24522 Chestnut, Newhall, CA 91321

• 2 beds |
• 1 bath

Property Description

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.

Listing Status:

Active

Listing Office:

Howard Realty Group : 818-355-6017

Listing Agent:

Chris Habitz : 818-314-0300

MLS ID:

BB25229225

Interior

• Heating: Forced Air Unit

Exterior

• Pool: N/K

Construction

• General: 2 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Assessor2831005034

Financial

• Source: California Regional MLS

This listing courtesy of Chris Habitz, Howard Realty Group