24513 Walnut Street, Newhall, CA 91321

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Property Description

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.


Interior Features

Laundry Information
Location(s) See Remarks
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type See Remarks

Listing Information

Address 24513 Walnut Street
City Newhall
State CA
Zip 91321
County Los Angeles
Listing Agent Robert Haas DRE #01411713
Co-Listing Agent Kimberly Campbell DRE #01457011
Courtesy Of Pinnacle Estate Properties, Inc.
List Price $1,550,000
Status Active
Type Commercial
Subtype Multi Family
Structure Size N/A
Lot Size 9,382
Year Built 1954

Listing information courtesy of: Robert Haas, Kimberly Campbell, Pinnacle Estate Properties, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 2nd, 2024 at 5:47 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.