$810,000
$900,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
6,438 Sqft Lot
SOLD DATE : 02/11/2022
Key Details
Sold Price $810,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21251907
Sold Date 02/11/22
HOA Y/N No
Year Built 1987
Lot Size 6,438 Sqft
Property Sub-Type Single Family Residence
Property Description
Rare updated/upgraded turnkey 3 Bed 2 Bath 6 bed Licensed California Healthcare Facility. Tenant has 8 more years left on a Double Net Lease with two 5 year options. Landlord Responsible for Roof and Structure. 3% Annual Increases in Rent Starts on March 2022. Current NOI is $55,104 giving an investor a 6.12 cap rate at the asking price of $900,000.
Location
State CA
County Los Angeles
Area Cjrc - Circle J Ranch
Zoning SCUR2
Interior
Interior Features Cathedral Ceiling(s), All Bedrooms Up, Bedroom on Main Level, Main Level Primary
Heating Central
Cooling Central Air
Flooring Tile, Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher
Laundry In Garage
Exterior
Parking Features Direct Access, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool None
Community Features Curbs, Hiking
Utilities Available Cable Available, Natural Gas Connected
View Y/N Yes
View Park/Greenbelt, Mountain(s)
Roof Type Concrete,Tile
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2836046005
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Tony Morrison • Lantern Bay Realty