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Property profile & analytics
FOR SALE
Auto shops
24343 Railroad Ave Santa Clarita, CA 91321
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8002756
For Sale
1 / 2
$799,999
24343 Railroad Ave, Santa Clarita, CA 91321
View Listing →
Property summary
AI-generated overview
This exceptional retail property, located at 24343 Railroad Ave in Santa Clarita, CA 91321, presents a unique owner-user investment opportunity. The freestanding building boasts 1,080 square feet situated on a desirable 0.07-acre corner lot. Built in 1969, the property is zoned SP and features a convenient 10' x 12' loading door, making it perfectly suited for a variety of retail businesses. The asking price is $799,999, translating to a price per square foot of $740.74. The property's location in Los Angeles County, California, offers excellent visibility and accessibility. Its convenient location and ample space make it an ideal choice for an owner-operator seeking a strategic investment in a thriving Santa Clarita market. The property's APN is 2831-012-019. This is a rare chance to acquire a well-positioned retail space with significant potential for growth and return on investment. Don't miss this opportunity to own a piece of Santa Clarita's vibrant commercial landscape.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1969
Construction
TILT-UP CONCRETE
Total area
1,080 SF
Lot
0.07 ac (2,945 SF)
Zoning code
SCSP
APN
2831-012-019
UPID
US09-8002756
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
Current use
Occupant on record · Public records
-
First Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$664k
Blend (final)
Blend
$685k
Owner & transaction history
Brandon Varon · 4 yrs held
Brandon Varon
since 2022
Last sale
$701,007
7 recorded transactions
Zoning & alternative use
SCSP · Santa Clarita, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$490,000
+11.6%
Retail stores
$445,000
+1.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Santa Clarita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Clarita submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$670,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$440,000
Current use
MEDICAL BUILDING
$490,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$445,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$430,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $701k (Jul 11 2022)
Last sale anchor
$701k
Jul 11 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$634 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,050
Tax year 2024
Assessed value
$715,020
Assessed 2024
Previous assessed
$715,020
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$664,020
Assessed improvement
$51,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,080 SF
Lot
0.07 ac (2,945 SF)
Zoning code
SCSP
APN
2831-012-019
UPID
US09-8002756
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SCSP · Santa Clarita, CA
Zoning SCSP · permitted uses
SCSP · Santa Clarita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Clarita. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$440,000
MEDICAL BUILDING
Est. value
$490,000
RETAIL STORES
Est. value
$445,000
OFFICE BUILDING
Est. value
$430,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Brandon Varon
Individual
Free & Clear · 4 yrs held
Mailing address
24463 WAYMAN ST, NEWHALL, CA 91321-2715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2022
$701,000
Brandon Varon
Crazy Love LLC
Grant Deed
—
Jul 11, 2022
—
Brandon Varon
Genevieve Varon
Intrafamily Transfer
related
$505,000 · Michele Varon
Dec 19, 2019
$548,500
Crazy Love LLC
David Nikoghosyan
Grant Deed
$282,750 · Private Business Capital
Aug 20, 2019
—
David Nikoghosyan
—
Deed
related
$320,000 · Special S J S 2012 Trust (rt)
Oct 20, 2015
—
Tigran Gabrielyan
Miduryan,zarui
Quit Claim Deed
related
—
Oct 20, 2015
$315,000
David Nikoghosyan
24343 Railroad LLC
Grant Deed
$236,250 · Allied Lending
May 8, 2015
—
24343 Railroad LLC
Tas Group Properties LLC
Quit Claim Deed
related
—
Mar 18, 2011
—
Tas Group Properties LLC
Bayer,thomas L & Anita
Grant Deed
—
Dec 5, 2005
$350,000
Thomas L Bayer
Tallent,jay C & Deborah R
Grant Deed
$250,000 · Jay C & Deborah R Tallent
Jul 25, 1997
$70,000
Jay C Tallent
Jones Trust
Grant Deed
$63,000 · Seller
—
—
David Nikoghosyan
—
Deed Of Trust
related
$320,000 · Special S J S 2012 Trust (rt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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