24242 Pine St Newhall, CA 91321
Newhall NeighborhoodEstimated payment $4,838/month
Highlights
- Popular Property
- 3-minute walk to Newhall
- Remodeled Bathroom
- Peachland Avenue Elementary School Rated A-
- Tankless Water Heater
About This Home
**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 fast-growing, highly walkable neighborhood. Click link for 3D Tours. Contact Nate to schedule a showing. ADU plans available upon request.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958 | Remodeled
Lot Details
- 3,121 Sq Ft Lot
Home Design
- Duplex
Interior Spaces
- 1,346 Sq Ft Home
- 2-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Remodeled Bathroom
- 2 Bathrooms
Laundry
- Laundry in Kitchen
- Stacked Washer and Dryer Hookup
Parking
- 6 Parking Spaces
- Driveway
Utilities
- Cooling System Mounted In Outer Wall Opening
- Tankless Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 2831-015-013
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,066 | $673,812 | $349,083 | $324,729 |
| 2024 | $8,678 | $660,601 | $342,239 | $318,362 |
| 2023 | $8,506 | $647,649 | $335,529 | $312,120 |
| 2022 | $8,356 | $634,950 | $328,950 | $306,000 |
| 2021 | $6,077 | $445,698 | $210,235 | $235,463 |
| 2020 | $6,000 | $441,589 | $208,080 | $233,509 |
| 2019 | $5,853 | $432,940 | $204,000 | $228,940 |
| 2018 | $4,203 | $296,733 | $161,604 | $135,129 |
| 2016 | $3,971 | $284,771 | $155,330 | $129,441 |
| 2015 | $3,903 | $280,494 | $152,997 | $127,497 |
| 2014 | $2,236 | $138,887 | $97,101 | $41,786 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2025 12/09/25 | Price Changed | $779,000 | -2.5% | $579 / Sq Ft | |
| 09/26/2025 09/26/25 | For Sale | $799,000 | 0.0% | $594 / Sq Ft | |
| 10/08/2024 10/08/24 | Off Market | $2,299 | -- | -- | |
| 09/16/2024 09/16/24 | Price Changed | $2,299 | -4.2% | $3 / Sq Ft | |
| 09/01/2024 09/01/24 | For Rent | $2,399 | 0.0% | -- | |
| 05/19/2021 05/19/21 | Sold | $622,500 | -11.1% | $462 / Sq Ft | View Prior Sale |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- | |
| 03/09/2021 03/09/21 | For Sale | $699,900 | +65.1% | $520 / Sq Ft | |
| 06/20/2018 06/20/18 | Sold | $424,000 | -5.8% | $315 / Sq Ft | View Prior Sale |
| 05/09/2018 05/09/18 | Pending | -- | -- | -- | |
| 04/27/2018 04/27/18 | For Sale | $449,900 | +25.0% | $334 / Sq Ft | |
| 02/10/2018 02/10/18 | Sold | $360,000 | 0.0% | $267 / Sq Ft | View Prior Sale |
| 12/16/2017 12/16/17 | Pending | -- | -- | -- | |
| 12/14/2017 12/14/17 | For Sale | $360,000 | +30.9% | $267 / Sq Ft | |
| 06/28/2014 06/28/14 | Sold | $275,000 | 0.0% | $204 / Sq Ft | View Prior Sale |
| 02/21/2014 02/21/14 | Pending | -- | -- | -- | |
| 02/12/2014 02/12/14 | For Sale | $275,000 | -- | $204 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Ust National Title Company | |
| Grant Deed | $424,000 | Usa National Title Company | |
| Trustee Deed | $312,500 | Accommodation | |
| Grant Deed | -- | None Available | |
| Trustee Deed | $113,285 | None Available | |
| Interfamily Deed Transfer | -- | Southland Title | |
| Grant Deed | $113,000 | Southland Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $407,900 | New Conventional | |
| Closed | $402,800 | New Conventional | |
| Previous Owner | $107,350 | No Value Available |
Source: The MLS
MLS Number: 25597163
APN: 2831-015-013
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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