NOT LISTED FOR SALE

24892 Walnut St Newhall, CA 91321

Newhall Neighborhood

Estimated Value: $1,202,000 - $1,586,126

4 Beds
2 Baths
3,176 Sq Ft
$439/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2018

Last sale price $975,000 $307 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,891 / mo

19 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near park and public transit
  • Bonus Room
  • Placerita Junior High School Rated A
  • Wood Flooring
  • Private Yard

About This Home

As of March 2018

Extremely rare 4plex in Newhall/Santa Clarita. Great Investment Opportunity/ Development Potential Zoned Scur3
This property is gated with private access only, plenty of parking and no rear neighbor. Huge 12K+ sq ft lot! 4 units, 2 buildings each with 2 units (all 2/1 appx 790 sq ft each unit ) and an attached 2 car garage per building. Long term tenants all month to month- huge potential for refurbish and development. Current rents at $1250 but market is $1650-1700 Laundry income as well (currently coin operated units ) Large private gated area behind units with grass, play area. All units 2 bedroom/1 bath. Low operating expenses$ Don't wait on this one! Located within walking distance to schools, shops, train station.

Last Agent to Sell the Property

Mary Jane Spangenberg

Equity Union License #01379389 Listed on: 02/07/2018

Equity Union

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,821

Year Built

  • Built in 1959

Lot Details

  • 12,131 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Fence is in average condition
  • Level Lot
  • Backyard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 16-20 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Auto Driveway Gate

Home Design

  • Quadruplex
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,176 Sq Ft Home
  • Living Room
  • Bonus Room
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available

Additional Features

  • Accessible Parking
  • Property is near park and public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 70
  • Tax Tract Number 5844
  • Assessor Parcel Number 2855013040

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Fuel Expense $120
  • Gardener Expense $1,200
  • Insurance Expense $1,069
  • Maintenance Expense $1,500
  • Trash Expense $756
  • Water Sewer Expense $1,800
  • New Taxes Expense $13,000
  • Operating Expense $19,805
  • Gross Income $3,600
  • Net Operating Income $52,800

Security

  • Card or Code Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,821

Year Built

Built in 1959

Lot Details

0.28 Acres

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: coin operated washer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Card/Code Access
  • Subdivision Name Other: Custom Newhall 1 (CNEW1)
  • Water Sewer Expenses: 1800.00
  • Zoning: SCUR3
  • Property Condition: Fixer
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2855013040
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 306.99
  • Room Type: All Bedrooms Down, Bonus Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition, Chain Link, Privacy
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 756.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Back Yard, Front Yard, Lawn, Level with Street, Lot 10000-19999 Sqft, Near Public Transit, Park Nearby, Sprinklers In Rear, Walkstreet, Yard
  • Lot Size Sq Ft: 12131.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 790 Square Feet
  • Electric Expense: 360.00
  • Fuel Expense: 120.00
  • Gross Income: 3600.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1069.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 3600.00
  • Maintenance Expense: 1500.00
  • Net Operating Income: 52800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 7200.00
  • Other Income Description: coin operated laundry
  • Rent Control: No
  • Total Actual Rent: 4850.00
  • Total Expenses: 19805.00

Tax Info

  • New Taxes Expense: 13000.00
  • Tax Census Tract: 9203.36
  • Tax Lot: 70
  • Tax Rate: 1.20
  • Tax Tract Number: 5844
  • Tax Annual Amount: 7821.40

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Bought by
Current Estimated Value
$1,393,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Outstanding Balance
$1,147,825
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$245,207

Purchase Details

Listed on
Feb 7, 2018
Closed on
May 13, 2018
Sold by
Bought by
Seller's Agent
Mary Jane Spangenberg
Equity Union
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 6, 2018
Sold by
Bought by
Seller's Agent
Mary Jane Spangenberg
Equity Union
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
4.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
1.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.74%

Purchase Details

Closed on
Apr 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.74%

Purchase Details

Closed on
Dec 2, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Ticor Title
-- None Available
$975,000 First American Title Company
-- None Available
-- None Available
-- --
-- First Southwestern Of Califo
-- Fidelity National Title
$375,000 Fidelity National Title
-- Southland Title Corporation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,160,000
Previous Owner $682,500
Previous Owner $600,000
Previous Owner $550,000
Previous Owner $300,000
Previous Owner $135,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/28/2018 03/28/18 Sold $975,000 0.0% $307 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $975,000 -- $307 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,575 $1,109,379 $455,130 $654,249
2024 $15,977 $1,087,627 $446,206 $641,421
2023 $15,265 $1,066,302 $437,457 $628,845
2022 $15,031 $1,045,395 $428,880 $616,515
2021 $14,767 $1,024,898 $420,471 $604,427
2020 $14,596 $1,014,390 $416,160 $598,230
2019 $14,261 $994,500 $408,000 $586,500
2018 $8,018 $486,870 $259,664 $227,206
2016 $7,518 $467,966 $249,582 $218,384
2015 $7,354 $460,938 $245,834 $215,104
2014 $7,234 $451,910 $241,019 $210,891
Source: Public Records

Agents Affiliated with this Home

  • G

    Buyer's Agent in 2018

    General NONMEMBER

    NONMEMBER MRML

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18029316

California Regional Multiple Listing Service (CRMLS)

APN: 2855-013-040

California Los Angeles County Newhall 91321 Newhall

24892 Walnut St, Newhall, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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