23655 Newhall Ave Santa Clarita, CA 91321-3104

Property Details for 23655 Newhall Ave

Year built

1971

Construction

WOOD

Lot size

0.64 lot acres

Property size

8,115 SF

Zone code

SCMX-C

Property type

Investment properties

Property subtype

Retail residential properties

APN

2827-004-017

APU

2827004017

Description

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.

Location Insight

City

Santa Clarita

County

Los Angeles

State

California

Longitude

-118.514

Latitude

34.3697

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments