Property is being sold as a development opportunity to capitalize on the highest and best use of the property Fantastic opportunity to build a 35 tall 3 story structure for example up to an approximate 22,350+ SF Mixed use structure (Residential and Business/Office Space) with underground parking OR 14,900+ SF office building in addition to a ground floor gated parking garage in Downtown Newhall convenient to restaurants and freeway access as well as all the other amenities the Newhall downtown district has to offer. NOTE: As part of the Old Town Newhall Corridor Zone, Zoned SCSP this property allows for the maximum usage of the existing lot size with a 0 set back to the rear of the building and as little as only 5 on either side of the structure. This gives the maximum income possible to the owner. Lot includes addresses 24513, 24515 and 24519. Currently a multifamily structure with long term tenants occupy the property generating a reliable source of income while the project is in the planning process.