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Mobile Home Park with Apartments

24833 Railroad, Newhall, CA 91321

For Sale
$5,750,000

The all-age community combines mobile home sites with apartments and city water and sewer service.

Property Size86,816 SF
Lot Size1.99 Acres
Price / SF$66.23
Days on Market264

Property Features for 24833 Railroad

General Information

Standard status Active
Size 86,816 SF
Lot size 1.99 Acres
Property subtype Apartment

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x studio/1BA, 2 x 1BR/1BA, 1 x 2BR/1BA, 2 x 3BR/2BA
Multifamily Units 34
Mobile Home Lots 28
Park-Owned Homes 20
Individually Metered Utilities gas, electricity

Additional Details

Cap Rate 7.47%
Tenant in Place Yes

Building Details

Building Size 86,816 SF
Year Built 1923
Listing Agency: MARCUS & MILLICHAP
Listed By: Douglas McCauley · License #(S):CA:01155706
Source: Give2giverealty
Added: Feb 18 Changed: Nov 7 Last Checked: Nov 7 at 4:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARCUS & MILLICHAP

Rey
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Investment Insights

Based on property information with market context.

This 1.99-acre all-age community includes 28 mobile home sites: 8 tenant-owned homes and 20 park-owned homes. The property also has six single-story apartments: one studio with one bathroom, two one-bedroom units with one bathroom each, one two-bedroom unit with one bathroom, and two three-bedroom units with two bathrooms each. Residents pay directly for gas and electricity; water and trash are owner-paid. City water and sewer serve the property. The studio may be non-conforming, subject to buyer verification.

The property is at 24833 Railroad Avenue in Newhall, within the City of Santa Clarita. Interstate 5 and State Route 14 provide regional connections, and the Metrolink station is less than one mile away. Newhall’s Old Town district is one-half mile from the property. The offering reports a current 7.47% cap rate and 7.88% cash-on-cash return.

Key Highlights

  • 28 mobile home sites: 8 tenant‑owned homes and 20 park‑owned homes
  • Six single‑story apartments: one studio, two one‑bedroom, one two‑bedroom, and two three‑bedroom units
  • 1.99‑acre parcel in Newhall, Santa Clarita

Property Analytics

Lease Details

34
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 91321, CA

33,560
Population
11,257
Households
3
Avg Household Size
37
Median Age
31%
College-Educated
84%
High-School Grad
26.7 sq mi
ZIP Area
1,257
Density / Sq Mi
$93,281
Median Household Income
$40,544
Median Earnings
$2,135
Median Rent
$654,300
Median Home Value

Market

Average Price Trend$/SF for Mobile home & RV parks in Los Angeles County, CA

$184 Jul
$186 Aug
$191 Sep
$189 Oct

Properties on Market for Mobile home & RV parks in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - The all-age community combines mobile home sites with apartments and city water and sewer service.
Where is this mobile home & rv park located?
The property is located at 24833 Railroad Newhall, CA.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 28 mobile home sites: 8 tenant‑owned homes and 20 park‑owned homes; Six single‑story apartments: one studio, two one‑bedroom, one two‑bedroom, and two three‑bedroom units; 1.99‑acre parcel in Newhall, Santa Clarita
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