Property Details
About this Property
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.
MLS Listing Information
MLS #
CRBB25229225
MLS Source
California Regional MLS
Days on Site
20
Interior Features
Laundry
Community Facility
Heating
Forced Air
Parking, School, and Other Information
Garage/Parking
Garage: 8 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
24522 Chestnut is a Residential Income in Newhall, CA 91321. This – square foot property sits on a 12,093 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,500,000 and was built in 1979. This address can also be written as 24522 Chestnut, Newhall, CA 91321.
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This listing information is up-to-date as of October 29, 2025. For the most current information, please contact Chris Habitz
