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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 Type(s):
Residential Income
| Last Updated | 9/27/2024 | Tract | Custom Downtown Newhall (CDNEW) |
|---|---|---|---|
| Year Built | 1954 | Community | Downtown Newhall |
| Garage Spaces | 3.0 | County | Los Angeles |
Additional Details
| AIR | See Remarks |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Downtown Newhall |
| GARAGE | Direct Access, Driveway, Garage, Paved, Yes |
| HEAT | See Remarks, Wall Furnace |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down |
| LOT | 9382 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | Direct Access,Driveway,Garage,Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Custom Downtown Newhall (CDNEW) |
| UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected, Electric: Electricity - On Property |
| VIEW | Yes |
| WATER | Public |
| ZONING | SCSP |
Location
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Listed with Pinnacle Estate Properties, Inc.
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