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$ 1,250,000
Est. payment | /mo
5 Beds
3 Baths
2,364 SqFt
$ 1,250,000
Est. payment | /mo
5 Beds
3 Baths
2,364 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,364 sqft
Price per Sqft $528
MLS Listing ID 25553611
Bedrooms 5
HOA Y/N No
Year Built 1954
Lot Size 9,391 Sqft
Property Description
Prime Investment or Redevelopment Opportunity!This rare gem is a standout in the heart of the highly sought-after Downtown Newhall! Set on a generous 9,390 square foot lot, this property boasts both a charming single-family home and a duplex, offering endless possibilities for savvy investors or those seeking an owner-occupied income-generating opportunity. Located just steps away from trendy restaurants, boutique shopping, top-tier hotels, and state-of-the-art fitness centers, this property offers unbeatable convenience and access. With seamless connections to the 5 & 14 freeways, you'll be perfectly positioned for all that this vibrant area has to offer. Nestled within the Old Town Newhall Corridor Zone and zoned SCSP, this property is primed for maximum return on investment, especially with current rents well below market value. Whether you're looking to live in one unit while collecting rental income from the others or want to capitalize on the area's explosive growth with a pure investment, the potential here is undeniable. The lot spans three addresses 24513, 24515, and 24519 and currently houses three long-term tenants, making this an income-producing opportunity from day one. Don't miss your chance to secure a foothold in one of Newhall's hottest locations.
Location
State CA
County Los Angeles
Area Dnew - Downtown Newhall
Zoning SCSP
Interior
Interior Features Ceiling Fan(s)
Heating None
Fireplace No
Exterior
Parking Features Covered, Driveway, Private
Garage Spaces 4.0
Garage Description 4.0
Attached Garage Yes
Total Parking Spaces 6
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2831005003
Special Listing Condition Standard

Listed by Yair Haimoff • Spectrum Commercial Real Estate, Inc.
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Reyna Perea Lopez
Agent | License ID: 02118739