23540 Cherry Street
Newhall, CA, 91321
(No pictures available yet)
$685,000
MLS: SR26075632
Beds
4
Baths
3
Sq Ft
2,352
Lot
0.17 ac
Year Built
1981
MLS #
SR26075632
Days on Market
14
Listed
Apr 28, 2026
Description
Set in the desirable Happy Valley neighborhood of Newhall, this 4-bedroom, 3-bath two-story home offers 2,352 square feet of living space on a 7,478 square foot lot with a pool and the opportunity to create your perfect home. No HOA and no Mello Roos! The property is mid-repair and will require work to bring out its full potential, but for buyers with vision, the opportunity is substantial. The existing size, traditional two-story layout, and generous lot create a strong foundation for a full transformation, whether the goal is to craft a personalized long-term residence or execute a value-driven renovation in a sought-after neighborhood. There is real potential here to reimagine the interiors, elevate the outdoor spaces, and create a standout home that takes full advantage of the setting. Happy Valley is well regarded for its established feel, residential character, and convenient access to the amenities of Newhall, making this an appealing option for buyers who want to customize a home to their own taste as well as investors seeking a project with meaningful upside in a strong location. Well-situated near shopping, dining, and the historic downtown area of Newhall, along with nearby parks and transportation thoroughfares, while still retaining the quieter, more established atmosphere that has made Happy Valley such a sought-after neighborhood over time. For those willing to put in the work, this is a chance to unlock the full potential of a property with size, setting, and the promise to become something special. Don’t miss out!
Location
Newhall, Los Angeles County, CA 91321
Open on Google Maps ↗Listed by: Stephanie Vitacco · Equity Union
Payment estimate
$5,171
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $68,500 · Loan: $616,500
- Principal & Interest
- $3,901
- Property tax (1.25%)
- $714
- Homeowners insurance
- $300
- Mortgage insurance
- $257
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Newhall home with as little as 3.5% down using an FHA loan — roughly $23,975 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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