REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,825,000
Est. payment /mo
Active
17516 Raymer Street Northridge (los Angeles), CA 91325
9 Beds
6 Baths
4,761 SqFt
UPDATED:
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 CL26102003
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
Zoning LARA
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type Other
Fireplace Yes
Appliance Dishwasher, Microwave, Refrigerator
Laundry Inside
Exterior
Pool In Ground
View Y/N true
View City Lights
Private Pool false
Building
Story 1
Level or Stories One Story
New Construction No
Others
Tax ID 2787024009
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Shane Moses • Moses Commercial, Inc
NEARBY SCHOOL & BUSINESS