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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$799,000

Est. payment - /mo

3 Beds

2 Baths

1,346 SqFt

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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

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

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Listed by Nathan Paterson Beverly and Company, Inc.

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24242 Pine ST Newhall, CA 91321