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    6900 Royer Avenue

    West Hills, CA 91307
    • $1,795,000
    • STATUS: Active
    • ON SITE: 33 Days
    • ID#: SR21206283
    UPDATED: 4 min ago
    $1,795,000
    • 12
      BEDS
    • 0.36
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 4,619
      SQFT
    • $389
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1957
    County:

    School Ratings & Info

    School District:

    Description

    Start or expand your senior care business with this substantial and unprecedented opportunity to own two houses on one large corner lot in West Hills. Totaling 4,619 square feet with, 11 bedrooms, 5 Retrofit Bathrooms w/ Curbless Showers, 1 Guest/Staff Bathroom, and two kitchens. PLUS a private 1 -bedroom quarters with kitchen, bathroom, walk-in closet great for a home-operator or staff members. Two separate addresses allow the operator to apply for separate licenses and consolidate operations to keep costs lower. Pro forma of $750,000 annually as RCFE Assisted Living or $1,320,000 annually as CLHF Medi-Cal Congregate Living Health Facility. Large fenced private courtyard off kitchens plus massive backyard behind homes. The original home remodeled in 2003 features 6 bedrooms, has an attached 2-car garage, spacious driveway and front-yard parking w/ a large dining room, living room and commercial-grade kitchen with buffet bar and plenty of cabinet storage. The second home was completed in December 2018 and features 5 Bedrooms with three retrofit bathrooms, beautiful kitchen, ample open space for dining and living with individual Climate-Controlled heat/AC units. Solar panels on roof. Median Household Income for West Hills is $120,000 almost twice the LA County average. Adjacent to Fallbrook Center Shopping Mall with Home Depot, TJ Maxx, Olive Garden, Chilis, Stonefire Grill, Jamba Juice, Starbucks, Sprouts, Ralphs and many more. Senior care market is currently strong with high growth trajectory. Per Center for Housing Studies at Harvard University, 65-and-over population will increase by more than 30 million people by 2035 and the 80-and-over population will nearly double to reach 24 million by 2035. Per Grand View Research, senior housing growth rate of 5.3% expected from 2021 to 2027. Market Value Size in 2021 $87.4 billion. Revenue Forecast in 2027 USD $119.2 billion. Statements made for informational purposes only. Buyer to satisfy self with all investigations and inspections. Property 3D Tours and In-person tours for both 6900 and 6902 Royer are available by request.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-22T15:32:11.25. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swack Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
    www.swackrealestategroup.com/homes/121560996
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    6900 Royer Avenue West Hills, CA 91307

    • Price: $1,795,000
    • Status: Active
    • Updated: 4 min ago
    • ID#: SR21206283
    12
    Beds
    7
    Baths
    0
    ½ Baths
    0.36
    Acres
    4,619
    SQFT
    $389
    $/SQFT
    1957
    Built
    Neighborhood:
    WEH - West Hills
    County:
    Los Angeles
    Area:
    WEH - West Hills
    School District:
    Los Angeles Unified
    Property Description
    Start or expand your senior care business with this substantial and unprecedented opportunity to own two houses on one large corner lot in West Hills. Totaling 4,619 square feet with, 11 bedrooms, 5 Retrofit Bathrooms w/ Curbless Showers, 1 Guest/Staff Bathroom, and two kitchens. PLUS a private 1 -bedroom quarters with kitchen, bathroom, walk-in closet great for a home-operator or staff members. Two separate addresses allow the operator to apply for separate licenses and consolidate operations to keep costs lower. Pro forma of $750,000 annually as RCFE Assisted Living or $1,320,000 annually as CLHF Medi-Cal Congregate Living Health Facility. Large fenced private courtyard off kitchens plus massive backyard behind homes. The original home remodeled in 2003 features 6 bedrooms, has an attached 2-car garage, spacious driveway and front-yard parking w/ a large dining room, living room and commercial-grade kitchen with buffet bar and plenty of cabinet storage. The second home was completed in December 2018 and features 5 Bedrooms with three retrofit bathrooms, beautiful kitchen, ample open space for dining and living with individual Climate-Controlled heat/AC units. Solar panels on roof. Median Household Income for West Hills is $120,000 almost twice the LA County average. Adjacent to Fallbrook Center Shopping Mall with Home Depot, TJ Maxx, Olive Garden, Chilis, Stonefire Grill, Jamba Juice, Starbucks, Sprouts, Ralphs and many more. Senior care market is currently strong with high growth trajectory. Per Center for Housing Studies at Harvard University, 65-and-over population will increase by more than 30 million people by 2035 and the 80-and-over population will nearly double to reach 24 million by 2035. Per Grand View Research, senior housing growth rate of 5.3% expected from 2021 to 2027. Market Value Size in 2021 $87.4 billion. Revenue Forecast in 2027 USD $119.2 billion. Statements made for informational purposes only. Buyer to satisfy self with all investigations and inspections. Property 3D Tours and In-person tours for both 6900 and 6902 Royer are available by request.
    Exterior Features

    Attached Garage YN 1 Lot Features Back Yard Other Structures Guest HouseTwo On A Lot Parking Features Garage Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Sign On Property YN No View None View YN No

    Interior Features

    Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features All Bedrooms Down Main Level Bathrooms 7 Main Level Bedrooms 12

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Garage YN Yes Land Lease YN No Laundry Features Laundry Room Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Water Source Public Zoning Lars

    Listing provided courtesy of Jordan Tanner of Realty Executives Homes


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-22T15:32:11.25. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swack Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
     
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