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Key Details
Sold Price $3,500,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ND22029958
Sold Date 04/26/22
HOA Y/N No
Year Built 1976
Lot Size 2.500 Acres
Property Description
This is a private school property, operated for 43 years as Town & Country Farm School, which was established long before the current development of large estate sized lots and homes took place. The school closed in the spring of 2019, but was operating successfully until that time. The campus consists of several buildings on a 2.5 acre parcel. The total building square footage is calculated by the owners to be 18,000, which is higher than county records indicate, possibly due to county records that are not updated. Neighborhood is predominantly 1/2 acre parcels with large homes. This property is adjacent to a 2.5 acre lot of the same ownership, which will be listed separately and may be purchased with this school property.
This property will require some care, upgrades and repair to make it operable, but when that is done this neighborhood landmark has potential to be the success it once enjoyed. The property reflects its title; truly it is a "farm" school with plenty of space for animals, gardens, recreation for students, spacious classrooms and administrative office, and a large parking lot. There is even an Olympic sized swimming pool! The school had a capacity of 255 students and was licensed by the State Department of Social Services for infant-care, preschool, and school age children. The school with the adjacent lot also being available has wide potential as an expanded private school campus accommodating more students and activities.
School operated with Conditional Use Permit. Buyer should check with City to confirm current status.
The preference of the owners is for the school property to be purchased with the adjacent lot, but the properties may be purchased separately. ***BUYER TO VERIFY ZONING AND DEVELOPMENT PROSPECTS WITH CITY PLANNING AND BUILDING DEPARTMENT***
Location
State CA
County Los Angeles
Area Plac - Placerita Canyon
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Fence Chain Link
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition
Building
Lot Description 2-5 Units/Acre, Horse Property, Lot Over 40000 Sqft, Rectangular Lot, Sprinkler System, Yard
Story 1
Water Public
Others
Tax ID 2833006022
Acceptable Financing Cash, Cash to New Loan, Conventional, Government Loan
Horse Property Yes
Listing Terms Cash, Cash to New Loan, Conventional, Government Loan
Financing Cash
Special Listing Condition Third Party Approval, Standard, Trust
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Bought with Neal Weichel • RE/MAX of Santa Clarita