7913 Satsuma Ave Los Angeles, CA 91352

Exceptional investment opportunity: a 2,497 square foot medical facility in Los Angeles, California's Sun Valley neighborhood. This property, located at 7913 Satsuma Ave, 91352, boasts a 6.20% cap rate and a net operating income (NOI) of $124,104, making it an attractive addition to any portfolio. Offered at $2,000,000, the price per square foot is $800.96. The building, constructed in 1944, sits on a 7,694 square foot lot and is currently zoned residential. This six-bed congregate healthcare living facility is licensed by the state of California. Sun Valley, a vibrant Los Angeles community, offers a population of approximately 75,000 with a median age of 28 and a median household income of $51,290 (2015 data). Its convenient location provides easy access to Downtown Los Angeles, major freeways, shopping, and dining. The property's APN is 2409-006-017. This is a rare chance to acquire a well-situated medical facility with strong financial performance in a growing market.