75
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$2,400,000
Est. payment /mo
8,807 Sqft Lot
Price Dropped by $100K
5237 Topanga Canyon Woodland Hills, CA 91364
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UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26113497
HOA Y/N No
Year Built 1963
Lot Size 8,807 Sqft
Property Sub-Type Special Purpose
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. 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.
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.
Location
State CA
County Los Angeles
Area Whll - Woodland Hills
Interior
Fireplace No
Laundry Inside, Laundry Room
Building
Lot Description 26-30 Units/Acre
Story 2
Water Public
Others
Tax ID 2169015032
Special Listing Condition Standard
Listed by Balbir Arora Arora Realty 818-235-7713, DRE #01764077
NEARBY SCHOOL & BUSINESS
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