$799,900

24242 Pine St , Newhall, CA 91321

 
Bedrooms:3 beds
Bathrooms:0 baths
(None specified):1,346 sqft
Lot:0.07
Year Built:1958
Listing Status:Active

Listing Agent

Nathan Paterson
http://www.beverlycompany.com
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We cannot obtain a street view for this location. Please See Google Maps for any possible street views and other mapping views.
Loan Amount:
Interest:
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

ASSUMABLE LOAN at 2.75%. Excellent investment opportunity with the flexibility to live in one unit while renting out the other. Minutes from the center of downtown Newhall and close to public transportation. The upper unit features 2 bedrooms and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom. The lower unit can be delivered vacant, offering the flexibility for either long-term rental or short-term use such as Airbnb. Both units have been upgraded with two ductless heating and air-conditioning systems, stainless steel appliances, wide-plank laminate flooring, elegant white cabinetry, and modern finishes. Each unit also includes two dedicated parking spaces. This duplex offers a 7% cap rate with long-term rentals or the potential for immediate cash flow through short-term rentals. This property presents strong value-add potential with the ability to add two more units, converting it into a fourplex and boosting the cap rate to +10% (building plans available upon request). Conveniently located near shopping, schools, restaurants, and the redeveloping downtown Newhall, this property is packed with potential. Whether you're an investor looking to lease or a homeowners interested in reducing their mortgage by renting out one unit, this duplex is a must-see!

Detailed Items

Other Information

24242 Pine St, Newhall, CA, 91321 is a (none specified) listing of 1,346 sqft on a lot of 0.07. This (none specified) listing has 3 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property24242 Pine St, Newhall, CA
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