10204 Gerald Ave North Hills, CA 91343
North Hills NeighborhoodEstimated payment $9,263/month
Highlights
- Solar Power System
- Wood Flooring
- Converted Garage
- Mayall Street Elementary School Rated A-
- Private Yard
- Laundry Room
About This Home
Turn-Key 6-Bed Licensed RCFE + Real Estate – Fully Occupied – $21K Monthly Gross – Seller is motivated – facility is operating at full occupancy – serious offers encouraged. Ready-to-operate from Day 1. Licensed Residential Care Facility for the Elderly (RCFE) operating since 2006, offered turn-key with business, furnishings, appliances, and operational protocols included. Can also be converted to Congregate Living for higher income potential. Seller has already done all the hard work of setting up a compliant, high-performing facility.
This single-story home offers approximately 1,830 sq. ft. of living space on a 6,911 sq. ft. lot in a desirable North Hills neighborhood. The floor plan includes 4 bedrooms and 2 bathrooms plus 2 additional bedrooms and 1 bathroom from a permitted garage conversion, complete with licensed interior fire sprinkler system throughout and laundry area.
Property features include a solar power system, full camera monitoring for security, a covered patio, and a dedicated dirty kitchen area for staff use. Facility operates at full occupancy, providing comprehensive care services: meals, medication management, bathing assistance, transportation, and housekeeping. Low operating expenses, strong resident retention, and stable staffing make this a high-value opportunity.
Recent updates include kitchen counters, bathroom renovations, and new flooring. Conveniently located near the 118 and 405 freeways, shopping centers, and community services. Sale includes all operational equipment, furniture, and care protocols. Caregivers are willing to stay post-sale to ensure a smooth transition.
Listing Agent
Cinema Real Estate Brokerage Phone: 818-403-0611 License #02123446 Listed on: 07/31/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,811
Year Built
- Built in 1960
Lot Details
- 6,914 Sq Ft Lot
- Wrought Iron Fence
- Landscaped
- Sprinkler System
- Private Yard
- Lawn
- Back and Front Yard
- Density is up to 1 Unit/Acre
- Property is zoned LARS
Home Design
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 1,830 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Fire Sprinkler System
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Attached Carport Spaces
- Converted Garage
- Parking Available
- Private Parking
- Auto Driveway Gate
- Controlled Entrance
Outdoor Features
- Exterior Lighting
- Outdoor Grill
Additional Features
- More Than Two Accessible Exits
- Solar Power System
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 44
- Tax Tract Number 18699
- Assessor Parcel Number 2685016004
- $327 per year additional tax assessments
Community Details
Recreation
- Bike Trail
Building Details
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,811 | $806,269 | $645,020 | $161,249 |
| 2024 | $9,811 | $790,461 | $632,373 | $158,088 |
| 2023 | $9,622 | $774,963 | $619,974 | $154,989 |
| 2022 | $9,176 | $759,768 | $607,818 | $151,950 |
| 2021 | $8,898 | $731,000 | $585,000 | $146,000 |
| 2020 | $8,345 | $670,000 | $536,000 | $134,000 |
| 2019 | $7,549 | $617,000 | $494,000 | $123,000 |
| 2018 | $7,158 | $582,000 | $466,000 | $116,000 |
| 2017 | $6,313 | $513,000 | $411,000 | $102,000 |
| 2016 | $6,280 | $513,000 | $411,000 | $102,000 |
| 2015 | $6,281 | $513,000 | $411,000 | $102,000 |
| 2014 | $6,063 | $483,000 | $387,000 | $96,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Price Changed | $1,599,000 | -15.8% | $874 / Sq Ft |
| 08/14/2025 08/14/25 | Price Changed | $1,899,900 | -24.0% | $1,038 / Sq Ft |
| 07/31/2025 07/31/25 | For Sale | $2,499,900 | -- | $1,366 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | American Coast Title | |
| Grant Deed | $165,000 | First American Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $472,000 | Unknown | |
| Previous Owner | $118,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $49,000 | Credit Line Revolving | |
| Previous Owner | $392,000 | New Conventional | |
| Previous Owner | $256,000 | Unknown | |
| Previous Owner | $167,500 | No Value Available | |
| Previous Owner | $169,502 | FHA | |
| Previous Owner | $171,559 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25172941
APN: 2685-016-004
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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