17516 Raymer Street, Northridge, CA 91325
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
17516 Raymer Street,Northridge (los Angeles), CA 91325
$3,825,000
- 9 Beds
- 6 Baths
- 4,761 sq. ft.
- Single family
- Active
Listed by: shane moses
Office: moses commercial, inc
MLS#:CL26102003
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$3,825,000
- Price per sq. ft.:$803.4
About this home
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....
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Home facts
- Year built:1952
- Listing ID #:CL26102003
- Added:8 day(s) ago
- Updated:October 23, 2026 at 03:18 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Living area:4,761 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1952
- Building area:4,761 sq. ft.
- Lot area:0.69 Acres
- Architectural Style:Single Family Residence
- Levels:1 Story, 1 Story
Finances and disclosures
- Price:$3,825,000
- Price per sq. ft.:$803.4
Features and amenities
- Appliances:Dishwasher, Microwave, Refrigerator
- Laundry features:Inside
- Pool features:In Ground
Parking
- Garage:Yes
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