24242 Pine Street

Newhall, CA 91321

  • 3 Bed(s)
  • 0 Bath(s)
  • 1,346 Sqft
  • 3121
    Sqft(Lot)
$749,900

Description

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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49247562

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Property Details

  • Bedroom Information

    • Total Bedrooms : 3

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Refrigerator

  • Building Information

    • Year Built: 1958
    • Building Area Total: 1,346

    Laundry Features

    • In Kitchen,Stacked

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0716
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 3121

  • Listing Price Information

    • Original List Price: 749,900
    • Listing Contract Date: 2025-04-06

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2831015013

  • Garage and Parking

    • Garage Description: Driveway

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: DNEW - Downtown Newhall
    • Directions: Newhall
    • Zoning: SCSP
    • Source Property Type: Residential Income
    • Area: DNEW - Downtown Newhall

    Building and Construction

    • Property Age: 67
    • Property Condition: Updated/Remodeled
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 1346
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/20/2025 @ 16:17

  • MLS: 25521501
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 3 bedrooms which is for sale, it has 1,346 sqft, 3,121 sized lot, and 0 parking. are nearby neighborhoods.