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Maxwell Dukelow

maxwell@maxwelldukelow.com +1(408) 508-3200

Listed by Chris Habitz • Howard Realty Group

$ 3,275,000

Est. payment -/mo

Save

Price Dropped by $225K

24522 Chestnut Newhall, CA 91321

0.28 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRBB25229225

Year Built 1979

Lot Size 0.278 Acres

Source California Regional MLS

Property Description

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Heating Forced Air

Laundry Laundry Area, Community Facility

Exterior

Garage Spaces 8.0

Pool None

Building

Water District - Public

Others

Tax ID 2831005034

Special Listing Condition Not Applicable

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 14

10

Valencia Valley Elementary School

Public | KG - 6
9

Meadows Elementary School

Public | KG - 6
7

Peachland Avenue Elementary School

Public | KG - 6
7

Newhall Elementary School

Public | KG - 6
7

Dr. J. Michael Mcgrath Elementary School

Public | KG - 6
6

Wiley Canyon Elementary School

Public | KG - 6
6

Old Orchard Elementary School

Public | KG - 6
6

Rio Vista Elementary School

Public | KG - 6
0

Rise & Shine Preschool & Kindergarten

Private | PK - KG
0

Pinecrest-Valencia School

Private | PK - 5
0

Our Lady of Perpetual Help School

Private | KG - 8
0

Town & Country Farm School

Private | PK - KG
0

Mission View Public

Public | KG - 12
0

Alpha-Kidz International

Private | KG - 1

Middle Schools 3

7

Placerita Junior High School

Public | 7 - 8
6

Learning Post High (Alternative)

Public | 7 - 12
0

Sequoia Charter

Public | 7 - 12

High Schools 6

10

Academy of the Canyons

Public | 9 - 12
9

William S. Hart High School

Public | 9 - 12
8

Golden Valley High School

Public | 9 - 12
0

Transitional Learning Center Charter

Public | 9 - 12
0

Bowman (Jereann) High (Continuation)

Public | 9 - 12
0

Hart Regional Occupational Program

Public | 9 - 12

School and business data provided by Attom Data.

Maxwell Dukelow

Agent | License ID: 02113278

+1(408) 508-3200

Maxwell Dukelow

24522 Chestnut Newhall, CA 91321

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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24522 Chestnut