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$1,599,000
Listing Price4beds
3baths
1,830sqft
6,911sqft lot
10204 Gerald Ave, North Hills, CA 91343
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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 opera
Interior Details
1830
4
3
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6911
Yes
No
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Conventional
Stucco
N/A
Gable
Wood Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$7,549
$536,000
$134,000
--%
$670,000
2019
$7,549
$494,000
$123,000
--%
$617,000
2018
$7,157
$466,000
$116,000
--%
$582,000
2017
$6,313
$411,000
$102,000
--%
$513,000
2016
$6,279
$411,000
$102,000
--%
$513,000
2014
$6,063
$387,000
$96,000
--%
$483,000
2013
$4,915
$310,000
$77,000
--%
$387,000
2012
$4,761
$267,000
$66,000
--%
$333,000
Average Home Price in 91343
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles



