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For sale
  • Listed by: MARCUS & MILLICHAP • Douglas McCauley • Contact: 626-695-6776
    $5,750,000

    24833 Railroad Ave, Santa Clarita, CA 91321

    38beds
    36baths
    86,816sqft
    : 
    $39,251/mo
    Get pre-qualified
    Multi Family
    Built in 1923
    -- sqft lot
    $5,218,600 Zestimate®
    $66/sqft
    $-- HOA

    What's special

    ***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
    174 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas McCauley 626-695-6776,

    MARCUS & MILLICHAP,

    David Covarrubias DRE #01941403,

    MARCUS & MILLICHAP

    Source: CRMLS,MLS#: CV26037020MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 38
      • Bathrooms: 36
      Appliances
      • Laundry: None
      Features
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 86,816
      • Total interior livable area: 86,816 sqft

      Property

      Features
      • Entry location: Front
      • Pool features: None
      Lot
      • Size: 1.99 Acres
      • Features: Rectangular Lot
      Details
      • Parcel number: 2855013049
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New construction: No
      • Year built: 1923

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Urban
      • Subdivision: Custom Downtown Newhall (Cdnew)
      Location
      • Region: Santa Clarita

      Financial & listing details

      • Price per square foot: $66/sqft
      • Tax assessed value: $2,652,000
      • Annual tax amount: $45,251
      • Date on market: 2/18/2026
      • Cumulative days on market: 174 days
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        $5,218,600

        $4.96M - $5.48M

        $2,858/mo

        Price history

        DateEventPrice
        2/26/2026Price change$5,750,000-5%$66/sqft
        Source: CRMLS #CV26037020 Report a problem
        2/19/2026Listed for sale$6,050,000+142%$70/sqft
        Source: CRMLS #CV26037020 Report a problem
        6/7/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/1/2023Price change$2,400-4%
        Source: Zillow Rentals Report a problem
        5/17/2023Listed for rent$2,500
        Source: Zillow Rentals Report a problem
        5/25/2022Sold$2,500,000$29/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$45,251 +3.5%$2,652,000 +2%
        2024$43,717 +4%$2,600,000 +2%
        2023$42,026 +1.3%$2,550,000 +24.4%
        2022$41,489 +20.2%$2,049,797 +2%
        2021$34,527 -1.9%$2,009,605 +1%
        2020$35,182 $1,989,000 +389.3%
        2019$35,182 +146.4%$406,517 +2%
        2018$14,276 $398,547 +2%
        2017$14,276 +3.5%$390,734 +2%
        2016$13,796 +4.2%$383,074 +1.5%
        2015$13,234 +6.4%$377,321 +2%
        2014$12,433 $369,931 +11.5%
        2006-- $331,844 +4%
        2004-- $318,960 +1.9%
        2003-- $313,115 +2%
        2002-- $306,977 +4%
        2000-- $295,059
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Newhall

        Getting around

        85 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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