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2012 W Washington Blvd
Los Angeles, CA 90018

Health Care Property For Sale · 18 Beds

PROPERTY FACTS

Property Type Health Care
Property Subtype
Skilled Nursing Facility
  • Healthcare Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Rehabilitation Center
Building Class C
Lot Size 0.17 AC
Building Size 4,459 SF
No. Beds 18
No. Stories 2
Year Built 1907
Tenancy Single
Parking Ratio 0.9/1,000 SF

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

PROPERTY TAXES

Parcel Number
5074-031-006
Land Assessment
$669,310
Improvements Assessment
$256,568
Total Assessment
$925,878

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

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