5237 Topanga Canyon, Woodland Hills, CA 91364

$2,250,000

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List Price
$2,250,000
Price Change
▼ $150,000 1784908532
Status
ACTIVE
MLS#
SR26113497
Year Built
1963
Lot Size
8,808
Acres
0.20
Lot Location
26-30 Units/Acre
Days on Market
57
Property Type
Commercial
Property Sub Type
Special Purpose

Property Description

Exceptional South-of-the-Boulevard investment opportunity in Woodland Hills featuring a rare fully upgraded three-unit (duplex plus ADU)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. Per seller's projections 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. The stated income figures are seller projections only and have not been verified by the brokers. Buyers are advised to independently investigate and verify all financial information, projections, operational data, licensing matters, and potential income through their own due diligence and professional advisors. Brokers and seller make no representation or warranty regarding the accuracy or achievability of any projected income figures.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Balbir Arora (arorarealtybroker@gmail.com) from Listing Office: Arora Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.