$1,249,000
24513 Walnut, Newhall CA 91321
Multi-Family (Triplex)
Property type
143 days
On market
$528
Price per sqft
3 cars
Garage
1954
Year built
9,382 sqft
Lot size
Open Houses
Overview
24513 to 24519 Walnut Street presents a rare infill development opportunity for builders and investors looking to maximize density and long term returns in one of California’s most supply constrained markets. The property is currently improved with a duplex and a detached unit, providing immediate income while positioning a developer to significantly increase value through...
Listing provided by: Kirk Schilling DRE #02000997, Rise Realty
Listing updated: Apr 15, 2026 at 12:23am.
Last checked: Jun 5, 2026 at 06:01pm
Source: CRMLS #OC26004115
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 5 | 3 | 1 | $5,900 | $5,900 | $5,900 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 3
Rent Control: No
Units Leased: 3
Total Actual Rent: $5,900
Tenant Pays: Cable Tv, Electricity, Exterior Maintenance, Gas, Hvac Maintenance, Insurance, Repairs, Roof, Telephone
Financial Snapshot
Gross Rent Multiplier
17.6x
List Price / Annual Gross Rent
Cap Rate
3.99%
NOI / List Price
Gross Scheduled Income: $70,800
Vacancy Allowance: $0
Operating Expense: $20,504
Net Operating Income: $50,296
Annual Operating Expenses
Insurance: $2,754
New Taxes: $14,900
Trash: $1,200
Water / Sewer: $1,650
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom
Cooling: None
Heating: None
Fireplace: None
Laundry: None
Entry Location: Main
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Garage and Parking
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 2831005003
Additional Parcels: No
Tax Lot: 7
Tax Block: 11
Subdivision: Custom Downtown Newhall (CDNEW)
Community
Senior Community: No
Community Features: Storm Drains, Street Lights, Sidewalks, Urban
Nearby Schools
Nearby schools around the 24513 Walnut, Newhall, CA 91321. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$999,200
Total Interest
$1,274,425
Total Payment
$2,273,625
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,767
per month
Property History for 24513 Walnut
Newhall Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91321.
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