Isabel Corral Rocha

Beautiful single story home nestled in the quiet Yorba Linda neighborhood. Property sits on a large lot, larger than most properties in the area. Home consists of 4 bedrooms, 2 baths and is currently used as a residential care facility for the elderly. Property does have solar (leased) and tenant pays monthly payments. Owner does not operate the business and currently leases the property for $4000 a month to current tenant. Property has been used as a residential care facility for over 13 years. Business is not being sold. Great opportunity to purchase an investment property that has very little turn over and is very stable. Tenant is interested in extending but for those that may be interested in living in the property current lease expires July 2021.

This property is currently leased out to an operating who has a 5-year lease. Tenant is about to enter their 3rd year of the lease. Rent Caps at $9000 per month on the 5th year. Tenant has two 5-year options to extend subject to CPI increases. Great Investment property with very little to no maintenance obligations. Property was completely remodeled in 2016 and is licensed as a Congregate Living Health Facility (CLHF). Landlord was very detailed and left no stone un-turned for this remodel. Property is equipped with fire sprinklers, fire alarm system, back-up generator, nurses call system, central ethernet connections, commercial a/c and tank-less water heater system. Property consists of wide hallways, open common area, six large bedrooms, three walk-in showers and one staff restroom.

Isabel Corral Rocha

About Isabel Corral Rocha

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Recent property sales & transaction history

2 properties

Buena Park

Family Home

$900,000 to $1,100,000

2,000 ft² to 2,500 ft²

Properties for sale by listing agent Isabel Corral Rocha

$825,000

$1,200,000

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Isabel Corral Rocha

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