3914 Braewood Court
Property Overview
Rare investment opportunity in the desirable Braemar neighborhood of Tarzana, offered exclusively as part of a Southern California Behavioral Health Real Estate Portfolio. Situated on an expansive 1.03-acre lot in a private cul-de-sac, this 3,602 SF, 5-bedroom, 4-bathroom residence was extensively remodeled in 20222023 and features a swimming pool, spa, and golf course views. Currently operating as a licensed 6-bed residential treatment facility, the property 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. Allocated annual rental income of $252,000, representing an 8.00% cap rate on the property's allocated portfolio value. The complete portfolio includes 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.
Home Details
- Property type
- Residential - Single Family Residence
- Year built
- 1974
- Living area
- 3,602 sq ft
- Lot size
- 1.03 acres
- Days on market
- 1
- Full bathrooms
- 4
- MLS status
- Active
- Zoning
- LARA
Features & Amenities
Interior
- Walk In Closets
Appliances
- Dishwasher
- Microwave
- Refrigerator
Parking
- Door Multi
- Garage
- Paved
Pool
- In Ground
- Solar Heat
Community, Schools & Utilities
Community
- Fireplace
- Yes
- View
- GolfCourse
Utilities
- Heating
- Central
- Cooling
- CentralAir
Location & Neighborhood
Frequently Asked Questions About 3914 Braewood Court
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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