Rare investment opportunity in the desirable Braemar neighborhood of Tarzana, offered exclusively as part of a Southern California Behavioral Health Real Estate Portfolio. Situated on an expansive 1.03-acre lot in a private cul-de-sac, this 3,602 SF, 5-bedroom, 4-bathroom residence was extensively remodeled in 20222023 and features a swimming pool, spa, and golf course views. Currently operating as a licensed 6-bed residential treatment facility, the property 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. Allocated annual rental income of $252,000, representing an 8.00% cap rate on the property's allocated portfolio value. The complete portfolio includes 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.
| MLS # | 26101998 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1974 |
| Days On Site | 9 |
| Listing Provided By | Moses Commercial, Inc | Shane Moses |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,602 |
| Story(s) | 2 |
| Zoning | LARA |
| Acreage | 1.03 |
| Golf Course | Yes |
| Property View | Yes |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Walk In Closets |
| Furnished | Unfurnished |
| Appliances | Dishwasher, Microwave, Refrigerator |
| Fireplace Yes / No | Yes |
| Parking Features | Door Multi, Garage, Paved |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Tarzana |
| Zip Code | 91356 |
| Area | TAR Tarzana |
| Listing VS Median (in 91356) | |
Price: $3,150,000 low | high Med: $650,000 sqft: 3,602 low | high Med: 1,485 $ / sqft: $875 low | high Med: $438 On site: 9 low | high Med: 39 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Tarzana |
| Zip Code | 91356 |
| Area | TAR Tarzana |
| Listing VS Median (in 91356) | |
Price: $3,150,000 low | high Med: $650,000 sqft: 3,602 low | high Med: 1,485 $ / sqft: $875 low | high Med: $438 On site: 9 low | high Med: 39 | |
![]() | $2,595,00019501 Weeburn CourtTarzana, CA 91356 |