5237 Topanga Canyon, Woodland Hills, CA 91364

$2,250,000
8
BD
7
BA
4,145
SqFt

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List Agent Balbir Arora () 818-235-7713 Arora Realty; CoList ()

List Price
$2,250,000
Price Change
▼ $250,000 1784908834
Status
ACTIVE
MLS#
SR26113442
Year Built
1963
Bedrooms
8
Bathrooms
7
Living Sq. Ft
4,145
Lot Size
8,808
Lot Location
26-30 Units/Acre
Days on Market
56
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
Two Levels

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. 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. Although assesors records describe it differently it's actually a duplex with ADU

Additional Information

Appliances
Gas Range
Pool Description
None
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.