10204 GERALD AVENUE, NORTH HILLS CA 91343
- 1,830 sq.ft.
- 6,914 sq.ft. lot
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-value opportunity. Recent updates include kitchen counters, bathroom renovations, and new flooring. Conveniently located near the 118 and 405 freeways, shopping centers, and community services. Sale includes all operational equipment, furniture, and care protocols. Caregivers are willing to stay post-sale to ensure a smooth transition.
Listing Courtesy of LaDonna Galang, Cinema Real Estate
Interior Features
Exterior Features
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