25420 Sheffield Lane

    Saugus, CA 91350
    • $625,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: OC19204366
    UPDATED: 78 min ago
    $625,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,410
      SQFT
    • $443
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:

    School Ratings & Info

    Description

    Rare (only 1 other of this type of use in Santa Clarita) Turnkey licensed 6 bed residential home with over $100,000 of equipment and furnishings included with sale of the business at the asking price of $200,000. Real Estate is available for sale, asking price of $625,000. Lease price is $6500 per month on initial 2 year lease with four 2 year options and with 2% increases. Landlord/Current Provider is offering business financing with 20% down at 10% interest for 5 years only on the business. Incredible opportunity for an operator who does not want to wait 6-12 months obtaining a license and spending well over $350,000 to start this particular type of business. Income is pro-forma based upon other similar operations within LA County.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-20T19:49:20.35. 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 deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/98332140

    25420 Sheffield Lane Saugus, CA 91350

    • Price: $625,000
    • Status: Active
    • Updated: 78 min ago
    • ID#: OC19204366
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,410
    SQFT
    $443
    $/SQFT
    1987
    Built
    Neighborhood:
    CJRC - Circle J Ranch
    County:
    Los Angeles
    Area:
    CJRC - Circle J Ranch
    Property Description
    Rare (only 1 other of this type of use in Santa Clarita) Turnkey licensed 6 bed residential home with over $100,000 of equipment and furnishings included with sale of the business at the asking price of $200,000. Real Estate is available for sale, asking price of $625,000. Lease price is $6500 per month on initial 2 year lease with four 2 year options and with 2% increases. Landlord/Current Provider is offering business financing with 20% down at 10% interest for 5 years only on the business. Incredible opportunity for an operator who does not want to wait 6-12 months obtaining a license and spending well over $350,000 to start this particular type of business. Income is pro-forma based upon other similar operations within LA County.
    Exterior Features

    Lot Features Level Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features In Garage Office Class B

    Property Features

    Additional Parcels YN No Asset Class Office Building Area Units Square Feet Building Status Existing Business Type Medical Cap Rate 25.00 Country Us Effective Gross 0 Gross Scheduled Income 1200000.00 Investment Property YN Yes Land Lease YN No Laundry Income 0.00 Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 710000.00 Operating Expense 490000.00 Other Income1 0.00 Property Sub Type Office Special Listing Conditions Standard Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Source Public

    Listing provided courtesy of Tony Morrison of Lantern Bay Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-20T19:49:20.35. 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 deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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