Unique investment opportunity in Northridge's desirable Sherwood Forest neighborhood, offered exclusively as part of a Southern California Behavioral Health Real Estate Portfolio. This gated 29,936 SF property encompasses two residential facilities located at 17516 and 17514 Raymer Street, totaling approximately 4,761 SF and 12 licensed residential treatment beds. The property features a swimming pool, spa, and spacious grounds. Both facilities will be subject to a new 15-year NNN lease at closing, featuring 2% annual rent increases and two 5-year renewal options. Tenants are responsible for all property taxes, property insurance, maintenance, and repairs. Combined allocated monthly rental income is $25,500, totaling $306,000 annually and representing an 8.00% cap rate on the property's allocated portfolio value. The complete portfolio consists of three properties across Encino, Tarzana, and Northridge, totaling four licensed facilities and 24 beds. Total portfolio asking price: $10,125,000. All properties must be purchased together. Contact listing brokers for the complete Offering Memorandum and additional information.
8602 Shoshone: Sold $1,875,000 · 3 bd · 3 ba · 3,116 sqft · Aug 2026 · 0.1 mi Park Regency Realty | DRE #01252830 Buyer's agent: Boota Singh Pahal, Keller Williams Realty-Studio City | DRE #02423241
8756 Encino Avenue: Sold $1,700,000 · 5 bd · 5 ba · 2,710 sqft · Oct 2026 · 0.3 mi Jeffrie Jimenez, Broker | DRE #01267242 Buyer's agent: Edward Kaminsky, eXp Realty of California, Inc | DRE #00958114
8225 Encino: Sold $725,000 · 3 bd · 2 ba · 1,108 sqft · Aug 2026 · 0.4 mi Amberwood Real Estate | DRE #02194707 Buyer's agent: Mike Boyajyan, MBE Realty, Inc. | DRE #01783567
17827 Roscoe Boulevard: Sold $1,350,000 · 4 bd · 3 ba · 2,700 sqft · Aug 2026 · 0.4 mi JohnHart Real Estate | DRE #02032823 Buyer's agent: Roberto De La Torre, JohnHart Real Estate | DRE #02032823
17216 Parthenia: Sold $2,200,000 · 4 bd · 5 ba · 4,369 sqft · Aug 2026 · 0.4 mi Broker John Habashy | DRE #01969431 Buyer's agent: Jasleen Chadha, Park Regency Realty | DRE #02189433
17441 Rayen Street: Sold $1,615,000 · 4 bd · 3 ba · 3,107 sqft · Jul 2026 · 0.5 mi JohnHart Real Estate | DRE #01852689 Buyer's agent: Carmelo Ferreira, JohnHart Real Estate | DRE #00909949
17904 Acre Street: Sold $1,480,000 · 4 bd · 3 ba · 2,834 sqft · Jul 2026 · 0.5 mi Remax Dream Properties | DRE #01400433 Buyer's agent: Vahe Saginian, Markarian Realty | DRE #01835676
17241 Roscoe 16: Sold $575,000 · 3 bd · 3 ba · 1,612 sqft · Aug 2026 · 0.5 mi Dean Enterprises Incorporated | DRE #01916370 Buyer's agent: Julie Valadez-Ortiz, COLDWELL BANKER REALTY | DRE #02094645
Based on information from the California Regional Multiple Listing Service, Inc. as of 10/14/2026 11:03 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.
Listed by: Moses Commercial, Inc
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.