24242 Pine Street, Newhall, CA 91321 (MLS # 25597163)

Price $799,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,346 sqft
Lot Size 3,119 sqft
Days on Market 52
**INCOME PRODUCING DUPLEX DELIVERED VACANT**** Seller willing to offer a rate buy down and/or cover buyers closing costs based on offer price for qualified buyers. This Duplex features 1bed/1bath (downstairs) and 2bed/1bath (upstairs) all delivered vacant and ready to go for immediate leasing or owner-use flexibility. 2.75% ASSUMABLE LOAN available for owner occupants. Both units were upgraded in 2021 with two ductless heating and air-conditioning systems per unit, tankless water heaters, dual-pane windows, stainless steel appliances, wide-plank laminate flooring, and modern finishes. This property offers low maintenance, featuring new plumbing installed in 2025 and a roof with a remaining lifespan of over 15 years. This duplex offers a 6% cap rate with long-term rentals or 8% cap rate through short-term rentals. This property presents strong value-add potential with the ability to add two more units (1bed/1bath), converting it into a fourplex and boosting the cap rate to +10% (building plans available upon request). Minutes from the center of downtown Newhall and close to public transportation. Whether you're an investor or a homeowners interested in reducing their mortgage by renting out one unit, this duplex is a must-see! With no Mello-Roos and no HOA, you ll benefit from lower carrying costs. Ideal for investors, house-hackers, or a 1031 exchange, this is a great multi-unit in a fast-growing, highly walkable neighborhood.
Property Type(s): Residential Income
Last Updated 9/26/2025 Year Built 1958
Community DNEW - Downtown Newhall County Los Angeles

Additional Details

APPLIANCES Refrigerator, Washer/Dryer Stacked
AREA DNEW - Downtown Newhall
LOT 3119 sq ft
PARKING Driveway
STORIES 2

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Bob Khalsa to contact you even if your name is on a Federal or State "Do not call List".

Listed with Beverly and Company, Inc.

Based on information from CRMLS as of 11/17/25 10:25 AM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. 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.

This IDX solution is (c) Diverse Solutions 2025.

Email a Friend