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24522 Chestnut St Newhall, CA 91321

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For Sale
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Well-maintained eight-unit apartment building in a vibrant, walkable location.

Lot size:
0.28 Acres

Property Features for 24522 Chestnut St

General Information

Standard status
Active
Zoning
Assessor
Lot size
0.28 Acres

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Listing Contact
Chris Habitz
Source: Crexi

Listing Agency: Howard Realty Group Listing Agent: Chris Habitz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Newhall Multifamily Investment Opportunity

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.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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City
Newhall
County
Santa Clara
State
California
Longitude
-121.9201136
Latitude
37.349086

FAQs

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 St Newhall, CA.
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.
More about this property
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