24513 Walnut Street, Newhall CA 91321

$1,550,000

24513 Walnut Street, Newhall, CA 91321

bedrooms

bathrooms

square feet

2,364

Acreage

0.21538108356290175

Open Houses

year built

1954

Full Baths

Half Baths

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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 structure for example up to an approximate 22,350+ SF Mixed use structure (Residential and Business/Office Space) with underground parking OR 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.

Location
Subdivision	Custom Downtown Newhall (CDNEW)
County	Los Angeles
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: SR24201161

Listing agent: Robert Haas #01411713

Listing broker: Pinnacle Estate Properties, Inc. (818) 993-7370

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Last update: Sunday, February 16 2025 at 2:24 p.m. EST

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