Well established RCF property for sale. 6 beds license. Over 20 years

Sherman Oaks, CA
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Asking Price:$1,675,000
Gross Revenue:$100
Rent:$7,500/Month
FF&E:$10,000
Established Year:2004
Cash Flow:$100
Inventory:$3,000
EBITDA:$100
Real Estate:$1,675,000
BUSINESS DESCRIPTION

For sale, property with current use as a Residential Care Facility for Elderly located in Sherman Oaks, adjacent to Chandler Estates in Los Angeles County. 6 private bedrooms/6 baths, just under 2,700 sq feet of living space on 7,500 sq feet gated and manicured yard with large detached storage structure and gazebo. Sale price of $1,695,000 includes property and existing RCFE business inventory and furniture making it easy to apply for a new RCFE license. Current facility license is not included in sale. Conveniently located in cul-de-sac surrounded by peaceful neighborhood and near major freeways, hospitals, doctors offices, and shopping. Excellent and rare opportunity to purchase a trophy property in desirable location for investment or as a primary residence.


Proof of funds for down payment and loan pre-approval letter is required. . A separate room for caregivers. Experienced Operators Only, RCFE Administrator license is a must!.


DETAILED INFORMATION
Location
Sherman Oaks, CA
Inventory
Included in asking price
Real Estate
Owned
Building SF
2,700
Lease Expiration
06/06/2028
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
6 private bedrooms and 6 bathrooms
Competition
There is a big demand for reasonably priced RCFE and ALF services
Growth & Expansion
Aging population requires more RCFE and ALF services.
Support & Training
Seller will provide training of daily operation and patients recruitment
Reason for Selling
Retiring
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Alex
Levitan
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Alex Levitan