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Berkshire Hathaway HomeServices California Properties
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  • 24833 Railroad

24833 Railroad, Newhall, CA 91321

$5,750,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Listing Agent


Douglas McCauley | doug.mccauley@marcusmillichap.com
Broker: Courtesy of MARCUS & MILLICHAP
Phone: 909-456-3493

Co Listing Agent


David Covarrubias | david.covarrubias@marcusmillichap.com
Lic#: 01941403
Broker: Courtesy of MARCUS & MILLICHAP

Listing Details

Property type: Apartment (Multi-Family)
Property Sub-Type:
Status: Active
Listing ID: CV26037020
List price is $5,750,000 Reduced by $300,000 on 2/26/2026
Price: $5,750,000
Rental Rate: $5,750,000
Lot Size:
HOA Fee is $0.00
Built in 1923
1.99 acres
Subdivision: Custom Downtown Newhall (CDNEW)
County: Los Angeles
Lot description: Rectangular Lot

Last Updated: 7/27/2026

 Days On Market (DOM): 166

 Find more Newhall properties

 Find more properties in 91321 zip code

 Find more homes in the Custom Downtown Newhall (CDNEW) subdivision

Lat/Long: 34.386699, -118.533531.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

***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

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
877.778.8811
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