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About the Listing BH5345202 - B36382
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.
Listing Highlights for 24522 Chestnut
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
BB25229225
Year Built
1979
Total Square Footage
8,730
Lot/Acreage
0.28
County
Los Angeles
Area
699 - Not Defined
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Landscaped,Sprinkler System,No Land Lease
- Garage Capacity: 8 car
- Parking Spaces: 8
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2831005034
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
24522 Chestnut Newhall, CA 91321
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