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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.
| Last Updated | 10/14/2026 | Year Built | 1974 |
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| Community | TAR - Tarzana | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
| AREA | TAR - Tarzana |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Walk-In Closet(s) |
| LOT | 1.0264 acre(s) |
| LOT DIMENSIONS | 44712 |
| PARKING | Garage, Paved |
| POOL DESCRIPTION | In Ground, Solar Heat |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | Golf Course |
Location
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