CA > Newhall
Newhall, CA 91321,24242 Pine ST
Newhall, CA 91321,24242 Pine ST,Video Tour
Newhall, CA 91321,24242 Pine ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
1
Nov
Sun
2
Nov
Mon
3
Nov
John Herkenrath

John Herkenrath

+1(310) 221-2910
$799,000
Est. payment /mo
3 Beds
2 Baths
1,346 SqFt
Save Virtual Tour

Open House

Sat Nov 01, 11:30am - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,346 sqft

Price per Sqft $593

MLS Listing ID 25597163

Bedrooms 3

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1958

Lot Size 3,118 Sqft

Property Description

**INCOME PRODUCING DUPLEX DELIVERED VACANT**** Seller willing to offer a rate buy down and/or cover buyers closing costs based on offer price for qualified buyers. 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 for owner occupants. 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 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.

Location

State CA

County Los Angeles

Area Dnew - Downtown Newhall

Zoning SCSP

Interior

Fireplace No

Appliance Refrigerator

Laundry In Kitchen, Stacked

Exterior

Parking Features Driveway

Total Parking Spaces 6

Building

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 2831015013

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=TdTyo5EGX2N

Read Less Info
CRMLS – RECore
Listed by Nathan Paterson Beverly and Company, Inc.
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of John Herkenrath, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

24242 Pine ST

QUICK SEARCH CA
VIEW MORE
};