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    10204 Gerald Ave Northridge, CA 91343

    For Sale
    $1,599,000

    Licensed 6-bed RCFE, fully occupied, includes business assets.

    Lot size:
    0.16 Acres

    Property Features for 10204 Gerald Ave

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1960

    Source: Cinema Real Estate Agent LaDonna Galang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Licensed RCFE with Real Estate

    This is a turn-key, licensed 6-bed Residential Care Facility for the Elderly (RCFE) with real estate. The property is 100% occupied, generating $21,000 in monthly gross income, and features established Standard Operating Procedures (SOPs) for immediate operation. The single-story building spans approximately 1,830 square feet on a 6,911 square foot lot. It includes a 4-bedroom, 2-bathroom main home, plus a permitted 2-bedroom, 1-bathroom garage conversion. A licensed interior fire-sprinkler system covers both the house and garage. The property also features solar power, full camera monitoring, a covered patio, and a staff outdoor kitchen. Updates include a new A/C unit, kitchen counters, renovated baths, and new flooring. The property is conveniently located near the 405 and 118 freeways, retail options, and community services. The sale includes business assets, furniture, appliances, operations manuals, and logs. Caregivers are willing to stay to ensure a smooth transition. There is potential to explore Congregate Living, subject to buyer verification with relevant agencies.
    Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Grace Manor Residential Care, Amazing Senior Care,INC., Westlake Village Hospice, Inc., Horizon Assisted Living, Westlake Village Hospice

    Location Insight

    • Map
    • Local Demand
    City
    Northridge
    County
    Los Angeles
    State
    California
    Longitude
    -118.481
    Latitude
    34.2386

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    FAQs

    What type of property is this?
    Assisted living facility - Licensed 6-bed RCFE, fully occupied, includes business assets.
    Where is this assisted living facility located?
    The property is located at 10204 Gerald Ave Northridge, CA.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: - Turn-key, fully occupied 6-bed Licensed RCFE with established operations and $21K monthly gross income.; - Includes real estate (4BR/2BA main home + permitted 2BR/1BA garage conversion) on a 6,911 SF lot.; - Licensed interior fire-sprinkler system in both house and garage for compliance advantage.
    (661) 523-2271
    Request Owner's contact information
    10204 Gerald Ave Northridge, CA 91343
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    Northridge, CA 91343
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10204 Gerald Ave Northridge, CA 91343
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