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Listed by Dieter Von Puschendorf • Century 21 Allstars
$ 4,700,000
Est. payment /mo
Active
11934 Willowbrook Avenue Los Angeles, CA 90059
UPDATED:
12/05/2024 01:05 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW-24060859
Year Built 1947
Property Description
A unique opportunity for investors to own 11934-11940 Willowbrook, Los Angeles, CA., a thriving men's transformational sober living center. This property features 24 well-appointed rooms, providing a total of 44 beds to accommodate individuals on the transformative journey. The flexibility of room configurations, ranging from single-bed setups, caters to varying needs and preferences. Strategically located in Los Angeles, this center benefits from a prime location with easy access to essential amenities and transportation. The current CAP rate of 8 percent highlights its strong profitable income-generating property, making it an attractive investment opportunity for discerning investors seeking a profitable business venture in the commercial real estate market. Don't miss out on the chance to invest in a thriving business and real-estate with a solid CAP rate and promising growth prospects. Contact us today to explore this lucrative investment opportunity. The property comes with a conditional use permit (CUP) approved by the city in this neighborhood only.
Location
State CA
County Los Angeles
Interior
Laundry Common Area
Exterior
Utilities Available Sewer Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Connected
Building
Lot Description Utilities - Overhead, Walkstreet, 0-1 Unit/Acre