$ 3,825,000
-
$3,825,000
Price -
9
Bed -
6
Bath -
4,761
SqFt -
0.69
Acre
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About the Listing CLW-X83508 - CLW-C129632
Unique investment opportunity in Northridge's desirable Sherwood Forest neighborhood, offered exclusively as part of a Southern California Behavioral Health Real Estate Portfolio. This gated 29,936 SF property encompasses two residential facilities located at 17516 and 17514 Raymer Street, totaling approximately 4,761 SF and 12 licensed residential treatment beds. The property features a swimming pool, spa, and spacious grounds. Both facilities 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. Combined allocated monthly rental income is $25,500, totaling $306,000 annually and representing an 8.00% cap rate on the property's allocated portfolio value. The complete portfolio consists of 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.
Listing Highlights for 17516 Raymer St
Interior Details
- Bedrooms: 9
- Bathrooms: 6 Full
- Appliances: Dishwasher, Microwave, Refrigerator
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Vinyl
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 102x290
- Zoning: LARA
- Roof:
- Others: Fire Pit
- Sewer:
- Parking Features: Door-Multi,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2787024009
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
17516 Raymer St Northridge, CA 91325
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