$5,750,000
-$300,00024833 Railroad, Newhall CA 91321
Multi-Family (34 Units)
Property type
107 days
On market
$66
Price per sqft
0 cars
Garage
1923
Year built
86,816 sqft
Lot size
Open Houses
Overview
***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...
Listing provided by: Douglas McCauley 909-456-3493, MARCUS & MILLICHAP, David Covarrubias DRE #01941403, MARCUS & MILLICHAP
Listing updated: Mar 4, 2026 at 12:21am.
Last checked: Jun 5, 2026 at 08:00pm
Source: CRMLS #CV26037020
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 1 | 1 | — | $388 | $3,100 | $0 | Unfurnished |
| 20 | 1 | 1 | — | $2,059 | $41,174 | $0 | Unfurnished |
| 1 | 0 | 1 | — | $940 | $940 | $0 | Unfurnished |
| 2 | 1 | 1 | — | $1,614 | $3,228 | $0 | Unfurnished |
| 1 | 2 | 1 | — | $2,214 | $2,214 | $0 | Unfurnished |
| 2 | 3 | 2 | — | $2,750 | $5,500 | $0 | Unfurnished |
# of Buildings: 0
# of Units Total: 34
Separate Electric Meters: 34
Separate Gas Meters: 34
Separate Water Meters: 0
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
8.5x
List Price / Annual Gross Rent
Cap Rate
7.27%
NOI / List Price
Gross Scheduled Income: $673,872
Vacancy Allowance: $20,216
Operating Expense: $239,744
Net Operating Income: $417,805
Annual Operating Expenses
Electric: $7,800
Gardener: $5,069
Fuel: $500
Insurance: $22,537
Licenses: $2,055
Maintenance: $40,000
New Taxes: $81,996
Professional Management: $43,994
Trash: $20,772
Water / Sewer: $13,021
Interior
Laundry: None
Entry Location: Front
Exterior
Property Attached: No
Stories Total: 1
Common Walls: No Common Walls
Lot Features: Rectangular Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 2855013049
Additional Parcels: No
Tax Lot: 89
Subdivision: Custom Downtown Newhall (CDNEW)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 24833 Railroad, Newhall, CA 91321. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$4,600,000
Total Interest
$5,867,046
Total Payment
$10,467,046
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$35,215
per month
Property History for 24833 Railroad
Newhall Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91321.
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