Apartment for sale in Southern California — $2,800,000. 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 Newhal…
$2,800,000
24522 Chestnut, Newhall, CA 91321
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. Brokers and their agents provide no warranties or representations about the Property's condition, and both Buyer and Seller should rely on their own investigations.
Listing updated: July 13, 2026 at 3:40 PM
Listed by: Chris Habitz, Howard Realty Group
Source: CRMLS, MLS#: BB25229225, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
7/13/2026 Source: CRMLS, #BB25229225 | Price change | $2,800,000-6.5% |
| 10/15/2025Source: CRMLS, #BB25229225 | Listed for sale | $2,995,000 |
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