Millman Team Real Estate

$779,000
3 Bed
2 Bath
1,346 Sqft
0.07 Acre Lot

24242 Pine Street, Newhall, California 91321

  • Residential Income Property Type
  • 1,346 Sqft Square Footage
  • Driveway Cars Garage
  • 1958 Year Built
Property Description

**ASSUMABLE LOAN of 2.75%**** 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 only if occupied as primary residence. 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 (ADU) 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. Click link for 3D Tours. Contact Nate to schedule a showing. ADU plans available upon request.

Basic Details
Residential Income
For Sale
25597163
$779,000
3
2
1,346 Sqft
1958
0.07 Acre
Active
1
Features
: Driveway
: In Kitchen, Stacked
$0
Appliances
: Refrigerator
Address Map
CA
Los Angeles
Santa Clarita
91321
Pine
24242
Street
Newhall off of Pine St.
DNEW - Downtown Newhall
SCSP
Additional Information
$0
$0
$0
$0
$0
1346
: Two
2
2025-09-26
799000
2
https://my.matterport.com/show/?m=TdTyo5EGX2N
Broker/Agent Information
Beverly and Company, Inc.
Nathan Paterson
Listing Information
CLW-C130556
CLW-X82406
Active
2026-01-31T00:48:16Z
CRMLS
: Standard
2025-09-26T00:00:00Z
Agent info
Ray Millman
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