Remodeled Senior Congregate Living
3833 East Ave R-12 Palmdale, CA 93550
3833 East Ave R-12, Palmdale, CA, 93550
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For Sale
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Turn-key, fully remodeled 6-bed congregate living setup with remodeled interiors, fire sprinklers, central AC, and ADA walk-in shower.
Property Size1,527 SF
Lot Size0.16 Acres
Price / SF$366.08
Days on Market23
Property Features for 3833 East Ave R-12
General Information
- Standard status
- Active
- Size
- 1,527 SF
- Lot size
- 0.16 Acres
- Property subtype
- Senior Living
Building Details
- Year Built
- 1987
Listing agency
Liberty Business Advisors
Listed by
Houmehr Mike Panoussi · License #01853627
Source
Crexi
Added: Jun 30 Updated: Jul 21 at 4:01AM Checked: Jul 22 at 5:53AM
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 Liberty Business Advisors
Investment Insights
Based on property information with market context.
This fully remodeled residential property was previously operated as a licensed 6-bed Congregate Living Health Facility setup and is configured for up to six patients. The home offers 4 bedrooms and 2 bathrooms, with recent updates that include new flooring, fresh interior paint, updated kitchen counters, and bathroom improvements. Additional features include a 2-car garage, extra driveway and street parking, and additional storage. Built in 1987, the property also includes facility-oriented operational upgrades such as fire sprinklers, central AC, one ADA-style walk-in shower bathroom, one staff bathroom, and three window coolers.
The property is offered for sale as a ready-to-go physical environment for a qualified healthcare or residential care operator, subject to buyer/tenant licensing, permits, and regulatory approvals.
The property is offered for sale as a ready-to-go physical environment for a qualified healthcare or residential care operator, subject to buyer/tenant licensing, permits, and regulatory approvals.
Key Highlights
- Built in 1987 and fully remodeled with updated flooring, fresh interior paint, kitchen counter updates, and bathroom improvements.
- Residential CLHF setup configured for up to 6 patients, with facility‑oriented improvements in place (subject to buyer/tenant licensing, permits, and regulatory approvals).
- Approximately 1,527 SF home with 4 bedrooms and 2 bathrooms, plus a 2‑car garage and additional driveway and street parking.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.8k | $30.00 |
| − Vacancy | −$2.7k | −$1.74 |
| EGI | $43.2k | $28.26 |
| − OpEx | −$19.4k | −$12.72 |
| NOI | $23.7k | $15.54 |
1,527 SF · lease $30.00/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$339.1K
$296.7K – $395.6K
NOI $23,734 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$644.8K
$564.2K – $752.2K
NOI $45,133 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Assisted living facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Assisted living facility - Turn-key, fully remodeled 6-bed congregate living setup with remodeled interiors, fire sprinklers, central AC, and ADA walk-in shower.
Where is this assisted living facility located?
The property is located at 3833 East Ave R-12 Palmdale, CA.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Built in 1987 and fully remodeled with updated flooring, fresh interior paint, kitchen counter updates, and bathroom improvements.; Residential CLHF setup configured for up to 6 patients, with facility‑oriented improvements in place (subject to buyer/tenant licensing, permits, and regulatory approvals).; Approximately 1,527 SF home with 4 bedrooms and 2 bathrooms, plus a 2‑car garage and additional driveway and street parking.
