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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 : ResidentialIncome

Price : $2,995,000

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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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1979
    Building Area Total: 8730
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 12093 Lot Size Acres: 0.2776 Lot Size Source: Assessor Lot Size Square Feet: 12,093 Lot Description: Corner Lot,Landscaped,Sprinkler System

  • Listing Price Information

    Listing Price: $2995000
    Original Price: $3500000
    Cash, Cash to New Loan, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: 2831005034 Tax Lot: 24 Tax Block: 11

  • Parking Information

    Parking Total: 8

    Garage Information

    Has Garage: Yes Garage Space: 8

  • Location Information

    Direction: Easy access to the 5 and 14 freeways and close to Metro Rail Lines WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
18742 Vista Del Canon #A, Newhall, CA, 91321 $519,995 3 2 1,176 1,176 SqFt
26824 Circle Of The Oaks, Newhall, CA, 91321 $440,000 2 2 1,254 1,254 SqFt
26834 Avenue Of The Oak.., Newhall, CA, 91321 $448,300 2 2 1,077 1,077 SqFt
26856 Avenue Of The Oaks, Newhall, CA, 91321 $415,000 2 2 1,141 1,141 SqFt
26833 Avenue Of The Oak.., Newhall, CA, 91321 $300,000 2 2 864 864 SqFt
26742 Whispering Leaves.., Newhall, CA, 91321 $340,000 2 2 864 864 SqFt
26831 Avenue Of The Oak.., Newhall, CA, 91321 $348,000 2 1 806 806 SqFt
19157 Avenue Of The Oak.., Newhall, CA, 91321 $299,888 2 1 864 864 SqFt
19208 Avenue Of The Oak.., Newhall, CA, 91321 $339,988 2 1 864 864 SqFt
19156 Avenue Of The Oak.., Newhall, CA, 91321 $342,500 2 1 864 864 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/23/2026 @ 18:12

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

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