Newhall Multifamily Investment
For Sale
$2,800,000
24522 Chestnut, Newhall, CA 91321
Well-maintained eight-unit apartment building in a vibrant, walkable location.
Property Size8,730 SF
Price / SF$2,566
Days on Market367
Property Features for 24522 Chestnut
General Information
Standard status
Active
Size
8,730 SF
Property subtype
Apartment
Building Details
Building Size
8,730 SF
Year Built
1979
Listing Agency:
Howard Realty Group
Listed By:
Chris Habitz · License #01319877
(818) 314-0300
Source:
Truthrealty
Added: Oct 15, 2025
Changed: Oct 8
Last Checked: Oct 15 at 7:01AM
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
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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
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Current Use
Location Intelligence
Trade Area within ½ mile
1,570
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
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Market
Vacancy Rate% for Multifamily in West region
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 $2,800,000.
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.
