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Property profile & analytics
OFF-MARKET Estimated value $915,000
Investment properties

23655 Newhall Ave Santa Clarita, CA 91321-3104

8,115 SF 0.64 ac lot Built 1971
Individually Owned Absentee Owner Free & Clear
Property ID
US09-6426692
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Andel Engineering Civil Engineer
  • Aliento De Vida c.d.a Church
  • Green Room Music Studios Tutoring Service
  • A La Fiesta Party Rental Party Supply Store Rental Equipment Company
  • St Liz Hospice Nursing Home
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
Jarnail Singh
Jarnail Singh
since 2025
2 recorded transactions
2025
$1.8M
1989
Price N/A
Zoning & alternative use
SCMX-C · Santa Clarita, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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