The rancho was the location of the first popularly known finding of gold in the Southern California area in 1842, in Placerita Canyon.[4] Much of the present day city of Santa Clarita lies within the boundary of what was Rancho San Francisco. The adobe headquarters of the rancho, and the site of the gold find(known today as the "Oak of the Golden Dream"), are designated California Historical Landmarks.[1] The rancho included portions of the San Gabriel, Santa Susana, Topatopa, and Sierra Pelona Mountain ranges.