24242 Pine Street, Newhall, CA 91321
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24242 Pine Street,Newhall, CA 91321
$799,900
- 3 Beds
- 2 Baths
- 1,346 sq. ft.
- Multi-family
- Active
Listed by:nathan paterson
Office:beverly and company, inc.
MLS#:25545529
Source:CRMLS
Price summary
- Price:$799,900
- Price per sq. ft.:$594.28
About this home
ASSUMABLE LOAN at 2.75%. Excellent investment opportunity with the flexibility to live in one unit while renting out the other. Minutes from the center of downtown Newhall and close to public transportation. The upper unit features 2 bedrooms and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom. The lower unit can be delivered vacant, offering the flexibility for either long-term rental or short-term use such as Airbnb. Both units have been upgraded with two ductless heating and air-conditioning systems, stainless steel appliances, wide-plank laminate flooring, elegant white cabinetry, and modern finishes. Each unit also includes two dedicated parking spaces. This duplex offers a 7% cap rate with long-term rentals or the potential for immediate cash flow through short-term rentals. This property presents strong value-add potential with the ability to add two more units, converting it into a fourplex and boosting the cap rate to +10% (building plans available upon request). Conveniently located near shopping, schools, restaurants, and the redeveloping downtown Newhall, this property is packed with potential. Whether you're an investor looking to lease or a homeowners interested in reducing their mortgage by renting out one unit, this duplex is a must-see!
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Home facts
- Year built:1958
- Listing Id #:25545529
- Added:140 day(s) ago
- Updated:August 25, 2025 at 01:16 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Living area:1,346 sq. ft.
Structure and exterior
- Year built:1958
- Building area:1,346 sq. ft.
- Lot area:0.07 Acres
Finances and disclosures
- Price:$799,900
- Price per sq. ft.:$594.28
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