31426 The Old Road N

Castaic, CA 91384
$2,250,000
2.05 acres | #SR24206186
Courtesy of Rodeo Realty

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.

  • Property Details
      • View:Hills, Neighborhood
      • Lot description:LotOver40000Sqft, Level, NoLandscaping, StreetLevel, ValueInLand
      • Acres:2.0532
      • Property type:Purchase
      • Utility source:Public
      • Utility features:None, SewerNotAvailable
      • County:Los Angeles
      • Original List Price:$2, 250, 000
      • MLS #:SR24206186
      • Cost:2250000
      • Property subtype:Land
      • MLS #:SR24206186

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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