24242 Pine Street
Newhall (santa Clarita), CA 91321
- 3 beds
- – baths
- 1,346 sqft
- 3,121 sqft lot
- $557 per sqft
- 1958 build
- – on site
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!
Last checked:
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Last updated Apr 8, 2025
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MLS# CL25521501 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1958
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Building Area Units:Square Feet
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Other Equipment:Other
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Building Area Total:1346
Room Dimensions
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Living Area:1346
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Living Area Units:Square Feet
Location
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Directions:Newhall
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Parcel Number:2831015013
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Zoning:SCSP
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Lot Size Area:0.07
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Lot Size Acres:0.07
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Lot Size SqFt:3121
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (310) 422-1511
Beds
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Bedrooms Total:3
The Listing
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Virtual Tour URL Unbranded:https://my.matterport.com/show/?m=TdTyo5EGX2N
Appliances
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Laundry Features:Other
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:4
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/6/25
Apr 6, 2025
|
Listed / Active | BRIDGE | $749,900 | 20.5% (5.3% / YR) |
|
5/19/21
May 19, 2021
|
CRMLS_CA | $622,500 | -11.1% | |
|
4/21/21
Apr 21, 2021
|
CRMLS_CA | $699,900 |
