Senior Care Facility
5905 Old Wheeler Road La Verne, CA 91750
5905 Old Wheeler Road, La Verne, CA, 91750
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For Sale
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Recently renovated one-story home with six bedrooms and three bathrooms, offering expansive interior space on a large lot.
Property Size3,528 SF
Lot Size0.34 Acres
Price / SF$423.75
Days on Market33
Property Features for 5905 Old Wheeler Road
General Information
- Standard status
- Active
- Size
- 3,528 SF
- Lot size
- 0.34 Acres
- Property subtype
- Senior Living
Building Details
- Year Built
- 1959
Listing agency
American Pacific Investments
(760) 699-7979
Listed by
Adam Ahmed · License #01413750
Source
Crexi
Added: Jun 19 Updated: Jul 21 at 1:53AM Checked: Jul 21 at 11:16AM
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 American Pacific Investments
Investment Insights
Based on property information with market context.
This recently renovated one-story residence offers a substantial interior layout with six bedrooms and three bathrooms across a spacious floor plan. The home includes an open great room with soaring high ceilings, along with mature landscaping and outdoor space that can support additional improvements. Plans for a three-car garage and an attached covered patio are available, providing options to further customize the property. The setting is also described as suitable for an ADU or other outdoor enhancements, with ample room on the lot.
The property is located in La Verne and described as adjacent to new luxury homes. It also features views of Mills Park and access to nearby outdoor recreation areas, including Marshall Canyons.
Seller notes plans for a potential three-car garage and attached covered patio, as well as space intended to accommodate a large ADU or custom pool and ample parking for several vehicles and larger recreational vehicles.
The property is located in La Verne and described as adjacent to new luxury homes. It also features views of Mills Park and access to nearby outdoor recreation areas, including Marshall Canyons.
Seller notes plans for a potential three-car garage and attached covered patio, as well as space intended to accommodate a large ADU or custom pool and ample parking for several vehicles and larger recreational vehicles.
Key Highlights
- Recently renovated one‑story home built in 1959 with 6 bedrooms and 3 bathrooms
- 3,528 sq ft of living space on a 14,810 sq ft lot
- Great room features high ceilings
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 | $112.2k | $31.80 |
| − Vacancy | −$9.0k | −$2.54 |
| EGI | $103.2k | $29.26 |
| − OpEx | −$46.4k | −$13.17 |
| NOI | $56.8k | $16.09 |
3,528 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$811.0K
$709.6K – $946.1K
NOI $56,768 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,221 @ 7.0% cap · market cap 8.84%
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 - Recently renovated one-story home with six bedrooms and three bathrooms, offering expansive interior space on a large lot.
Where is this assisted living facility located?
The property is located at 5905 Old Wheeler Road La Verne, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Recently renovated one‑story home built in 1959 with 6 bedrooms and 3 bathrooms; 3,528 sq ft of living space on a 14,810 sq ft lot; Great room features high ceilings
