Newhall Multifamily Investment
For Sale
Contact for pricing
24522 Chestnut, Newhall, CA 91321
Well-maintained eight-unit apartment building in a vibrant, walkable location.
Property Size1,091 SF
Price / SF$2,745
Days on Market333
Property Features for 24522 Chestnut
General Information
Standard status
Active
Size
1,091 SF
Property subtype
Multifamily
Listing Agency:
Howard Realty Group
(818) 314-0300
Listed By:
Chris Habitz · License #01319877
Source:
Crexi
Added: Oct 3, 2025
Changed: Jul 6
Last Checked: Aug 30 at 3:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Realty Group
Investment Insights
Based on property information with market context.
This multifamily investment opportunity is located in Newhall, near Santa Clarita's Old Town Newhall District. Constructed in 1979, the well-maintained, eight-unit apartment building features two-bedroom, one-bathroom units averaging approximately 1,091 square feet. The units offer living space that appeals to long-term tenants seeking proximity to schools, shopping, dining, and entertainment in a central, walkable location. The property is governed by California's AB 1482, which allows for more favorable annual rent increases compared to older, rent-controlled assets.
Key Highlights
- Prime location in the heart of Newhall, steps from the rapidly redeveloping Old Town Newhall District.
- Not subject to Los Angeles Rent Stabilization Ordinance (RSO), governed by California's AB 1482, allowing for more favorable annual rent increases.
- Well‑maintained, eight‑unit apartment building constructed in 1979.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 91321, CA
33,560
Population
11,257
Households
3
Avg Household Size
37
Median Age
31%
College-Educated
84%
High-School Grad
26.7 sq mi
ZIP Area
1,257
Density / Sq Mi
$93,281
Median Household Income
$40,544
Median Earnings
$2,135
Median Rent
$654,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained eight-unit apartment building in a vibrant, walkable location.
Where is this apartment building located?
The property is located at 24522 Chestnut Newhall, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Prime location in the heart of Newhall, steps from the rapidly redeveloping Old Town Newhall District.; Not subject to Los Angeles Rent Stabilization Ordinance (RSO), governed by California's AB 1482, allowing for more favorable annual rent increases.; Well‑maintained, eight‑unit apartment building constructed in 1979.
