Address
24842 Newhall Avenue Newhall, CA
Price
$ 35,795,000
Property Attributes
  • ML#20571038
  • TypeIncome
  • CountyLOS ANGELES
  • CityNewhall
  • AreaDowntown Newhall
  • Zip91321
  • Style
  • Price$ 35,795,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.69 Acres
Listing Provided Courtesy Of:
Hamid Soroudi with Keller Williams Beverly Hills
Property Description

Sold with 6 additional APNs. Total of 141 units & 12,614 S.F. Office/Retail. Properties are close to each other. 9.6% cash on cash with existing rents, 12.5% cash on cash with rents at market. Upside in rents. Santa Clarita has no rent control. Priced at $236,170/Unit. 11.5 x gross and 5.3% cap with current rents; 10.4 x gross and 6.2% cap with market rents. Near Westfield Valencia Town Center, Magic Mountain, Hurricane Harbor. Prefer to sell the entire portfolio to one buyer. Seller will consider selling individual properties

Price History
4/14/2020 Listed $36,095,000
5/21/2020 1% - $35,795,000

General Features

Directions Properties are located in Santa Clarita, California. Easy access to 14 and 5 freeways.
Listagentaor Beverly Hills/Greater LA
Listing Agent Hamid Soroudi - BRE#00708618
Listing Agent State License 00708618
MLS Area DNEW - Downtown Newhall
Source System CRMLS
Special Listing Conditions Standard
Total Units 141
Zoning SCUR3

Interior Features

Total Stories 2

Exterior Features

Lot Size Area 204175.0000
Lot Size Source Assessor
Lot Size Square Feet 204175.00
Lot Size Units Square Feet
Number of Buildings 7
Parking Features Assigned
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91321

Price
AVG $9.14M
$35.8M
Visits
AVG 55
22
Year Built
AVG 1967
1963

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