CA > Newhall
Newhall, CA 91321,24242 Pine St
Newhall, CA 91321,24242 Pine St,Video Tour
Newhall, CA 91321,24242 Pine St
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$749,900
Est. payment /mo
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3 Beds
2 Baths
1,346 SqFt
Active

24242 Pine St Newhall, CA 91321

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Nikki Bonifatto

Nikki Bonifatto

Simply Vegas

+1(702) 467-7343

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,346 sqft

Price per Sqft $557

MLS Listing ID 25521501

Bedrooms 3

Construction Status Updated/Remodeled

Year Built 1958

Lot Size 3,121 Sqft

Acres 0.0716

Property Sub-Type Multi-Family

Property Description

Excellent investment opportunity with the flexibility to live in one unit while renting out the other. Minutes from the center of downtown Newhall and close to public transportation. The upper unit features 2 bedrooms and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom. The lower unit can be delivered vacant, offering the flexibility for either long-term rental or short-term use such as Airbnb. Both units have been upgraded with two ductless heating and air-conditioning systems, stainless steel appliances, wide-plank laminate flooring, elegant white cabinetry, and modern finishes. Each unit also includes two dedicated parking spaces. This duplex offers a 7% cap rate with long-term rentals or the potential for immediate cash flow through short-term rentals. This property presents strong value-add potential with the ability to add two more units, converting it into a fourplex and boosting the cap rate to 12% (building plans available upon request). Conveniently located near shopping, schools, restaurants, and the redeveloping downtown Newhall, this property is packed with potential. Whether you're an investor looking to lease or a homeowners interested in reducing their mortgage by renting out one unit, this duplex is a must-see!

Location

State CA

County Los Angeles

Area Downtown Newhall

Zoning SCSP

Rooms

Other Rooms None

Interior

Heating Other

Cooling Wall Unit(s)

Equipment Refrigerator, Range/Oven, Stackable W/D Hookup

Laundry Laundry Closet Stacked, In Kitchen

Exterior

Parking Features Driveway

Garage Spaces 4.0

Building

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Beverly and Company, Inc.
agent
Nikki Bonifatto

Agent | RE. S.0175996

+1(702) 467-7343 | nbonifatto@gmail.com

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24242 Pine St