Listed by Poupee Komenkul•DRE #01060862• Rodeo Realty
Contact: 818-482-0085
Pending
$2,250,000
Est. $15,054/mo
Land
•
2.05
acres (lot)
31426 The Old Rd N, Castaic, CA 91384
About this home
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.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Lot size
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Year renovated
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Style
Vacant Land
County
Los Angeles County
APN
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Last updated by owner on Apr 11, 2023.
C-3
General Commercial Zone
Commercial Zones provide for the orderly, well-planned, and balanced growth of commercial districts; support commercial activity to meet the needs of the community, strengthen the County's tax base; and provide appropriate transitions between commercial and residential uses to promote commercial opportunities and preserve residential quality of life.
Permitted uses
Include but are not limited to:
Agriculture-Other
Housing-Other
Infrastructure-Other
Jan 30, 2023 • Final
Road excavation
Install battery backup cabinets for Charter Communications to enhance emergency services and meet runtime requirements.
Battery
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
Castaic is currently a balanced housing market, offering fair ground for both buyers and sellers. The median home sale price sits around $785,000. With properties spending an average of 41 to 53 days on the market, buyers have time to negotiate terms...
This home ranks in the top 3% for direct sun exposure in Castaic. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 31426 The Old Rd N
$2,024,597
$225K under list price of $2.25M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $570K to $935K.