24833 Railroad, Newhall, CA 91321
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
24833 Railroad,Newhall, CA 91321
$5,750,000
- 3 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: douglas mccauley, david covarrubias
Office: marcus & millichap
MLS#:CV26037020
Source:San Diego MLS via CRMLS
Price summary
- Price:$5,750,000
About this home
***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 7.27% cap rate & 7.66% 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. Newhalls 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 Mou...
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Home facts
- Listing ID #:CV26037020
- Added:51 day(s) ago
- Updated:April 12, 2026 at 02:10 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
Finances and disclosures
- Price:$5,750,000
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