24242 Pine StreetNewhall, CA 91321




Mortgage Calculator
Monthly Payment (Est.)
$3,645This 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.
2 weeks ago | Listing updated with changes from the MLS® | |
3 weeks ago | Listing first seen on site |

Based on information from the The MLS as of 2025-10-17 07:17 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.