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24316 Main St - Hartwell-Downtown Newhall Infill Development 0.85 Acres of Commercial Land Offered at $4,950,000 in Santa Clarita, CA 91321



Executive Summary
24300-24316 Main St. & 24307 Railroad Ave. Santa Clarita, CA 91321. Contiguous multi-parcel assemblage in the heart of Santa Clarita’s walkable downtown corridor. The planned property fronts Main Street with strong visibility and is positioned within the most active retail, dining, and entertainment district in the city.
Previously entitled plans support development of approximately 78 multifamily units with ground-floor retail. Prior entitlement and design work provide a meaningful head start for the project and opportunity, shortening the timeline to construction (*buyer to verify).
The assemblage offers critical mass for efficient multifamily design and maintains the ability to expand with adjacent parcels, creating optionality for future assemblage upside. Located near the Newhall Metrolink Station and surrounded by restaurants, shops, and civic amenities, the Property benefits from strong pedestrian activity and regional connectivity. APNs: 2831-012-022; 023; 024; 025; 026;
The project can be tailored in various ways, including:
-Adjusting unit count and unit mix
-Reducing or reconfiguring retail component
-Positioning as market-rate or workforce housing
Previously entitled plans support development of approximately 78 multifamily units with ground-floor retail. Prior entitlement and design work provide a meaningful head start for the project and opportunity, shortening the timeline to construction (*buyer to verify).
The assemblage offers critical mass for efficient multifamily design and maintains the ability to expand with adjacent parcels, creating optionality for future assemblage upside. Located near the Newhall Metrolink Station and surrounded by restaurants, shops, and civic amenities, the Property benefits from strong pedestrian activity and regional connectivity. APNs: 2831-012-022; 023; 024; 025; 026;
The project can be tailored in various ways, including:
-Adjusting unit count and unit mix
-Reducing or reconfiguring retail component
-Positioning as market-rate or workforce housing
Property Facts
| Price | $4,950,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.85 AC |
| Zoning | UC - UC (Commercial) | ||
| Price | $4,950,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.85 AC |
| Zoning | UC - UC (Commercial) |
1 Lot Available
Lot
| Price | $4,950,000 | Lot Size | 0.85 AC |
| Price Per AC | $5,835,192.93 |
| Price | $4,950,000 |
| Price Per AC | $5,835,192.93 |
| Lot Size | 0.85 AC |
Contiguous multi-parcel assemblage in the heart of Santa Clarita’s walkable downtown corridor. The planned property fronts Main Street with strong visibility and is positioned within the most active retail, dining, and entertainment district.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,196,066 | |
| Land Assessment | $3,186,772 | Total Assessment | $4,382,838 |
Property Taxes
Parcel Numbers
Land Assessment
$3,186,772
Improvements Assessment
$1,196,066
Total Assessment
$4,382,838
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