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17516 17514 Raymer Street, Northridge, CA 91325

Northridge
Local realty services provided by:CENTURY 21 Coastal Properties
17516 17514 Raymer Street,Northridge, CA 91325
$3,825,000
  • 9 Beds
  • 6 Baths
  • 4,761 sq. ft.
  • Single family
  • Active
Listed by: shane moses
Office: moses commercial, inc972-467-6536
MLS#:26102003
Source:CRMLS

Price summary

  • Price:$3,825,000
  • Price per sq. ft.:$803.4

About this home

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:...

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Home facts

  • Year built:1952
  • Listing ID #:26102003
  • Added:9 day(s) ago
  • Updated:October 24, 2026 at 11:28 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Vinyl
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Living area:4,761 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1952
  • Building area:4,761 sq. ft.
  • Lot area:0.69 Acres
  • Exterior Features:FirePit
  • Levels:1 Story

Finances and disclosures

  • Price:$3,825,000
  • Price per sq. ft.:$803.4

Features and amenities

  • Appliances:Dishwasher
  • Laundry features:Inside
  • Amenities:Fire Pit
  • Pool features:In Ground

Parking

  • Parking description:Door-Multi, Garage
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