17516 Raymer St, Northridge, CA 91325
17516 Raymer St, Northridge, CA 91325
17516 Raymer St, Northridge, CA 91325
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$3,825,000
Est. payment /mo
9 Beds
6 Baths
4,761 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,761 sqft

Price per Sqft $803

MLS Listing ID 26102003

Style Architectural

Bedrooms 9

Full Baths 6

HOA Y/N No

Year Built 1952

Lot Size 0.687 Acres

Acres 0.6875

Property Sub-Type Single Family Residence

Property Description

Unique investment opportunity in Northridge's desirable Sherwood Forest neighborhood, offered exclusively as part of a Southern California Behavioral Health Real Estate Portfolio. This gated 29,936 SF property encompasses two residential facilities located at 17516 and 17514 Raymer Street, totaling approximately 4,761 SF and 12 licensed residential treatment beds. The property features a swimming pool, spa, and spacious grounds. Both facilities will be subject to a new 15-year NNN lease at closing, featuring 2% annual rent increases and two 5-year renewal options. Tenants are responsible for all property taxes, property insurance, maintenance, and repairs. Combined allocated monthly rental income is $25,500, totaling $306,000 annually and representing an 8.00% cap rate on the property's allocated portfolio value. The complete portfolio consists of three properties across Encino, Tarzana, and Northridge, totaling four licensed facilities and 24 beds. Total portfolio asking price: $10,125,000. All properties must be purchased together. Contact listing brokers for the complete Offering Memorandum and additional information.

Location

State CA

County Los Angeles

Area 2198

Zoning LARA

Rooms

Other Rooms Other, GuestHouse

Dining Room 0

Interior

Heating Central

Cooling Central

Flooring Vinyl

Fireplaces Type Fire Pit

Equipment Dishwasher, Refrigerator, Range/Oven, Freezer, Microwave

Laundry Inside

Exterior

Parking Features Garage - 3 Car

Pool In Ground

View Y/N Yes

View City

Building

Architectural Style Architectural

Level or Stories One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Moses Commercial, Inc

Nearby School & Business

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Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent License ID: 01240158

Agent License ID: 01240158

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