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    24242 Pine St Santa Clarita, CA 91321

    Sponsored
    For Sale
    $779,000

    MULTI_FAMILY - Newhall, CA

    Property size:
    1,346 SF
    Lot size:
    0.07 Acres
    Days on Market:
    19
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 24242 Pine St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    SCSP
    Rooms
    Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2
    Bedrooms
    3
    Bathrooms
    2
    APN
    2831-015-013
    Parking
    6
    Parking features
    Driveway
    Size
    1,346 SF
    Lot size
    0.07 Acres

    Utilities

    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1958
    Floors in Building
    2
    Number of units
    2

    Beverly and Company, Inc. (818) 342-4160 [email protected]

    Listing agent Nathan Paterson (818) 382-4160 License #02053157

    Listing date Dec 18, 2025

    MLS# 25597163 Listing URL

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newhall Duplex with Assumable Loan

    This duplex in Newhall, California, features a downstairs unit with 1 bedroom and 1 bathroom, and an upstairs unit with 2 bedrooms and 1 bathroom. Both units are vacant and ready for immediate leasing or owner occupancy. An assumable loan at 2.75% is available, applicable only if the property is occupied as a primary residence. Upgrades completed in 2021 include 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. New plumbing was installed in 2025, and the roof has a remaining lifespan of over 15 years, contributing to low maintenance. The property, situated on a lot of 0.0716 acres, offers 1346 square feet of living space. The property offers a 6% cap rate with long-term rentals or 8% cap rate through short-term rentals. The property has value-add potential with the ability to add two additional units (1 bedroom/1 bathroom), converting it into a fourplex and potentially boosting the cap rate to over 10%; building plans are available upon request. Located minutes from downtown Newhall and close to public transportation, the property is suitable for investors or homeowners looking to reduce their mortgage by renting out one unit. The property is located in a fast-growing, highly walkable neighborhood. It is ideal for investors, house-hackers, or a 1031 exchange. There are no Mello-Roos assessments and no HOA fees.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clarita
    County
    Los Angeles
    State
    California
    Longitude
    -118.525526
    Latitude
    34.378579

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    FAQs

    What type of property is this?
    Duplex - Upgraded duplex in Newhall with assumable low-interest loan.
    Where is this duplex located?
    The property is located at 24242 Pine St Santa Clarita, CA.
    What is the asking price?
    The asking price for this property is $779,000.
    What are key features of this property?
    This property features: - Assumable Loan at 2.75% significantly reduces financing costs (primary residence occupancy required).; - Value-Add Potential (ADU): Add two additional units (1 bed/1 bath each) to convert to a fourplex and increase cap rate to +10% (plans available).; - High Cap Rate: Offers a 6% cap rate with long-term rentals or 8% with short-term rentals.
    (818) 382-4160
    Request Owner's contact information
    24242 Pine St Santa Clarita, CA 91321
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    Santa Clarita, CA 91321
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24242 Pine St Santa Clarita, CA 91321
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