Property Showcase

6900 Royer AvenueWEST HILLS, CA 91307 0

$1,795,000
Commercial
Status: Off Market
  • Sqft:
  • Lot:0.36 acre
  • MLS#: SR21109634
34.194564819335938-118.62818908691406
Courtesy Of Jordan Tanner, DRE#01954359, Realty Executives Homes

Description:

Start or expand your senior care business with this substantial and unprecedented opportunity to own two houses on one large corner lot in West Hills. Totaling 4,619 square feet with, 11 bedrooms, 5 Retrofit Bathrooms w/ Curbless Showers, 1 Guest/Staff Bathroom, and two kitchens. PLUS a private 1 -bedroom quarters with kitchen, bathroom, walk-in closet great for a home-operator or staff members. Two separate addresses allow the operator to apply for separate licenses and consolidate operations to keep costs lower. Pro forma of $750,000 annually as RCFE Assisted Living or $1,320,000 annually as CLHF Medi-Cal Congregate Living Health Facility. Large fenced private courtyard off kitchens plus massive backyard behind homes. The original home remodeled in 2003 features 6 bedrooms, has an attached 2-car garage, spacious driveway and front-yard parking w/ a large dining room, living room and commercial-grade kitchen with buffet bar and plenty of cabinet storage. The second home was completed in December 2018 and features 5 Bedrooms with three retrofit bathrooms, beautiful kitchen, ample open space for dining and living with individual Climate-Controlled heat/AC units. Solar panels on roof. Median Household Income for West Hills is $120,000 almost twice the LA County average. Adjacent to Fallbrook Center Shopping Mall with Home Depot, TJ Maxx, Olive Garden, Chili’s, Stonefire Grill, Jamba Juice, Starbucks, Sprouts, Ralphs and many more. Senior care market is currently strong with high growth trajectory. Per Center for Housing Studies at Harvard University, 65-and-over population will increase by more than 30 million people by 2035 and the 80-and-over population will nearly double to reach 24 million by 2035. Per Grand View Research, senior housing growth rate of 5.3% expected from 2021 to 2027. Market Value Size in 2021 $87.4 billion. Revenue Forecast in 2027 USD $119.2 billion. Statements made for informational purposes only. Buyer to satisfy self with all investigat

Main Features:

Listing Status Off Market Year Built 2018
County LOS ANGELES Taxes $24,375.00
Tax Year 2021 Rental Price $0
Units 11 Zoning LARS

Additional Features:

Business Type NursingHome
SpecialUse
Cooling CentralAir
WallWindowUnits
Zoned
Exterior LivingQuarters
Financing Conventional
Heating Central
WallFurnace
Zoned
Laundry LaundryRoom
Lease Option N
Listing Type ExclusiveRightToSell
Lot Description CornerLot
Occupied By Owner
Property Subtype SpecialPurpose
Security Features ClosedCircuitCameras
Special Conditions Standard
Terms Cash
CashtoNewLoan
Conventional
Utilities CableConnected
ElectricityConnected
NaturalGasConnected
SewerConnected
WaterConnected
Water Public
Year Built Source Builder

Extra Features:

Annual Trash Expense 0 Building Square Feet 4619
CDOM 87 DOM 87
Electric Exp 0 Gross Income 1320000
Gross Scheduled Income 1320000 Insurance Expense 3600
Listing Key 521731379 Net Operating Income 1320000
Number of Buildings 2 Operating Expense 0
Parcel Number 2026011012 SQFT Source Assessor
Virtual Tour https://my.matterport.com/show/?m=Evgq4MZVyvy Water Sewer Exp 0

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 9/26/2021 8:36:05 PM

6900 Royer Avenue, WEST HILLS, CA 91307

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 9/26/2021 8:36:05 PM

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