Single-family home · 4 recorded sales since 2012
Listing Agent: Tony Morrison (DRE #01346460) · Listing Office: Lantern Bay Realty · Contact: 949-661-6441 · Bought with: Tony Morrison · Lantern Bay Realty · MLS #OC21251907 · Source: CRMLS
Rare updated/upgraded turnkey 3 Bed 2 Bath 6 bed Licensed California Healthcare Facility. Tenant has 8 more years left on a Double Net Lease with two 5 year options. Landlord Responsible for Roof and Structure. 3% Annual Increases in Rent Starts on March 2022. Current NOI is $55,104 giving an investor a 6.12 cap rate at the asking price of $900,000.
Listing description from the February 2022 sale, as reported to CRMLS.