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Investment Highlights

  • Prime Development Opportunity
  • Strategic Location
  • Future Development Trends
  • Thriving Community
  • Education and Healthcare Access
  • City Economic Plans

Executive Summary

CBRE is pleased to present Wiley Canyon located at 24924 Hawkbryn Avenue, Newhall, Los Angeles, California in the Santa Clarita Valley submarket, an area known for its robust growth and housing demand.
This unique residential land opportunity features ±31 acres and is zoned MX-N, and will be delivered fully entitled for up to 250 units (any combination of SFR/Townhomes/Duplexes), ±140,000 SF senior living, and ±9,000 SF retail space. The property has enhanced flexibility for potential project customization by accommodating a range of development styles to meet market demands. The current site will be delivered fully entitled, allowing for up to 250 residential units, a senior living/assisted living facility, and retail opportunities.
Conveniently located along Wiley Canyon Rd, the property offers excellent access to major thoroughfares. It is approximately 1 mile from the I-5 Freeway and 0.5 miles from the 14 Freeway, ensuring seamless connectivity to the greater Los Angeles area and facilitating easy commutes for future residents and businesses.
The surrounding area features an array of notable amenities that enhance its appeal to potential residents and businesses. Within close proximity, residents can enjoy attractions such as Six Flags Magic Mountain (5.0 mi) and the Santa Clarita Valley Historical Society Museum (3.0 mi). Upscale dining options include Mastro’s Steakhouse (2.5 mi) and The Bazaar by José Andrés (1.5 mi), both recognized for their exceptional culinary experiences. The property is also near The Grove (7.0 mi), an upscale outdoor shopping destination, and CityWalk at Universal Studios (21.5 mi), which provides a lively mix of shopping and entertainment. For outdoor recreation, Newhall Park (1.0 mi) offers playgrounds, sports fields, and picnic areas, making it an ideal spot for families and community gatherings. Additionally, Griffith Park (3.5 mi) features a vast expanse of hiking trails, the Griffith Observatory, and the Los Angeles Zoo, providing ample opportunities for outdoor activities and family fun. Henry Mayo Newhall Hospital (1.2 mi) serves as a nearby healthcare facility, ensuring that residents have access to quality medical services.
With a growing population and a community that embraces both residential and commercial development, this offering presents a unique opportunity to acquire a well-located development site in a thriving area. This makes it an ideal choice for those looking to capitalize on the potential of Newhall and the surrounding Santa Clarita Valley, where the future holds promising prospects for growth and investment.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Planned Unit Development
  • Single Family Development
Total Lot Size 31.00 AC
Zoning MX-N - Commercial

1 Lot Available

Lot

Lot Size 31.00 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2825-012-007
  • 2825-012-011
Land Assessment
$7,152,441
Improvements Assessment
$32,807
Total Assessment
$7,185,248
  • Listing ID: 40421980

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 24924 Hawkbryn Ave, Santa Clarita, CA 91321

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