24050 Creekside Rd Santa Clarita, CA 91355-1726
Property profile & analytics
24050 Creekside Rd Santa Clarita, CA 91355-1726
- Automotive properties
- 24,270 SF
- 1.59 lot acres
Property ID
US09-9563399
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Green Garden Plumbers / General Contractor
Property Details for 24050 Creekside Rd
- Year built
- 1996
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.59 lot acres
- Property size
- 24,270 SF
- Zone code
- SCCR
- Property type
- Automotive properties
- APN
- 2811-025-091
- APU
- 2811025091
Description
This exceptional investment opportunity presents a fee-simple ownership of a 39,195-square-foot Tesla dealership in Santa Clarita, CA. Built in 2024, the property boasts a brand-new 15-year lease with Tesla Motors, Inc., a globally recognized, investment-grade tenant (S&P: BBB). The lease includes two 5-year renewal options, ensuring long-term stability and income. Annual rent increases of 3% provide inflation protection and consistent NOI growth, currently at $2,082,684. The NNN lease structure minimizes landlord responsibilities, with the tenant covering all operating expenses except management fees. Situated on a 3.21-acre lot with 168 parking spaces, the property enjoys a prime location at the signalized intersection of Magic Mountain Pkwy and McBean Pkwy, benefiting from high daily traffic volume (over 101,000 vehicles). Convenient access to Interstate 5 (181,000 VPD) further enhances its accessibility. The property's strategic placement near River Oaks Shopping Center, a major power center with numerous national retailers, and proximity to Six Flags Magic Mountain and several large apartment complexes, creates a strong synergy and substantial consumer base. The affluent 5-mile trade area boasts over 203,000 residents and 89,000 daytime employees, with an average household income exceeding $155,000. The property is zoned CR - Regional Commercial (APN: 2811-025-087 & 2811-025-014) and is exempt from the Los Angeles City mansion tax. This is a rare opportunity to acquire a high-performing, low-risk investment in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Santa Clarita
- County
- Los Angeles
- State
- California
- Longitude
- -118.556
- Latitude
- 34.419
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$258,410
$16,115,989
$4,284,000
$20,399,989
-
$0.00
$0.00
$0.00
