24522 Chestnut, Newhall, CA — listing photo 1
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FOR SALE

24522 Chestnut

Newhall, CA 91321
12,093 Lot Sq Ft
Built 1979
$2,800,000
Price ReducedWas $3,500,000 — $2,800,000 (-$700,000)

Property Overview

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.

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Home Details

Property type
Residential Income - Apartment
Year built
1979
Lot size
12,093 sq ft
Parking
8 spaces
Garage
8 spaces
Stories
2
Days on market
335
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Corner Lot
  • Landscaped
  • Sprinkler System

Community, Schools & Utilities

Utilities

Heating
ForcedAir
Water
Public
Sewer
PublicSewer

Location & Neighborhood

24522 Chestnut

Newhall, CA 91321

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Frequently Asked Questions About 24522 Chestnut

Property type: Residential Income

The current asking price is $2,800,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 24522 Chestnut. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1979. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Newhall, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Newhall property.
The MLS currently reports the property as Active. It has been listed for 335 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Chris Habitz
MLS ID: B36382

Available property

$2,800,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.