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Behavioral Health Rehabilitation Portfolio

17856 Cathedral Place, Los Angeles, CA 91316

For Sale
Contact for pricing

The portfolio is offered with a new long-term NNN lease and scheduled annual rent increases.

Property Size10,582 SF
Lot Size2.25 Acres
Price / SF$956.81
Days on Market26

Property Features for 17856 Cathedral Place

General Information

Standard status Active
Size 10,582 SF
Lot size 2.25 Acres
Property subtype Retail
Net Operating Income $810,000

Financials

Asking Price $10,125,000
Cap Rate 8%

Site & Location

Neighborhood Encino

Building Details

Buildings 4
Tenancy Single
Listing Agency: The Wine Group
Listed By: Brian Wine · License #CA 01952225
Source: Crexi
Added: Oct 14 Changed: Nov 8 Last Checked: Nov 8 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Wine Group

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This behavioral health portfolio comprises three properties and four operating treatment facilities, with 24 licensed beds and approximately 10,582 SF of combined building area. The facilities are located in Encino, Tarzana, and Northridge. At closing, the tenant will enter a new 15-year NNN lease with 2% annual rent increases and two five-year renewal options. The tenant covers property taxes, insurance, and general maintenance; landlord responsibilities are limited to roof and structural components.

The operator provides medical detoxification, residential treatment, and dual-diagnosis care. It holds California Department of Health Care Services licensing, Joint Commission accreditation, and LegitScript certification. The lease includes a stated 8.00% initial cap rate.

Key Highlights

  • 24 licensed beds across four behavioral health facilities
  • Approximately 10,582 SF of combined building area
  • New 15‑year NNN lease with 2% annual rent increases

Property Analytics

Current Use

Rehabilitation centers

Suggested Use

Top Pick Dental Office Parking Lot & Garage Building Supply Grocery & Convenience Store Big Box & Wholesale Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 91316, CA

28,777
Population
13,602
Households
2.1
Avg Household Size
43
Median Age
58%
College-Educated
94%
High-School Grad
5.5 sq mi
ZIP Area
5,232
Density / Sq Mi
$90,802
Median Household Income
$57,845
Median Earnings
$2,104
Median Rent
$909,700
Median Home Value

Frequently Asked Questions

What type of property is this?
Rehabilitation center - The portfolio is offered with a new long-term NNN lease and scheduled annual rent increases.
Where is this rehabilitation center located?
The property is located at 17856 Cathedral Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $10,125,000.
What are key features of this property?
This property features: 24 licensed beds across four behavioral health facilities; Approximately 10,582 SF of combined building area; New 15‑year NNN lease with 2% annual rent increases
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