Rare investment opportunity in the desirable Braemar neighborhood of Tarzana, offered exclusively as part of a Southern California Behavioral Health Real Estate Portfolio. Situated on an expansive 1.03-acre lot in a private cul-de-sac, this 3,602 SF, 5-bedroom, 4-bathroom residence was extensively remodeled in 20222023 and features a swimming pool, spa,… Read More and golf course views. Currently operating as a licensed 6-bed residential treatment facility, the property will be subject to a new 15-year NNN lease at closing, featuring 2% annual rent increases and two 5-year renewal options. Tenants are responsible for all property taxes, property insurance, maintenance, and repairs. Allocated annual rental income of $252,000, representing an 8.00% cap rate on the property's allocated portfolio value. The complete portfolio includes three properties across Encino, Tarzana, and Northridge, totaling four licensed facilities and 24 beds. Total portfolio asking price: $10,125,000. All properties must be purchased together. Contact listing brokers for the complete Offering Memorandum and additional information. Read Less
Property listed by Moses Commercial, Inc, Shane Moses 972-467-6536
Listing Snapshot
Days Online
3
Last Updated
Property Type
SingleFamilyResidence
Beds
5
Full Baths
4
Square Ft.
3,602
Lot Size
1.03 Acres
Year Built
1974
MLS Number
26101998
Additional Details
Appliances & Equipment
Dishwasher, Microwave, Refrigerator
Building
Built in 1974, Living area: 3602.0, Levels: Two
Cooling
CentralAir
Fireplaces
Electric
Floors
Carpet, Wood
Heating
Central
Interior Features
WalkInClosets
Laundry
InGarage
Lot
1.0264 acres
Parking
DoorMulti, Garage, Paved
Pool
InGround, SolarHeat
Property
GolfCourse
Taxes
Parcel Number: 2180015022, Zoning: LARA
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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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