Share this with your friends
(323) 864-4211
Linda Roth Burrell
3914 Braewood Ct, Tarzana, CA 91356
- $3,150,000
- 5
- BD
- 4
- BA
- 3,602
- SqFt
- List Price
- $3,150,000
- MLS#
- 26101998
- Year Built
- 1974
- Bedrooms
- 5
- Bathrooms
- 4
- Living Sq. Ft
- 3,602
- Lot Size
- 44,712
- Days on Market
- 4
- Property Type
- Single Family Residential
- Style
- Architectural
Property Description
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.
Additional Information
- Other Buildings
- None
- Pool
- Yes
- Pool Description
- In Ground, Solar Heat
- Spa
- Yes
- Heat
- Central
- Cooling
- Central
- View
- Golf Course
- Number of Cars in Garage
- Garage - 3 Car, Driveway - Pavers
Mortgage Calculator
Courtesy of Moses Commercial, Inc, Shane Moses - CA DRE#02007841
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).