24242 Pine Street, Newhall (santa Clarita), CA 91321

• 3 beds
• 1,346 sqft

Property Description

**INCOME PRODUCING DUPLEX DELIVERED VACANT**** Seller willing to offer a rate buy down and/or cover buyers closing costs based on offer price for qualified buyers. This Duplex features 1bed/1bath (downstairs) and 2bed/1bath (upstairs) all delivered vacant and ready to go for immediate leasing or owner-use flexibility. 2.75% ASSUMABLE LOAN available for owner occupants. Both units were upgraded in 2021 with two ductless heating and air-conditioning systems per unit, tankless water heaters, dual-pane windows, stainless steel appliances, wide-plank laminate flooring, and modern finishes. This property offers low maintenance, featuring new plumbing installed in 2025 and a roof with a remaining lifespan of over 15 years. This duplex offers a 6% cap rate with long-term rentals or 8% cap rate through short-term rentals. This property presents strong value-add potential with the ability to add two more units (1bed/1bath), converting it into a fourplex and boosting the cap rate to +10% (building plans available upon request). Minutes from the center of downtown Newhall and close to public transportation. Whether you're an investor or a homeowners interested in reducing their mortgage by renting out one unit, this duplex is a must-see! With no Mello-Roos and no HOA, you ll benefit from low

Listing Status:

Active

Date Added:

September 26, 2025 at 05:00AM

Listing Office:

Beverly and Company, Inc. : 818-382-4160

Listing Agent:

Nathan Paterson : 310-422-1511

MLS ID:

CL25597163

Interior

• Laundry: OtherIn Kitchen

Exterior

• Parking: Other

Location

• County: Los Angeles

Lot

• Zoning: SCSP2831015013

This listing courtesy of Nathan Paterson, Beverly and Company, Inc.