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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Balbir Arora, DRE #01764077 • Arora Realty

$ 2,500,000

Est. payment | -/mo

8 Beds

7 Baths

4,145 SqFt

Save

$ 2,500,000

Est. payment | -/mo

Save

8 Beds

7 Baths

4,145 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,145 sqft

Price per Sqft $603

MLS Listing ID CRSR26113442

Bedrooms 8

Full Baths 7

Year Built 1963

Lot Size 8,808 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Exceptional South-of-the-Boulevard investment opportunity in Woodland Hills featuring a rare fully upgraded three-unit property configured and furnished for operation of a 14-bed detox rehabilitation facility. The seller has obtained licensing approvals for the facility which is already in operation. Projected net income from the 12-14-bed operation, after payment of operating expenses, is estimated at approximately $85,000-145,000 per month. An excellent opportunity for investors seeking healthcare-related real estate with strong income potential. The property may be purchased with or without the business operation. For investors seeking passive ownership, the seller is willing to lease back the property under a long-term lease consisting of an initial 3-5 year term with two renewal options at a starting rent of $18,000 per month plus annual increases. Situated on a spacious corner lot near Ventura Blvd., The Village, and Warner Center, the property consists of three separately configured units with multiple private entrances and outdoor areas, ideally suited for detox, recovery, transitional housing, or other treatment-related operations subject to buyer verification. All three units have been upgraded and fully furnished for facility use.

Location

State CA

County Los Angeles

Area Whll - Woodland Hills

Rooms

Kitchen Oven Range - Gas

Interior

Cooling Central AC

Fireplaces Type Living Room

Laundry Other

Exterior

Garage Spaces 3.0

Pool None

View Local/Neighborhood

Building

Water District - Public

Others

Tax ID 2169015032

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

5237 Topanga CYN Woodland Hills, CA 91364