Property profile

23655 Newhall Ave Santa Clarita, CA 91321

OFF-MARKET
Investment properties
Property ID
US09-6426692
8,115 SF 0.64 ac lot Built 1971
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional owner-user/investment opportunity presents a 100% fee simple interest in an 8,115-square-foot, multi-tenant retail/office center. The two-story building, constructed in 1971, sits on a roughly 28,089-square-foot lot zoned SCMX-C in Santa Clarita, CA (buyer to verify). The property features five units ranging from 1,200 to 2,025 square feet, currently 77% occupied. Unit E, a 1,890-square-foot space on the second floor, is ideal for owner-occupancy. The efficient unit sizes promote high occupancy and minimize lease-up costs. Located on Newhall Avenue, this property boasts excellent street visibility and high traffic counts. Its prime location is adjacent to Old Town Newhall, The Center at Needham Ranch, Dockweiler 21, and Building Hope, surrounded by residential areas and within minutes of Valencia Town Center amenities. The asking price is $2,300,000. The property includes front and rear parking areas. This presents a strong investment opportunity due to its established tenants, prominent location, and potential for redevelopment. The property's address is 23655 Newhall Ave, Santa Clarita, CA 91321, APN 2827-004-017.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1971
Construction WOOD
Total area 8,115 SF
Lot 0.64 ac (28,089 SF)
Zoning code SCMX-C
APN 2827-004-017
UPID US09-6426692

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Civil Engineer
  • Church
  • Tutoring Service
  • Party Supply Store Rental Equipment Company
  • Nursing Home

Location

23655 Newhall Ave Santa Clarita, CA 91321-3104
Santa Clarita metro Census 920312 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$915k

Owner & transaction history

since 2025
2 recorded transactions
2025
$1.8M
1989
Price N/A

Zoning & alternative use

SCMX-C · Santa Clarita, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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