3914 Braewood Court, Tarzana, CA 91356

$3,150,000
5
BD
4
BA
3,602
SqFt

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Listing courtesy of Listing Agent: Shane Moses (Shane@mosescommercial.com) from Listing Office: Moses Commercial, Inc.

List Price
$3,150,000
Status
ACTIVE
Days on Market
13
MLS#
26101998
Subtype
Residential
Year Built
1974
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
3,602
Lot Size
44,712
Acres
1.03
MLS Area Major
Tarzana (TAR)

Property Description

Rare investment opportunity in the desirable Braemar neighborhood of Tarzana, offered exclusively as part of a Southern California Behavioral Health Real Estate Portfolio. Situated on an expansive 1.03-acre lot in a private cul-de-sac, this 3,602 SF, 5-bedroom, 4-bathroom residence was extensively remodeled in 20222023 and features a swimming pool, spa, and golf course views. Currently operating as a licensed 6-bed residential treatment facility, the property 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. Allocated annual rental income of $252,000, representing an 8.00% cap rate on the property's allocated portfolio value. The complete portfolio includes 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.

Additional Information

Interior Features
Walk-In Closet(s)
Zoning
LARA
Flooring
Carpet, Wood
Appliances
Dishwasher, Microwave, Refrigerator
Heating
Central
Air Conditioning
Yes
Stories
Two Levels
Levels
Two
Pool Type
In Ground, Solar Heat
Parking Features
Door-Multi, Garage, Paved
View
Golf Course

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.