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Property profile & analytics
OFF-MARKET
Specialty properties

23217 Sierra Hwy Santa Clarita, CA 91321

61,736 SF 4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional development opportunity presents a fully entitled 83-unit (+/-) assisted living facility totaling 61,736 square feet on a 4-acre parcel in Santa Clarita, CA. Located at 23217 Sierra Hwy, 91321, this prime property boasts a proposed mix of studio, one-, and two-bedroom units, including 29 memory care units with a private secured courtyard. The site plan includes excellent on-site amenities. The property is zoned MXC (tenant to verify) and enjoys a scenic setting near hiking trails, offering convenient access to major freeways (SR-14, SR-126, and I-5). Its strategic location near Valencia Town Center, downtown Newhall, Disney Ranch, Six Flags Magic Mountain, golf courses, and numerous parks makes it highly desirable. The asking price is $3,950,000, translating to $63.98 per square foot. The APN is 2827-005-048. This represents a significant opportunity for investors seeking a high-demand senior living development in a thriving Los Angeles County community. The property's fully entitled status streamlines the development process, minimizing potential delays and maximizing return on investment.

Property profile
Verified
Property type Specialty properties
Total area 61,736 SF
Lot 4 ac (174,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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