CA > Newhall
Newhall, CA 91321,24242 Pine St
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Newhall, CA 91321,24242 Pine St,Video Tour
Newhall, CA 91321,24242 Pine St
Newhall, CA 91321,24242 Pine St
Newhall, CA 91321,24242 Pine St
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Cherrie And Zach

Cherrie And Zach

+1(661) 312-2536
$ 799,000
Est. payment /mo
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Active

24242 Pine St Newhall, CA 91321

3 Beds

2 Baths

1,346 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,346 sqft

Price per Sqft $593

MLS Listing ID 25597163

Bedrooms 3

Construction Status Updated/Remodeled

Year Built 1958

Lot Size 3,121 Sqft

Acres 0.0716

Property Sub-Type Multi-Family

Property Description

**INCOME PRODUCING DUPLEX DELIVERED VACANT**** Seller willing to offer a rate buy down and/or cover buyers closing costs based on offer price for qualified buyers. This Duplex features 1bed/1bath (downstairs) and 2bed/1bath (upstairs) all delivered vacant and ready to go for immediate leasing or owner-use flexibility. 2.75% ASSUMABLE LOAN available for owner occupants. Both units were upgraded in 2021 with two ductless heating and air-conditioning systems per unit, tankless water heaters, dual-pane windows, stainless steel appliances, wide-plank laminate flooring, and modern finishes. This property offers low maintenance, featuring new plumbing installed in 2025 and a roof with a remaining lifespan of over 15 years. This duplex offers a 6% cap rate with long-term rentals or 8% cap rate through short-term rentals. This property presents strong value-add potential with the ability to add two more units (1bed/1bath), converting it into a fourplex and boosting the cap rate to +10% (building plans available upon request). Minutes from the center of downtown Newhall and close to public transportation. Whether you're an investor or a homeowners interested in reducing their mortgage by renting out one unit, this duplex is a must-see! With no Mello-Roos and no HOA, you ll benefit from lower carrying costs. Ideal for investors, house-hackers, or a 1031 exchange, this is a great multi-unit in a fast-growing, highly walkable neighborhood.

Location

State CA

County Los Angeles

Area Downtown Newhall

Zoning SCSP

Rooms

Other Rooms None

Interior

Heating Other

Cooling Wall Unit(s)

Equipment Refrigerator, Range/Oven, Stackable W/D Hookup

Laundry Laundry Closet Stacked, In Kitchen

Exterior

Parking Features Driveway

Garage Spaces 6.0

Building

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Beverly and Company, Inc.
Cherrie And Zach

Cherrie And Zach

Broker || Owners | License ID: 01904568

+1(661) 312-2536

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24242 Pine St