$779,000

24242 Pine Street, Santa Clarita, CA 91321

  • 3 beds
  • 1,346 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $579/sqft
  • Property List Date Icon Listed 4 months ago

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 fas

Listing Status:
Active
Date Added:
September 26, 2025
Data Last Updated:
February 8, 2026 at 6:06AM
Listing Office:
Beverly and Company, Inc. : 818-382-4160
Listing Agent:
Nathan Paterson : 310-422-1511
MLS ID:
CL25597163
  • Laundry: OtherIn Kitchen
  • Parking: Other
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: SCSP2831015013
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Nathan Paterson , Beverly and Company, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Newhall Elementary School

24607 Walnut St, Newhall, CA, 91321

Grades KG-6

0.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.