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$ 1,899,900
Est. payment /mo
Price Dropped by $600K
10204 Gerald Avenue North Hills, CA 91343
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25172941
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Turn-Key 6-Bed Licensed RCFE + Real Estate Fully Occupied $21K Monthly Gross Seller is motivated facility is operating at full occupancy serious offers encouraged. Ready-to-operate from Day 1. Licensed Residential Care Facility for the Elderly (RCFE) operating since 2006, offered turn-key with business, furnishings, appliances, and operational protocols included. Can also be converted to Congregate Living for higher income potential. Seller has already done all the hard work of setting up a compliant, high-performing facility. This single-story home offers approximately 1,830 sq. ft. of living space on a 6,911 sq. ft. lot in a desirable North Hills neighborhood. The floor plan includes 4 bedrooms and 2 bathrooms plus 2 additional bedrooms and 1 bathroom from a permitted garage conversion, complete with licensed interior fire sprinkler system throughout and laundry area. Property features include a solar power system, full camera monitoring for security, a covered patio, and a dedicated dirty kitchen area for staff use. Facility operates at full occupancy, providing comprehensive care services: meals, medication management, bathing assistance, transportation, and housekeeping. Low operating expenses, strong resident retention, and stable staffing make this a high-value opportunity. Recent updates include kitchen counters, bathroom renovations, and new flooring. Conveniently located near the 118 and 405 freeways, shopping centers, and community services. Sale includes all operational equipment, furniture, and care protocols. Caregivers are willing to stay post-sale to en
Location
State CA
County Los Angeles
Zoning Public Rec
Direction From Devonshire St. Drive towards Granada Hills, Left onto Ruffner Ave, Left onto Tuba St then Tuba St turns right and becomes G
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 2685016004
Listed by LaDonna Galang Cinema Real Estate
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