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24242 Pine St, 
Newhall, CA 91321

$749,900


3

Beds


2

Baths


1,346

Sq Ft


Multi-Family

Active

Listed by

Nathan Paterson

Beverly And Company, Inc.

818-382-4160

Last updated:

April 30, 2025, 02:20 PM

MLS#

25521501

Source:

CA CLAW

About This Home

24242 Pine St

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!

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1958

Price Summary

749,900

$557 per Sq. Ft.

MLS #:

25521501

Last Updated:

April 30, 2025, 02:20 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,346 Sq. Ft.


Structure

Structure

Year Built:

1958


Lot

Lot Size (Sq. Ft):

3,121


Finances & Disclosures

Finances

Price:

$749,900

Price per Sq. Ft:

$557 per Sq. Ft.

Source:CA CLAW
The information being provided by The MLS/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 The MLS/Claw All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.