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Investment Highlights

  • Licensed RCFE Operating since 2006
  • 4 bedrooms, 2 bathrooms, 2 additional rooms converted in the garage + 1 bathroom
  • Stable full occupancy with caregivers committed to stay post-sale
  • 6 beds Residential Care Facility for the Elderly | Board and Care
  • Sale includes income-generating business, furnitures, appliances, whole house interior sprinkler system and security system
  • Fully functional outdoor kitchen, covered backyard patio

Executive Summary

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.

Property Facts

Price $2,207,526 CAD
Price Per SF $1,206.30 CAD
Sale Type Investment or Owner User
Sale Condition Business Value Included
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.16 AC
Building Size 1,830 SF
No. Stories 1
Year Built 1960
Zoning LARS - Suburban

Amenities

  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
2685-016-004
Land Assessment
$875,937 CAD
Improvements Assessment
$218,976 CAD
Total Assessment
$1,094,913 CAD
  • Listing ID: 37311497

  • Date on Market: 2025-08-17

  • Last Updated:

  • Address: 10204 Gerald Ave, North Hills, CA 91343

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