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- LoopNet Team
2012 W Washington Blvd
Los Angeles, CA 90018
Health Care Property For Sale · 18 Beds
PROPERTY FACTS
About 2012 W Washington Blvd , Los Angeles, CA 90018
Potential to quadruple the income or more. Currently the property is being used as a Board and Care and receiving Government funds for each client in the amount of $ 1,000 each. Currently 14-15 residents using 7 of the bedrooms while the other 3 bedrooms are reserved for the care takers. Transform this building to Nursing or Assisted care to collect up to $ 5,000 per patient or more, depending on the exit route and choice of services rendered. Property is in good condition but needs a little TLC. Property is right besides a Convalescent home which is ideal for referral basis to/fro each other. Currently Board and Care are paying $ 4500 a month rent plus all the NNN fees including the property taxes and all insurance and maintenance separately. Great Investment opportunity. The C 2 zoning gives you the flexibility to transform it into apartments as well as many other options. Great visibility, fenced and gated front lawn. High visibility on Washington Blvd. Big 7500 sq ft approx lot.
PROPERTY TAXES
Parcel Number | 5074-031-006 | Improvements Assessment | $256,568 |
Land Assessment | $669,310 | Total Assessment | $925,878 |
PROPERTY TAXES
zoning
Zoning Code | C2 (Homes (retired, handicap, rest, convalescent, nursing). Can also be used as a multi residential like student housing.) |
C2 (Homes (retired, handicap, rest, convalescent, nursing). Can also be used as a multi residential like student housing.) |
Listing ID: 12239954
Date on Market: 4/12/2018
Last Updated:
Address: 2012 W Washington Blvd, Los Angeles, CA 90018
The Health Care Property at 2012 W Washington Blvd, Los Angeles, CA 90018 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.