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$3,275,000
24522 Chestnut, Newhall, CA 91321
2Beds
1Baths
152Days Listed
Listed by Chris Habitz, Howard Realty Group | 818-314-0300
About This Property
We are pleased to present the opportunity to acquire24522 Chestnut St., a prime multifamily investment opportunity located in the heart ofNewhall, just steps fromSanta Claritas 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 in1979and featuresspacious two-bedroom, one-bathroom unitsaveraging approximately1,091 square feet. Each unit offers a comfortable living space that appeals to long-term tenants seeking proximity toschools, shopping, dining, and entertainmentin a central, walkable location. Notably, the property isnot subject to the Los Angeles Rent Stabilization Ordinance (RSO)due to its construction date and is instead governed byCalifornias 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.
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 2
- Bathrooms
- 1
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 152
- Cumulative Days on Market
- 91
- Original Price
- $3,500,000
Location & Neighborhood
What's nearby 24522 Chestnut, Newhall, CA 91321
Nearby Schools
- Newhall Elementary School0.1 mi
elementary
- William S Hart High School0.4 mi
secondary
Parks & Recreation
- 0.3 mi
Transit Access
- 0.3 mi
- Newhall0.3 mi
Train Station
Local Amenities
Coffee & Cafes
- Honu Coffee0.1 mi
Dining
- Dario's Mexican Restaurant0.1 mi
- Egg Plantation0.1 mi
Grocery
- Grocery Outlet0.2 mi
POI data updated 2/15/2026
Newhall Market Snapshot
78
Active Listings
$479K
Median Price
123
Avg Days on Market
Last updated: Jan 13, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$3,275,000