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$1,095,000
5 Beds ⋅ 3 Baths ⋅ 26871431 MLS ⋅ Active Status
We are proud to present 24513, 24515 and 24519 Walnut Street. a fully occupied three unit residential investment located in Old Town Newhall within the City or Santa Clarita. Built in 1954, the property contains approximately 2,364 square feet of improvements on a 9,379-square-foot lot. The unit mix consists of one 1-bedroom/1-bathroom residence with a detached one-car garage and two 2-bedroom/1-bathroom residences with attached one-car garage . Each residence is approximately 788 square feet and provides a separate income stream on one parcel. Current rents total $5,900 per month, or $70,800 annually. Broker-selected potential rents total $6,785 per month, or $81,420 annually, representing approximately 15.0% gross rent upside. At the $1.095,000 offering price, estimated current and pro forma net operating income are $47.203 and $57,823, corresponding to cap rates of 4.31% and 5.28%, respectively. The property is not subject to a local Santa Clarita rent stabilization ordinance. California's statewide AB 1482 rent-cap and just-cause requirements apply. The property also offers additional value-add and long-term site options. lts three garages, rear alley access and OTNSP-COR zoning support independent study of potential garage conversions, detached ADU construction and future redevelopment. Any additional development remains subject to site planning, tenant considerations, utility capacity, applicable law and City review. The combination or occupied income, measurable rent growth, Old Town Newhall access and longer-term site flexibility makes the offering well suited for small-property investors, 1031 exchange buyers and long-term holders.

24513 Walnut Street, Santa Clarita
$694,000
2 Beds ⋅ 2 Baths ⋅ SR26081013 MLS ⋅ Active Status
"SPECIAL LOAN PROGRAM ELIGIBLE! This property qualifies for a unique loan program with NO INCOME LIMITS for buyers, offering up to $7,500 for closing costs, as little as 5% down, and NO PMI! Contact the listing agent for more information." Great opportunity to own a duplex in the heart of Downtown Newhall with two separate addresses: 24047 Arch St and 24047 ½ Arch St. This property features two 1-bedroom, 1-bath units, ideal for an owner-user or investor looking for income potential. One unit is currently tenant-occupied, while the second unit is vacant and has been recently updated with fresh interior paint, new laminate flooring, reglazed bathtub, new stove, smooth ceilings, updated bathroom vanity, new molding, cabinet pulls, lighting, and ceiling fan. The exterior of both units has also been recently painted, giving the property a clean and refreshed look. Located just minutes from the 14 freeway and close proximity to the Laemmle Theatre, Newhall Library, local restaurants, bakeries, and shops—this property offers both convenience and lifestyle. Great opportunity to live in one unit and rent the other, or add to your investment portfolio. more photos coming soon!

24047 Arch, Newhall
$694,000
SR26079376 MLS ⋅ Active Status
"SPECIAL LOAN PROGRAM ELIGIBLE! This property qualifies for a unique loan program with NO INCOME LIMITS for buyers, offering up to $7,500 for closing costs, as little as 5% down, and NO PMI! Contact the listing agent for more information." Great opportunity to own a duplex in the heart of Downtown Newhall with two separate addresses: 24047 Arch St and 24047 ½ Arch St. This property features two 1-bedroom, 1-bath units, ideal for an owner-user or investor looking for income potential. One unit is currently tenant-occupied, while the second unit is vacant and has been recently updated with fresh interior paint, new laminate flooring, reglazed bathtub, new stove, smooth ceilings, updated bathroom vanity, new molding, cabinet pulls, lighting, and ceiling fan. The exterior of both units has also been recently painted, giving the property a clean and refreshed look. Located just minutes from the 14 freeway and close proximity to the Laemmle Theatre, Newhall Library, local restaurants, bakeries, and shops—this property offers both convenience and lifestyle. Great opportunity to live in one unit and rent the other, or add to your investment portfolio.

24047 Arch Street, Newhall

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.