24300 Main Street, Newhall, CA 91321

$4,950,000

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List Price
$4,950,000
Price Change
▼ $2,550,000 1784160885
Status
ACTIVE
MLS#
26827349
Lot Size
36,953
Acres
0.85
Days on Market
89
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

Additional Information

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Attached Structure
Detached

Listing courtesy of Listing Agent: David Kaufman (David@TamarackRES.com) from Listing Office: David Ballin Kaufman.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.