24522 Chestnut, Newhall, CA 91321
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
24522 Chestnut,Newhall, CA 91321
$3,500,000
- - Beds
- - Baths
- 8,730 sq. ft.
- Multi-family
- Active
Listed by: chris habitz
Office: howard realty group
MLS#:BB25229225
Source:CRMLS
Price summary
- Price:$3,500,000
- Price per sq. ft.:$400.92
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.
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Home facts
- Year built:1979
- Listing ID #:BB25229225
- Added:47 day(s) ago
- Updated:December 02, 2025 at 02:47 PM
Rooms and interior
- Living area:8,730 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1979
- Building area:8,730 sq. ft.
- Lot area:0.28 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$400.92
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