24513 Walnut Street

Newhall, CA 91321

$1,550,000
Price
Beds
2,364 Sq. Ft.
$656 / Sq. Ft.
2,364
Sq. Ft.
$656
per Sq. Ft.

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...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.
  1. Listed by Robert Haas • DRE #01411713 • Brokerage DRE #00905345 • Pinnacle Estate Properties, Inc. • 661-505-3708
  2. Listed by Kimberly Campbell • DRE #01457011 • Brokerage DRE #00905345 • Pinnacle Estate Properties, Inc.

Property Details for 24513 Walnut Street

View
See Remarks
Parking Spaces Total
3
Private Pool
No
Cooling Type
See Remarks
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2364
LISTING UPDATED: 10/02/2024 03:46 AM

Property Details for 24513 Walnut Street

StatusActive
MLS #SR24200703
Days on Market57
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1954
Lot Size0.22 AC / 9,382 SF
CountyLos Angeles County

Building Information for 24513 Walnut Street

Stories1Residences-Year Built1954Building Size-Lot Size0.22 AC / 9,382 SF

Property Information for 24513 Walnut Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $66,600
  • Gross Scheduled Income: $66,600
  • Net Operating Income: $47,987
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $18,613
  • New Taxes Expense: $14,073
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,700
  • Trash Expense: $1,040
  • Water Sewer Expense: $1,800
  • Total Expenses: $18,673
Tax / Assessment Info
  • Tax Block: 11
  • Tax Tract Number: 920...
  • Tax Census Tract: 9203.41
  • Tax Lot: 7
Community / Development
Community / Development
  • Accessibility Features: See Remarks
  • Assessments YN: No
  • Assessments: None
  • Community Features: Street Lights, Suburban
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, See Remarks
  • Bedroom Features: All Bedrooms Down
Exterior Features
  • Construction Materials: See Remarks
  • Entry Location: 1
  • Fence: Yes
  • Fence: Other
  • Fencing: See Remarks
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 0-1 Unit/Acre
  • Current Use Comments: Replace existing Multi Family with 3 story office building
  • Land Use: Other
  • Lease Considered: No
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Direct Entrance, Driveway
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access, Driveway, Paved
Property / Structure Info
  • Builders Tract Name: Custom Downtown Newhall
  • Builders Tract Code: Custom Downtown Newhall (CDNEW)
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $5,550
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 24513 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 24513 Walnut Street

Taxable ValueLand$629,691Additions$415,328Total$1,045,019
Tax Record2024$14,466 ($1,205 / month)
Home Facts
Total Finished SqFt2,364 SqFtAbove Grade Finished SqFt2,364 SqFtLot Size9,379 SqFtStyleTriplexYear Built1954ZoningSCSPCountyLOS ANGELESAPN2831-005-003

Schools near 24513 Walnut Street

This home is within Newhall School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Newhall Elementary School
PublicK to 6

Placerita Junior High School
Public7 to 8

William S. Hart High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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24513 Walnut Street is a mixed use property for sale in Newhall, CA 91321. This property was listed for sale on September 25, 2024 by Pinnacle Estate Properties, Inc., it's currently listed at $1,550,000. It has been on the market for a total of 57 days and was last sold on February 17, 2007. This listing's school districts are Newhall School District, William S. Hart Union High School District. Nearby schools include Newhall Elementary School, Placerita Junior High School and William S. Hart High School. 24513 Walnut Street is a 0-bed, 0-bath, 2,364 sqft mixed use property built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pinnacle Estate Properties, Inc., Robert Haas, DRE #01411713; Pinnacle Estate Properties, Inc., Kimberly Campbell, DRE #01457011

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.