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Listed by LaDonna Galang • Cinema Real Estate
$1,899,900
Est. payment /mo
6,914 Sqft Lot
Price Dropped by $600K
10204 Gerald AVE North Hills, CA 91343
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25172941
Year Built 1960
Lot Size 6,914 Sqft
Source California Regional MLS
Property Description
Turn-Key 6-Bed Licensed RCFE + Real Estate - Fully Occupied - $21K Monthly Gross - Seller is motivated - facility is operating at full occupancy - serious offers encouraged. Ready-to-operate from Day 1. Licensed Residential Care Facility for the Elderly (RCFE) operating since 2006, offered turn-key with business, furnishings, appliances, and operational protocols included. Can also be converted to Congregate Living for higher income potential. Seller has already done all the hard work of setting up a compliant, high-performing facility. This single-story home offers approximately 1,830 sq. ft. of living space on a 6,911 sq. ft. lot in a desirable North Hills neighborhood. The floor plan includes 4 bedrooms and 2 bathrooms plus 2 additional bedrooms and 1 bathroom from a permitted garage conversion, complete with licensed interior fire sprinkler system throughout and laundry area. Property features include a solar power system, full camera monitoring for security, a covered patio, and a dedicated dirty kitchen area for staff use. Facility operates at full occupancy, providing comprehensive care services: meals, medication management, bathing assistance, transportation, and housekeeping. Low operating expenses, strong resident retention, and stable staffing make this a high-v
Location
State CA
County Los Angeles
Area Noh - North Hills
Rooms
Kitchen Dishwasher, Microwave
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Garage, Washer, Dryer
Exterior
Parking Features Carport , Converted, Covered Parking, Private / Exclusive, Gate / Door Opener
Garage Spaces 2.0
Pool 31, None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 2685016004
Special Listing Condition Not Applicable

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