# 24522 Chestnut, Newhall, CA 91321

> **TL;DR:** 2bd/1ba multi-family, $3,125,000 ($358/sqft), built 1979, 8,730 sqft. Est. $13,542/mo. Listed 229 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,125,000 |
| Price/sqft | $358 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 8,730 |
| Year Built | 1979 |
| Lot Size | 12,093 sqft (0.28 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 229 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $13,542 |
| **Total** | **$13,542** |

## Property Highlights

- Built in 1979
- 0.28 acre lot
- 2 stories
- 8 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 24522 Chestnut, Newhall, CA 91321
- **County:** Los Angeles

## Listing Agent

- **Name:** Chris Habitz
- **Brokerage:** Howard Realty Group
- **Phone:** 8183140300
- **Email:** Chris.habitz@gmail.com

## Primary Photo

![24522 Chestnut - Primary Photo](http://lh.rdcpix.com/aca56e8f33e0867830379098600b2cd2l-f2716075414r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/24522-chestnut-newhall-ca-91321-25229225)*

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**MLS#:** BB25229225 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/24522-chestnut-newhall-ca-91321-25229225)

---

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