Active

24522 Chestnut

Newhall, CA 91321
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Bed 0

Bed

Bath 0

Bath

SqFt8,730

Sqft

SqFt12,093

Sqft(Lot)

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 Califo rnia’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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Detail Ic Property Details

Property Type : Residential Income

Price : $3,125,000

AD Id : 67746188

MLS Id : BB25229225

Lot Size : 12,093 Sqft

Living Area Size : 8,730

Year Built : 1979

Garage : 8

County : Los Angeles

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Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Heating Source

    Forced Air Has Heating

  • Building Information

    Year Built: 1979 Building Area Total: 8,730
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2776
  • Lot Size Source: Assessor Lot Size Square Feet: 12093

  • Listing Price Information

    Original List Price: 3,125,000 Listing Contract Date: 2025-10-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2831005034

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: Easy access to the 5 and 14 freeways and close to Metro Rail Lines Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Apartment
  • Building and Construction

    Property Age: 47 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Front Street entrance Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
26856 Avenue Of The Oaks, Newhall, CA, 91321 $439,000 2 2 1,141 1,141 SqFt
19002 Avenue Of The Oaks, Newhall, CA, 91321 $480,000 2 2 1,200 1,200 SqFt
19124 Avenue Of The Oak.., Newhall, CA, 91321 $330,000 2 1 864 864 SqFt
26856 Oak Branch Circle, Newhall, CA, 91321 $437,500 2 2 1,120 1,120 SqFt
19208 Avenue Of The Oak.., Newhall, CA, 91321 $350,000 2 1 864 864 SqFt
19156 Avenue Of The Oak.., Newhall, CA, 91321 $342,500 2 1 864 864 SqFt
26737 Oak Crossing Road.., Newhall, CA, 91321 $365,000 2 1 864 864 SqFt
19324 Flowers Court, Newhall, CA, 91321 $459,000 2 2 1,666 1,666 SqFt
19334 Oak Crossing, Newhall, CA, 91321 $499,000 2 2 1,332 1,332 SqFt
19401 Oak Crossing, Newhall, CA, 91321 $485,000 2 2 1,332 1,332 SqFt

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ByOwner last updated this listing 06/06/2026 @ 01:26

MLS: BB25229225 LISTED BY: Chris Habitz, Howard Realty Group 818-355-6017 SOURCE: CRMLS

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