10204 Gerald Avenue, North Hills, CA 91343 (MLS # SR25172941)

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PRICE $1,599,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 1,830 sqft
LOT SIZE 6,913 sqft

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 operational equipment, furniture, and care protocols. Caregivers are willing to stay post-sale to ensure a smooth transition.

DAYS ON MARKET 53 LAST UPDATED 9/12/2025
YEAR BUILT 1960 COMMUNITY NOH - North Hills
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Aug 14, '25 $2,499,900
Aug 14, '25 - Sep 12, '25 $1,899,900
Sep 12, '25 - Today $1,599,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Microwave, Washer
AREA NOH - North Hills
EXTERIOR Barbecue
FIREPLACE Yes
HEAT Central
LOT 6913 sq ft
LOT DESCRIPTION Back Yard, Front Yard, Landscaped
PARKING Attached Carport, Converted Garage, Covered, Electric Gate, Private
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Cinema Real Estate

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 9/21/25 7:38 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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