34.194507598877 -118.628135681152

6900 Royer Avenue WEST HILLS, CA 91307

295405626 34.194507598877 -118.628135681152 120 /listing/295405626-150289561/6900-royer-avenue-west-hills-ca-91307 False 0 1795000.0000 4619 105 SR21110876 False
  • $1,795,000
  • 4,619 sqft
  • 15,596 lot
  • Est payment $9635.95/mo

Property & Neighborhood Info

Courtesy Of Jordan Tanner, DRE#01954359, Realty Executives Homes

Multi-Family in West Hills

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 investigations

Courtesy Of Jordan Tanner, DRE#01954359, Realty Executives Homes
  1. 4,619 Sq. Ft.
  2. 15,596 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 2018
  • Garage: 2.0
  • Floors: 1
  • County: LOS ANGELES
  • Units: 3
  • MLS Number:SR21110876

Additional Features

  • Common Walls:
    • No Common Walls
  • Community Features:
    • Curbs
    • Sidewalks
  • Land Size Source:
    • Assessor
  • Laundry:
    • Individual Room
  • Levels:
    • One
  • Lot Features:
    • Corner Lot
    • Lot 10000-19999 Sqft
  • Pool Features:
    • None
  • Property Subtype:
    • Single Family Residence
  • Sewer:
    • Public Sewer
  • Special Conditions:
    • Standard
  • Water Source:
    • Public
  • Year Built Source:
    • Builder
  • Association Fees:
    • 0.00
  • CDOM:
    • 112
  • Fuel Exp:
    • 0.00
  • Gross Income:
    • 1320000.00
  • Gross Operating Income:
    • 1320000.00
  • Insurance Expense:
    • 3600.00
  • Listing Agent License Number:
    • 01954359
  • Listing Key:
    • 365505067
  • Lot Size Acres:
    • 0.3580
  • Lot Size Area:
    • 15596.0000
  • Lot Size Square Feet:
    • 15596.00
  • Net Operating Income:
    • 1292025.00
  • Number of Buildings:
    • 3
  • Operating Expense:
    • 27975.00
  • Parking Spaces:
    • 8.00
  • Price Per SQFT:
    • 388.61
  • Price Per Unit:
    • 598333
  • Tax ID:
    • 2026011012
  • Total Expenses:
    • 27975.00
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
34.194507598877 -118.628135681152

6900 Royer Avenue WEST HILLS, CA 91307

295405626 34.194507598877 -118.628135681152 120 /listing/295405626-150289561/6900-royer-avenue-west-hills-ca-91307 False 0 1795000.0000 4619 105 SR21110876 False
  • $1,795,000
  • 4,619 sqft
  • 15,596 lot
  • Est payment $9635.95/mo