$2,250,000
31426 The Old Road N Castaic, CA 91384
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$2,250,000
Est. payment /mo
2.05 Acres Lot
UPDATED:
11/22/2024 04:57 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24206246
HOA Y/N No
Lot Size 2.053 Acres
Property Description
PRIME Location ZONED COMMERCIAL OVER 2 acres of prime land on Old Road in Castaic. HUGE development opportunity with over 400 ft of CA 5 FREEWAY exposure! Sale consists of 3 APNs totaling 2.06 ACRES. THIS IS THE MOST VISIBLE Commercially ZONED LOT of sale off the 5 Freeway in Castaic with 156,000+ daily traffic count. IN 2008, lot was approved for 113 units Holiday Express & Suites in the year 2008. At that time, over 700K was spent on: Architect & Engineering, Landscape Designer & Interior Design, which all info will be provided to review. This is an Excellent opportunity for the savvy investor who wants to build the name brand Motel or Hotel, Apartment, with Fantastic visibility from 5 FREEWAY. LOCATION! LOCATION! LOCATION! DON'T MISS OUT THIS OPPORTUNITY! The information contained herein obtained from sources deemed reliable but not guaranteed. Buyer to verify square footage and usage of the land, etc.
Location
State CA
County Los Angeles
Area Cjct - Castaic Junction
Interior
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Fence None
Utilities Available None, Water Not Available
Roof Type None
Present Use Investment
Building
Lot Description Irregular Lot, Lot Over 40000 Sqft, Level, No Landscaping, Near Public Transit, Street Level
Water None
Others
Tax ID 2865010029
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Poupee Komenkul • Rodeo Realty • 818-482-0085
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130