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About the Listing CLW-X83508 - CLW-C129632
Exceptional opportunity to acquire a beautifully renovated Encino estate offering the rare combination of luxury residential real estate and long-term, income-producing investment security. Privately situated on an expansive 23,239 SF lot at the end of a quiet cul-de-sac, this 4-bedroom, 3-bathroom residence encompasses approximately 2,219 SF and features a sparkling swimming pool, solar, two-car garage, and scenic city and mountain views. The property will be secured by a new 15-year NNN lease at closing, providing $21,000 in monthly rental income with 2% annual rent increases and two additional 5-year renewal options. The tenant is responsible for property taxes, insurance, and routine maintenance, with landlord obligations limited to roof and structure. This attractive lease structure provides investors with predictable, growing income and reduced day-to-day management responsibilities. PORTFOLIO SALE ONLY: Offered exclusively as part of a three-property, 24-licensed-bed Southern California real estate portfolio with a combined asking price of $10,125,000 and $810,000 in Year-1 NOI. Additional properties include 3914 Braewood Court, Tarzana, CA 91356, and 17514 & 17516 Raymer Street, Northridge, CA 91325. Contact listing brokers for the Offering Memorandum and additional details.
Listing Highlights for 17856 Cathedral Pl
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Dishwasher, Refrigerator, Dryer, Washer
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Living Room
- Floor: Wood
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 119x190
- Zoning: LARA
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2184029018
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
17856 Cathedral Pl Encino, CA 91316
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