REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Jan

Sat

Jan

Sun

Feb

Ruben Rodriguez

ruben@rubenr.com +1(619) 261-9814

$ 3,275,000

Est. payment -/mo

Save

Price Dropped by $225K

24522 Chestnut Newhall, CA 91321

2 Beds

1 Bath

0.28 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25229225

Bedrooms 2

Lot Size 0.278 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to present the opportunity to acquire24522 Chestnut St., a prime multifamily investment opportunity located in the heart ofNewhall, just steps fromSanta Claritas rapidly redeveloping Old Town Newhall District one of the city's most vibrant and in-demand rental markets. This well-maintained, eight-unit apartment building was constructed in1979and featuresspacious two-bedroom, one-bathroom unitsaveraging approximately1,091 square feet. Each unit offers a comfortable living space that appeals to long-term tenants seeking proximity toschools, shopping, dining, and entertainmentin a central, walkable location. Notably, the property isnot subject to the Los Angeles Rent Stabilization Ordinance (RSO)due to its construction date and is instead governed byCalifornias AB 1482, which allows for more favorable annual rent increases compared to older, rent-controlled assets. Brokers and their agents provide no warranties or representations about the Property's condition, and both Buyer and Seller should rely on their own investigations.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Easy access to the 5 and 14 freeways and close to Metro Rail Lines

Interior

Heating Forced Air Unit

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 2831005034

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Listed by Chris Habitz Howard Realty Group

SCHOOLSPROPERTIES

Elementary Schools 14

10

Valencia Valley Elementary School

Public | KG - 6
9

Meadows Elementary School

Public | KG - 6
7

Peachland Avenue Elementary School

Public | KG - 6
7

Newhall Elementary School

Public | KG - 6
7

Dr. J. Michael Mcgrath Elementary School

Public | KG - 6
6

Wiley Canyon Elementary School

Public | KG - 6
6

Old Orchard Elementary School

Public | KG - 6
6

Rio Vista Elementary School

Public | KG - 6
0

Rise & Shine Preschool & Kindergarten

Private | PK - KG
0

Pinecrest-Valencia School

Private | PK - 5
0

Our Lady of Perpetual Help School

Private | KG - 8
0

Town & Country Farm School

Private | PK - KG
0

Mission View Public

Public | KG - 12
0

Alpha-Kidz International

Private | KG - 1

Middle Schools 3

7

Placerita Junior High School

Public | 7 - 8
6

Learning Post High (Alternative)

Public | 7 - 12
0

Sequoia Charter

Public | 7 - 12

High Schools 6

10

Academy of the Canyons

Public | 9 - 12
9

William S. Hart High School

Public | 9 - 12
8

Golden Valley High School

Public | 9 - 12
0

Transitional Learning Center Charter

Public | 9 - 12
0

Bowman (Jereann) High (Continuation)

Public | 9 - 12
0

Hart Regional Occupational Program

Public | 9 - 12

School and business data provided by Attom Data.

Ruben Rodriguez

Real Estate Advisor | License ID: 01337209

+1(619) 261-9814

Ruben Rodriguez

24522 Chestnut Newhall, CA 91321

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

24522 Chestnut