
Newhall, California 91321
This High-Potential Development Asset represents a Prime Investment Opportunity with a List Price of $649,900—positioned well below the $681,407 Fair Market Value by 4%. This valuation provides $31,507 in Instant Equity. Featuring a Good Condition Rating, the property’s true value lies in its R3 Zoning and expansive 7,769 sqft lot, offering significant multi-unit development potential. The detached 16' x 24' electrified structure and proximity to Downtown Newhall enhance rental yields. This is a strategic acquisition for Buy-and-Hold Investors or Developers seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25074 Walnut Subject | $649,900* List Price | 3 | 1 | 1,104 | $617 | - |
A 23065 16th Sold | $745,000 | 3 | 2 | 1,164 | $640 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The home was updated approximately 12 years ago, placing it within the 5-15 year renovation window for a 'Good' rating. While the 1955 structure is aged and the exterior driveway shows significant cracking, the property is functional, move-in ready as a rental, and features a solid foundation with a bonus electrified structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7769, living area = 1104.
The R3 zoning on a generous 7,769 sqft lot provides exceptional opportunities for expansion, multi-unit development, or high-density residential projects in a growing area.
A 16' x 24' detached structure equipped with electricity offers significant versatile space, ideal for a home office, creative studio, or potential ADU conversion.
The three-bedroom configuration is served by only one bathroom, which may be a significant drawback for modern families and could limit the buyer pool.
With the last updates occurring approximately 12 years ago, the home requires cosmetic refreshing and modernization to meet current market expectations and maximize value.
Three-bedroom with one-bathroom home is situated on a spacious lot with R3 zoning near the wonderful and growing downtown Newhall area, offering exceptional potential for expansion or development. This property has a proven track record as a solid rental investment and presents a great opportunity for investors or buyers looking to add value. Featuring a cozy fireplace in the Family Room, two-car garage and a larger front yard and driveway for parking. Spacious backyard is perfect for outdoor entertaining, gardening - includes a detached 16' x 24' structure with electricity, currently used as a flexible bonus space. The home was updated approximately 12 years ago and is ready for a new owner to bring fresh vision and personal touches. The home features a functional and easy-flow floor plan that provides a strong foundation for customization. With its generous lot size and flexible zoning, the possibilities here are abundant—whether you’re looking to renovate, expand, or build.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 1.0 | 3.0 | 6% |
| Square foot | 1,104 | 2,125 | 6% |
| Lot Size | 7,769 | 9,866.5 | 39% |
| Price | $649.9K | $894.5K | 7% |
| Price per sq ft | $589 | $419 | 85% |
| Built year | 1955 | 1979 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 124 | 13% |
Apr 24, 2026
$649,900
Initial Listing
Jan 17, 2014
$295,000
Public Record