24631 Newhall, CA 91321
- Mixed-use properties
- 750 SF
- 0.44 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 24631
- Lot size
- 0.44 lot acres
- Property size
- 750 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property in Newhall, CA, presents a fantastic investment opportunity. The 750-square-foot end unit sits on a sizable 0.44-acre lot, offering significant potential for various business ventures. Currently leased, the property generates a monthly income of $1,695, with triple net (NNN) charges of $0.37 per square foot. The unit features a convenient small kitchenette, a bathroom, and a lockable closet, providing both functionality and security. Its end-unit location offers enhanced visibility and accessibility. The property's location in Newhall provides easy access to major transportation routes and a thriving local community. The asking price of $1,418,000 represents a compelling investment opportunity given the current rental income and the property's potential for future appreciation. The ease of showing the property facilitates a swift and efficient transaction process. This is a NNN lease. This property is ideal for an investor seeking a stable income stream with significant upside potential. The combination of size, location, and current lease terms makes this a highly attractive offering. Don't miss this chance to acquire a valuable asset in a desirable California market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newhall
- County
- Los Angeles
- State
- California
- Longitude
- -118.534
- Latitude
- 34.3817
