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Berkshire Hathaway HomeServices California Properties

24522 Chestnut, Newhall, CA 91321

$2,800,000 Approx. USD

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Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Chris Habitz | Chris.habitz@gmail.com
Lic#: 01319877
Broker: Courtesy of Howard Realty Group
Phone: 818-314-0300

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: BB25229225

List price is $2,800,000 Reduced by $195,000 on 7/13/2026

Price: $2,800,000

Rental Rate: $2,800,000

Lot Size:

HOA Fee is $0.00

Built in 1979

2 stories

0.28 acres

County: Los Angeles

Lot description: Corner Lot,Landscaped,Sprinkler System

Heating description: Forced Air

Last Updated: 7/13/2026

Days On Market (DOM): 295

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Lat/Long: 34.381155, -118.532043.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

We are pleased to present the opportunity to acquire 24522 Chestnut St., a prime multifamily investment opportunity located in the heart of Newhall, just steps from Santa Clarita’s rapidly redeveloping Old Town Newhall District — one of the city's most vibrant and in-demand rental markets. This well-maintained, eight-unit apartment building was constructed in 1979 and features spacious two-bedroom, one-bathroom units averaging approximately 1,091 square feet. Each unit offers a comfortable living space that appeals to long-term tenants seeking proximity to schools, shopping, dining, and entertainment in a central, walkable location. Notably, the property is not subject to the Los Angeles Rent Stabilization Ordinance (RSO) due to its construction date and is instead governed by California’s AB 1482, which allows for more favorable annual rent increases compared to older, rent-controlled assets. Brokers and their agents provide no warranties or representations about the Property's condition, and both Buyer and Seller should rely on their own investigations.

Financials

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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