ASSUMABLE LOAN at 2.75%. 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 +10% (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!
Property Details
Price:
$799,900
MLS #:
25545529
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
dnewdowntownnewhall
Listed Date:
May 30, 2025
Lot Size:
3,121 sqft / 0.07 acres (approx)
Year Built:
1958
See this Listing
Schools
Interior
Appliances
Refrigerator
Laundry Features
Stackable, In Kitchen
Exterior
Parking Features
Driveway
Parking Spots
6.00
Financial
Map
Community
- Address24242 Pine Street Newhall CA
- NeighborhoodDNEW – Downtown Newhall
- CityNewhall
- CountyLos Angeles
- Zip Code91321
Subdivisions in Newhall
- Apple Park APRK
- Atwood ATWD
- Canyon Gate CYNGA
- Colonial Fernando COLO
- Custom Downtown Newhall CDNEW
- Custom Newhall 1 CNEW1
- Custom Newhall 4 CNEW4
- Custom Placerita Canyon CPLAC
- Friendly Valley FRV
- Happy Valley HPVY
- Hidden Knoll HIDNK
- Hidden Valley HDNV
- Mobile/Modular/Manufactured NEW1 MNEW1
- Montecito MNTO
- Oak Creek OKCR
- Paseo Dorena PSDO
- Peachland Estates PCHE
- Placerita CanyonMaster\’s College Area PLAC
- Rainbow Glen RBGL
- Rancho La Salle RLAS
- Scenic Hills SCHL
- Serena Park Estates SPES
- Sierra Glen SRGL
- The Oaks THEO
- The Vistas VAVI
- Trenton Heights TRENT
- Valle Di Oro VDORO
- Vista Del Canon VDCN
Market Summary
Current real estate data for Residential Income in Newhall as of Oct 21, 2025
2
Residential Income Listed
103
Avg DOM
$849,450
Avg List Price
Property Summary
- 24242 Pine Street Newhall CA is a Residential Income for sale in Newhall, CA, 91321. It is listed for $799,900
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24242 Pine Street
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