5237 Topanga Canyon
Property Overview
Exceptional South-of-the-Boulevard investment opportunity in Woodland Hills featuring a rare fully upgraded three-unit property configured and furnished for operation of a 14-bed detox rehabilitation facility. The seller has obtained licensing approvals for the facility which is already in operation. Per seller's projections net income from the 12-14-bed operation, after payment of operating expenses, is estimated at approximately $85,000-145,000 per month. An excellent opportunity for investors seeking healthcare-related real estate with strong income potential. The property may be purchased with or without the business operation. For investors seeking passive ownership, the seller is willing to lease back the property under a long-term lease consisting of an initial 3–5 year term with two renewal options at a starting rent of $18,000 per month plus annual increases. Situated on a spacious corner lot near Ventura Blvd., The Village, and Warner Center, the property consists of three separately configured units with multiple private entrances and outdoor areas, ideally suited for detox, recovery, transitional housing, or other treatment-related operations subject to buyer verification. All three units have been upgraded and fully furnished for facility use. The stated income figures are seller projections only and have not been verified by the brokers. Buyers are advised to independently investigate and verify all financial information, projections, operational data, licensing matters, and potential income through their own due diligence and professional advisors. Brokers and seller make no representation or warranty regarding the accuracy or achievability of any projected income figures. Although assesors records describe it differently it's actually a duplex with ADU
Home Details
- Property type
- Residential - Single Family Residence
- Year built
- 1963
- Living area
- 4,145 sq ft
- Lot size
- 8,808 sq ft
- Parking
- 3 spaces
- Garage
- 3 spaces
- Stories
- 2
- Days on market
- 48
- Cumulative days on market
- 230
- Full bathrooms
- 7
- MLS status
- Active
Features & Amenities
Interior
- Main Level Primary
- Primary Suite
Appliances
- Gas Range
Pool
- None
Lot
- Twenty Six To Thirty Units Acre
Community, Schools & Utilities
Community
- Fireplace
- Yes
- View
- Neighborhood
Schools
- School district
- Los Angeles Unified
Utilities
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 5237 Topanga Canyon
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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