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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.

9 Beds ⋅ 6 Baths ⋅ ACTIVE Status

17516 17514 Raymer St, Northridge

Courtesy of Moses Commercial, Inc, Shane Moses - CA DRE#02007841

$1,425,000

Set on a nearly half-acre lot in the highly desirable Sherwood Forest neighborhood, this 4-bedroom, 4-bathroom home offers the kind of space that's becoming increasingly hard to find. Inside, a vaulted ceiling enhances the bright and airy living and dining areas. The adjacent galley-style kitchen features updated countertops, rustic wood cabinetry, and classic custom details that give the space warmth and character. The spacious primary suite is conveniently located on the main floor and features a private ensuite with double vanities, a dedicated makeup station, and a generous walk-in closet. A powder room is also located on the main level for guests. On the opposite side of the home, you'll find a guest bedroom, a beautifully remodeled bathroom with designer finishes and a sleek, spa-inspired walk-in shower, as well as a laundry area with plenty of storage. Upstairs are two additional bedrooms and another equally impressive, updated bathroom with a double vanity and spacious walk-in shower. One of this home's most unique features is a private indoor spa, tucked into its own sun-filled room with exposed beam ceilings, skylights, and French doors that open to the backyard - creating a relaxing retreat you can enjoy year-round. Outside, the expansive nearly half-acre lot provides plenty of room to entertain, garden, or simply enjoy the outdoors. Additional amenities include multiple storage sheds, a detached structure currently used as a home gym, a two-car garage, and an additional carport for extra parking. Opportunities like this don't come around often - schedule your private showing today!

4 Beds ⋅ 4 Baths ⋅ ACTIVE Status

17813 Raymer St, Sherwood Forest

Courtesy of Privilege Realty, Ashkan Manzar - CA DRE#01336779

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).

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