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#
SR26113489
Year Built
1963
Lot Size
8,808
Acres
0.20
Lot Location
26-30 Units/Acre
Days on Market
64
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels

Property Description

Exceptional South-of-the-Boulevard investment opportunity in Woodland Hills featuring a rare, fully upgraded three-unit property (duplex plus ADU) professionally configured and furnished for the operation of a 14-bed detox rehabilitation facility. The 12–14-bed licensed facility is currently in operation, offering a true turnkey opportunity for qualified healthcare operators and investors. Based on the seller's historical operating information, the projected net operating income of approximately $85,000 to $145,000 per month after operating expenses. Buyers are advised to independently verify all financial information and projections. This unique offering presents an outstanding opportunity to acquire healthcare-oriented real estate with substantial income potential. The property may be purchased with or without the existing 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- to 5-year term, with two renewal options, at a starting rent of $18,000 per month, plus annual rent increases. Ideally situated on a spacious corner lot just minutes from Ventura Boulevard, The Village at Topanga, and Warner Center, the property consists of three separately configured units, each with private entrances and outdoor areas. The improvements have been thoughtfully upgraded and fully furnished to support detox, recovery, transitional housing, or other behavioral healthcare and treatment-related uses, subject to buyer verification and applicable licensing requirements.

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$3,900,000
Operating Expense
2880000

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.