR24201161
      • Cost:1550000
      • Property subtype:MixedUse
      • MLS #:SR24201161

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00