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.
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.
Property Details
Price:
$1,899,900
MLS #:
SR25172941
Status:
Active
Baths:
0
Address:
10204 Gerald Avenue
Type:
Residential Income
Subtype:
Single Family Residence
Neighborhood:
nohnorthhills
City:
North Hills
Listed Date:
Jul 31, 2025
State:
CA
ZIP:
91343
Lot Size:
6,914 sqft / 0.16 acres (approx)
Year Built:
1960
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Schools
Interior
Appliances
Dishwasher, Microwave
Cooling
Central Air
Flooring
Vinyl, Wood
Heating
Central
Laundry Features
Dryer Included, In Garage, Washer Included
Exterior
Community Features
Biking, Curbs, Street Lights
Exterior Features
Barbecue Private
Parking Features
Auto Driveway Gate, Attached Carport, Controlled Entrance, Converted Garage, Covered, Private
Parking Spots
2.00
Roof
Shingle
Security Features
Fire Sprinkler System
Financial
Map
Community
- Address10204 Gerald Avenue North Hills CA
- AreaNOH – North Hills
- CityNorth Hills
- CountyLos Angeles
- Zip Code91343
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10204 Gerald Avenue
North Hills, CA
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