10204 Gerald AvenueNorth Hills (los Angeles), CA 91343
For Sale
$1,899,900
Smart Buyer Rebate $18,999
Turn-Key 6-Bed Licensed RCFE + Real Estate – Fully Occupied – $21K Monthly Gross – Seller is motivated – facility is operating at full occupancy – serious offers encouraged. Ready-to-operate from Day 1. Licensed Residential Care Facility for the Elderly (RCFE) operating since 2006, offered turn-key with business, furnishings, appliances, and operational protocols included. Can also be converted to Congregate Living for higher income potential. Seller has already done all the hard work of setting up a compliant, high-performing facility. This single-story home offers approximately 1,830 sq. ft. of living space on a 6,911 sq. ft. lot in a desirable North Hills neighborhood. The floor plan includes 4 bedrooms and 2 bathrooms plus 2 additional bedrooms and 1 bathroom from a permitted garage conversion, complete with licensed interior fire sprinkler system throughout and laundry area. Property features include a solar power system, full camera monitoring for security, a covered patio, and a dedicated dirty kitchen area for staff use. Facility operates at full occupancy, providing comprehensive care services: meals, medication management, bathing assistance, transportation, and housekeeping. Low operating expenses, strong resident retention, and stable staffing make this a hi
Listed by LaDonna Galang
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License #02123446
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Cinema Real Estate
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818-403-0611
Last updated August 15, 2025
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Source: bridgeMLS #CRSR25172941
Listing Facts
TypeMulti-family
NeighborhoodNorth Hills West
Bedrooms4
Days on Prevu38
Size1,830 sqft
Price per sqft$1,038
Amenities
Washer/Dryer
Air Conditioning
Location
Mortgage Calculator
Listing History
08/15/2025
Price Decreased
$1,899,900
07/31/2025
Listed by Cinema Real Estate
$2,499,900
Property Details for 10204 Gerald Avenue
Exterior
Construction
Number Of Units Total: 1
Year Built: 1960
Exterior Features: Back Yard, Front Yard, Other
Measurements
Building Area Total: 1,830
Lot Features: Other, Back Yard, Front Yard, Landscaped
Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.