$2,250,000
31426 The Old Road N
Castaic, CA 91384
Los Angeles
County
Land
Property Type
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.
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Mortgage Estimate
$11,975/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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