26501 Mcbean PkwySanta Clarita, CA 91355

Property Details for 26501 Mcbean Pkwy

Year built

1999

Lot size

3.75 AC

Zone code

SCCR

Property type

Land

Property subtype

Commercial land

APN

2861-062-040

APU

2861062040

Description

This exceptional 3.74-acre site in the heart of Santa Clarita, CA (91355), presents a unique redevelopment opportunity. Located at 26501 McBean Pkwy, this Class A property boasts a prime location adjacent to the Valencia Town Center Mall, Whole Foods, Kohl's, and the Santa Clarita Regional Transportation Center. The property currently has entitlements for a 134-key extended-stay hotel, but the approved Valencia Town Center Specific Plan and EIR allow for significant flexibility. With existing zoning (CR), developers can explore various options, including residential (up to 187+ units with density bonuses), senior housing, student housing, affordable housing, or a mixed-use development. The site's high visibility, walkability, and proximity to amenities make it ideal for a variety of projects. The six-story, 250-unit multifamily building (currently operating as student housing, apartment building, and hotel) offers a strong foundation for redevelopment. The property includes two pads and is situated on a 3.74-acre lot. The asking price is $15,000,000. This is a truly exceptional opportunity to capitalize on the vibrant growth of Valencia and create a landmark development.

• Alternative Use

  Use

  Valuation

  Residential

  $49,593,648

  Hospitality

  $45,427,516

  Educational

  $37,795,160

  Medical

  $39,094,992

  Retail

  $58,792,472

Location Insight

City

Santa Clarita

County

Los Angeles

State

California

Latitude

34.4142

Longitude

-118.561

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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