Newhall
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$3,250,000

24522 Chestnut St

Newhall, CA 91321

0Beds
1Baths
Sq Ft
1979Built

Quick Facts

Property TypeSingle Family
Stories2
Lot Size12,092 sqft
Year Built1979
MLS #1892378427

About This Home

We are pleased to present the opportunity to acquire 24522 Chestnut St., a prime multifamily investment opportunity located in the heart of Newhall, just steps from Santa Clarita's 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 in 1979 and features spacious two-bedroom, one-bathroom units averaging approximately 1,091 square feet. Each unit offers a comfortable living space that appeals to long-term tenants seeking proximity to schools, shopping, dining, and entertainment in a central, walkable location. Notably, the property is not subject to the Los Angeles Rent Stabilization Ordinance (RSO) due to its construction date and is instead governed by California's 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.

Transit & Commuter Rail

  • Route 796: Warner Center
    Express to LA · Peak hours~55 min to Warner Center
    Express bus to Warner Center via I-5 and 101 - alternative route for Woodland Hills commuters
    2 min
  • Route 797: Century City
    Express to LA · Peak hours~75 min to Century City
    Express bus to Century City via I-5 and 405 - alternative route for Westside commuters
    2 min
  • Route 799: Los Angeles
    Express to LA · Peak hours~60 min to Downtown LA
    Express bus to Downtown Los Angeles via I-5 - direct service to LA business district
    2 min
  • Route 4: Bouquet Cyn/Newhall Metrolink
    Local · Every 20-30 min🚆 Metrolink
    Bouquet Canyon corridor to Newhall Metrolink station for commuter rail connections to LA
    2 min
  • Route 5: Stevenson Ranch/Vasquez Cyn
    Local · Every 30-45 min
    Serves Stevenson Ranch and Vasquez Canyon with connections to Valencia Town Center
    2 min
  • Route 6: Stevenson Ranch/Shadow Pines
    Local · Every 30-45 min
    Stevenson Ranch to Shadow Pines via Westridge and The Paseos
    2 min
  • Route 14: Plum Cyn/Newhall Metro
    Local · Every 30-45 min🚆 Metrolink
    Plum Canyon to Newhall Metrolink with service to Valencia Town Center
    2 min
  • Route 641: Placerita/Hart
    School
    School bus service to Placerita Junior High and Hart High School
    2 min
View schedules & live tracking

Transit data provided by Santa Clarita Transit. Schedules and routes subject to change. Verify at santaclaritatransit.com.

Interactive Mortgage Calculator

Estimated Monthly Payment
$0
30-year fixed mortgage
20%($0)
6.875%
Loan Amount$0
Total Interest Paid$0
Total Cost$0
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