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24842 NEWHALL Avenue, Newhall, CA 91321

$35,795,000

Number of Units: 141
Type: Multi-Unit Residential
Request Information
Sold with 6 additional APNs. Total of 141 units & 12,614 S.F. Office/Retail. Properties are close to each other. 9.6% cash on cash with existing rents, 12.5% cash on cash with rents at market. Upside in rents. Santa Clarita has no rent control. Priced at $236,170/Unit. 11.5 x gross and 5.3% cap with current rents; 10.4 x gross and 6.2% cap with market rents. Near Westfield Valencia Town Center, Magic Mountain, Hurricane Harbor. Prefer to sell the entire portfolio to one buyer. Seller will consider selling individual properties
Property Features
Location Information
County: Los Angeles
MLS Area: Downtown Newhall
Directions: Properties are located in Santa Clarita, California. Easy access to 14 and 5 freeways.
Interior Features
Total Number of Units: 141
Exterior Features
Parking Description: Assigned
Lot Size in Acres: 4.687
Approximate Size (Sq. Ft.): 0
Lot Size in Sq. Ft.: 204, 175
Zoning: SCUR3
Additional Information
Property Type: RI
Year Built: 1963
APN: 2855015006
Status: Active
Is Aged Restricted: No
HOA Fee: 0
Lot Square Feet Source: Assessor
Listing Agent CA DRE #: 0708618
List Date: 2020-04-10 00:00:00.0


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Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Agent: Hamid Soroudi
Keller Williams Beverly Hills
Based on information from CRISNet MLS as of 2020. 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