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    24969 Walnut St

    Newhall, CA 91321
    • $5,800,000
    • STATUS: Active
    • ON SITE: 79 days
    • ID#: 20-571056
    UPDATED: 59 min ago
    $5,800,000
    • 33
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,606
      SQFT
    • $281
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1974
    County:

    School Ratings & Info

    Description

    Upside in rents, no rent control in Santa Clarita. 11.8 x gross and 5.1% cap at closing; 10.8 x gross and 5.7% cap with rents at market. Amenities include wood-style flooring, dishwasher, microwave, A/C, community laundry room, swimming pool, and assigned parking spaces. Near Westfield Valencia Town Center, Magic Mountain, Hurricane Harbor. Seller prefers to sell together with 6-additional nearby properties as a portfolio. Additional properties are in MLS.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-07T17:42:44.853. 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.
    www.randyplaice.com/homes/105131809
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    24969 Walnut St Newhall, CA 91321

    • Price: $5,800,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 20-571056
    33
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    20,606
    SQFT
    $281
    $/SQFT
    1974
    Built
    Neighborhood:
    Downtown Newhall
    County:
    Los Angeles
    Area:
    Downtown Newhall
    Property Description
    Upside in rents, no rent control in Santa Clarita. 11.8 x gross and 5.1% cap at closing; 10.8 x gross and 5.7% cap with rents at market. Amenities include wood-style flooring, dishwasher, microwave, A/C, community laundry room, swimming pool, and assigned parking spaces. Near Westfield Valencia Town Center, Magic Mountain, Hurricane Harbor. Seller prefers to sell together with 6-additional nearby properties as a portfolio. Additional properties are in MLS.
    Exterior Features

    Lot Size Area 23924 Other Structures None Parking Garage Assigned Pool YN No Tennis YN No Total Parking 38

    Interior Features

    Baths Total 24.00 Cooling Other Den No Dining Room No Equipment Other Family Room No Heating Other

    Property Features

    Gross Income 476820 Gross Operating Income 462515 Like Units1 15 Like Units2 9 Net Operating Income 279414.00 Number Of Buildings 1 Number Of Units 24 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 183101 Type Of Units 1/12/2 Zoning Scur3

    Listing provided courtesy of Hamid Soroudi DRE#00708618 of Keller Williams Beverly Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-07T17:42:44.853. 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.
     
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    Valencia CA, 91355