24522 Chestnut, Newhall, CA 91321
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
24522 Chestnut,Newhall, CA 91321
$3,500,000
- 2 Beds
- 1 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:chris habitz
Office:howard realty group
MLS#:BB25229225
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,500,000
About this home
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.
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Home facts
- Listing ID #:BB25229225
- Added:1 day(s) ago
- Updated:October 17, 2025 at 03:11 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
Heating and cooling
- Heating:Forced Air Unit
Finances and disclosures
- Price:$3,500,000
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