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Listed by: Chris Habitz (818) 314-0300 DRE #01319877 | Howard Realty Group (818) 355-6017
$2,800,000
Monthly Est:$13,937
2 Beds
1 Bath
8,730sqft
24522 Chestnut, Newhall, CA 91321
$2,800,000
$13,937/moEst:
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Apartment
Built in 1979
$-- HOA
12,093 sqft lot
$321/sq.ft
Description
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.
- Houzeo last checked: 49 minutes ago
- Listing updated: September 15, 2026 at 5:03 pm
- Source: California Regional MLS-CA | MLS#: BB25229225
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1979
HOA Fees
-
Finished Area
8,730 sqft
Lot Size
12,093 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
BB25229225
MLS Status
Active
Days on Market
384
Cumulative Days on Market
335
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Interior
Sewer
Public Sewer
Heating
Forced Air
Utilities & Energy
Laundry Features
Common Area
Pool Features
None
Water Source
Public
Other Features
Community Features
Suburban
Lot Features
Corner Lot, Landscaped, Sprinkler System
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
07/13/2026 Source: | Price Decreased | $2,800,000 -6.51% $321/sqft |
06/15/2026 Source: | Price Decreased | $2,995,000 -4.16% $343/sqft |
05/06/2026 Source: | Price Decreased | $3,125,000 -3.85% $358/sqft |
03/09/2026 Source: | Price Decreased | $3,250,000 -0.76% $372/sqft |
01/13/2026 Source: | Price Decreased | $3,275,000 -6.43% $375/sqft |
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Newhall Ranks #14 in Santa Clarita, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 12:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
