10204 Gerald Ave - Specialty FOR SALE


North Hills, CA 91343
$1,899,900 USD
818-403-0611
10204 Gerald Ave, North Hills, CA for Sale
$1,899,900 USD
Specialty - FOR SALE
1/1
null | Request Cap Rate

10204 Gerald Ave
North Hills, CA 91343


HIGHLIGHTS

  • Licensed RCFE Operating since 2006
  • 6 beds Residential Care Facility for the Elderly | Board and Care
  • 4 bedrooms, 2 bathrooms, 2 additional rooms converted in the garage + 1 bathroom
  • Sale includes income-generating business, furnitures, appliances, whole house interior sprinkler system and security system
  • Stable full occupancy with caregivers committed to stay post-sale
  • Fully functional outdoor kitchen, covered backyard patio

OVERVIEW

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 ensure a smooth transition.

FOR SALE DETAILS

PRICE

$1,899,900 USD

PRICE/SF

$1,038 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2685-016-004

ASK ABOUT THIS PROPERTY

LaDonna GalangCinema Real EstateMore Info
818-403-0611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

LaDonna GalangCinema Real EstateMore Info
818-403-0611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.