Log In/Sign Up
Your email has been sent.
24838 Newhall Ave
Santa Clarita, CA 91321
Multifamily Property For Sale
·
65 Units
Executive Summary
24838 Newhall Avenue — Santa Clarita (Newhall) — 65 Units | Built 1977
24838 Newhall Avenue is a well-maintained 65-unit community situated on a 94,412 SF lot, comprised of eleven residential buildings totaling 45,908 SF. The property offers an efficient mix of one- and two-bedroom floor plans, appealing to a wide renter base within Newhall, one of Santa Clarita’s most established and centrally connected submarkets.
Residents enjoy a community pool, landscaped courtyards, on-site laundry, and gated parking with supplemental income. Current rents reflect approximately 21% rental upside, supported by RUBS participation and strong local demand. As a 1977 construction, the asset is exempt from the Los Angeles RSO and operates under AB 1482 (5% + CPI), supporting predictable annual rent growth.
With its scale, clean operational profile, and favorable positioning near Newhall’s retail corridors, neighborhood amenities, and expanding residential activity, 24838 Newhall Avenue represents a compelling value-add opportunity within the broader Santa Clarita market.
24838 Newhall Avenue is a well-maintained 65-unit community situated on a 94,412 SF lot, comprised of eleven residential buildings totaling 45,908 SF. The property offers an efficient mix of one- and two-bedroom floor plans, appealing to a wide renter base within Newhall, one of Santa Clarita’s most established and centrally connected submarkets.
Residents enjoy a community pool, landscaped courtyards, on-site laundry, and gated parking with supplemental income. Current rents reflect approximately 21% rental upside, supported by RUBS participation and strong local demand. As a 1977 construction, the asset is exempt from the Los Angeles RSO and operates under AB 1482 (5% + CPI), supporting predictable annual rent growth.
With its scale, clean operational profile, and favorable positioning near Newhall’s retail corridors, neighborhood amenities, and expanding residential activity, 24838 Newhall Avenue represents a compelling value-add opportunity within the broader Santa Clarita market.
Property Facts
| Sale Type | Investment | Lot Size | 2.17 AC |
| No. Units | 65 | Building Size | 45,908 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1977 |
| Apartment Style | Garden | Parking Ratio | 1.08/1,000 SF |
| Building Class | C | ||
| Zoning | SCRM | ||
| Sale Type | Investment |
| No. Units | 65 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.17 AC |
| Building Size | 45,908 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | SCRM |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 29 | - | 650 |
| 2+1 | 36 | - | 900 |
Property Taxes
| Parcel Number | 2855-015-020 | Improvements Assessment | $3,449,161 CAD |
| Land Assessment | $506,239 CAD | Total Assessment | $3,955,400 CAD |
Property Taxes
Parcel Number
2855-015-020
Land Assessment
$506,239 CAD
Improvements Assessment
$3,449,161 CAD
Total Assessment
$3,955,400 CAD
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
