Views
Address
6900 Royer Avenue West Hills, CA
Price
$ 1,950,000
Property Attributes
  • MLS#SR21110876
  • TypeIncome
  • CountyLOS ANGELES
  • CityWest Hills
  • AreaWest Hills
  • Zip91307
  • StyleSingle Family Residence
  • Price$ 1,950,000
  • Bedrooms12
  • Full Bathrooms7
  • Half Bathrooms0
  • Lot Size0.36 Acres
Listing Provided Courtesy Of:
Jordan Tanner with Realty Executives Homes.
Data Source:
CRMLS
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, Chili’s, 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.

Price History
5/24/2021 Listed $1,950,000

General Features

Community Features Curbs, Sidewalks
Garage Spaces 2
Garage Y/N Yes
Levels One
Listing Agent Jordan Tanner - BRE#01954359
Listing Agent State License 01954359
MLS Area WEH - West Hills
Open Parking Spaces 6
Pool Features None
Property Sub Type Additional Single Family Residence
Property SubType Single Family Residence
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Stories 1
Terms Conventional
Total Units 3
Virtual Tour https://my.matterport.com/show/?m=Evgq4MZVyvy

Interior Features

Common Walls No Common Walls
Laundry Features Laundry Room

Exterior Features

Lot Features Corner Lot
Lot Size Acres 0.36
Lot Size Area 15596
Lot Size Source Assessor
Lot Size Square Feet 15596
Lot Size Units Square Feet
Number of Buildings 3
Number of Separate Electric Meters 1
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Total Parking 8
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 91307

Price
AVG $1.95M
$1.95M
Visits
AVG 21
21
Year Built
AVG 2018
2018
Walkscore
AVG 77
77
Data Provided by Walkscore ® not using MLS data

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