24833 Railroad , Newhall, CA 91321
$5,750,000
Est. Payment: $28,933.09/mo
8 Bed
7 Bath
86816 Sqft
Status: active | Days on site: 159
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

***Please Call or Text for an Offering Memorandum*** Pleased to exclusively present the opportunity to acquire Serenity Acres Mobile Home Park located at 24833 Railroad Avenue Santa Clarita, CA. The mobile home park is an all-age community and sits on a 1.99 acre parcel. The property consists of 28 mobile home sites (8 tenant-owned homes and 20 park-owned homes) and 6 single-story apartments consisting of one - studio/one bathroom unit, two - one bedroom/one bathroom units, one - two bedroom/one bathroom unit and two - three bedroom/two bathroom units. This diversified income stream provides a current 7.47% cap rate & 7.88% current cash on cash return. The residents are directly-billed for gas and electricity and the water and trash are paid by the owner. The park is also serviced city water and sewer. The studio apartment may be non-conforming, buyer to verify. Situated in the Newhall submarket of the City of Santa Clarita, the asset benefits from strong regional connectivity via Interstate 5 and State Route 14, providing commuter access to the San Fernando Valley, Los Angeles, and the Antelope Valley. The Metrolink is located less than one-mile from the subject property and further enhances commuter appeal and access to broader employment nodes. Newhall’s “Old Town” district located one-half mile away is a recognized arts and entertainment hub that has experienced ongoing revitalization and reinvestment, supporting long-term neighborhood stability. The Santa Clarita Valley offers an established employment base supported by major regional anchors including Six Flags Magic Mountain, Henry Mayo Newhall Memorial Hospital, College of the Canyons, and Princess Cruises, among others. The area also benefits from growth in higher-wage industry clusters such as aerospace and defense manufacturing, supporting long-term housing demand. Demographically, within a five-mile radius of the property reflects an income-supported renter base, with median household income of near $143,723 and a population of approximately 182,599. Ongoing planning and infill development activity in and around Old Town Newhall, including specific plan initiatives and mixed-use/housing proposals—reinforce the City’s long-term commitment to walkability, Main Street activation, and additional housing delivery, supporting continued demand for affordable housing options within the submarket

Highlights

Listed by Douglas McCauley , 909-456-3493 and David Covarrubias , 626-319-2479 MARCUS & MILLICHAP , 909-456-3400. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
1.99

Year Built

1923

County

Los Angeles

Area

DNEW - Downtown Newhall

Neighborhood

Custom Downtown Newhall (CDNEW)

Listing ID

CV26037020

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:7
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:Rectangular Lot,No Land Lease
Garage Capacity:0
Others:2+ Total Units
Sewer:Public Sewer
Principal Interest
$28,933
Taxes
$3,666

Home Price

$5,750,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$1,150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$28,933.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $28,933.09 $3,665.63 $0.00 $32,598.72
Yearly $347,197.09 $43,987.50 $0.00 $391,184.59
Total $10,415,912.75 $1,319,625.00 $0.00 $11,735,537.75

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Newhall, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T20:35:47.000Z

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