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… Read More 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. Read Less
Property listed by Arora Realty, Balbir Arora 818-235-7713
Listing Snapshot
Days Online
27
Last Updated
Property Type
SingleFamilyResidence
Beds
8
Full Baths
7
Square Ft.
4,145
Lot Size
0.2 Acres
Year Built
1963
MLS Number
SR26113442
Additional Details
Appliances & Equipment
GasRange
Building
Built in 1963, Living area: 4145.0, Living area units: SquareFeet, 2 stories, Levels: Two, Entry level: 1, Entry location: Front and Back
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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