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$35,595,000
24842 Newhall Ave, Newhall, CA 91321
0 Beds
0 Baths
n/a sqft

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Sold with 6 additional APNs. Total of 141 units. Properties are close to each other. 10% cash on cash with existing rents, 13% cash on cash with rents at market. Upside in rents. Santa Clarita has no rent control. Priced at $236,170/Unit. 11.4 x gross and 5.3% cap with current rents; 10.3 x gross and 6.2% cap with market rents. Near Westfield Valencia Town Center, Magic Mountain, Hurricane Harbor.
  • Price:
  • $35,595,000
  • Acreage:
  • 4.69
  • Year Built:
  • 1963
  • Listing ID #:
  • 20571038
  • Street Address:
  • 24842 Newhall Ave
  • City:
  • Newhall
  • State:
  • California
  • Postal Code:
  • 91321
  • County:
  • Los Angeles
  • Community:
  • Downtown Newhall
  • Listing Status:
  • Active
  • Number Of Units:
  • 141
  • Stories:
  • 2
  • Total # Of Buildings:
  • 7
  • Year Built:
  • 1963
  • Expenses:
  • 1119535.00
  • Gross Income:
  • 3117252.00
  • Net Operating Income:
  • 1898701.00
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Scur3
  • Lot Square Footage:
  • 204175.00
  • Days On Market:
  • 352
  • Previous Listing Price:
  • 35795000.00
  • Parking Description:
  • Assigned
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Hamid Soroudi of Keller Williams Beverly Hills (: 00708618)
  • CRMLS