24300 Main Street, Newhall, CA 91321

$4,950,000

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List Agent David Kaufman () 818-464-3212 David Ballin Kaufman; CoList ()

List Price
$4,950,000
Price Change
▼ $2,550,000 1784160885
Status
ACTIVE
MLS#
26827349
Lot Size
36,953
Days on Market
90
Property Type
Land

Property Description

24300-24316 Main St. & 24307 Railroad Ave. Santa Clarita, CA 91321. Contiguous multi-parcel assemblage in the heart of Santa Clarita's walkable downtown corridor. The planned property fronts Main Street with strong visibility and is positioned within the most active retail, dining, and entertainment district in the city. Previously entitled plans support development of approximately 78 multifamily units with ground-floor retail. Prior entitlement and design work provide a meaningful head start for the project and opportunity, shortening the timeline to construction (*buyer to verify). The assemblage offers critical mass for efficient multifamily design and maintains the ability to expand with adjacent parcels, creating optionality for future assemblage upside. Located near the Newhall Metrolink Station and surrounded by restaurants, shops, and civic amenities, the Property benefits from strong pedestrian activity and regional connectivity. APNs: 2831-012-022; 023; 024; 025; 026; The project can be tailored in various ways, including: -Adjusting unit count and unit mix-Reducing or reconfiguring retail component-Positioning as market-rate or workforce housing

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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.