 
                Seller's Agent in 2023
Michelle London
Assisted Living Realty, Inc
(949) 397-4506
14 Total Sales
Estimated Value: $706,000 - $732,000
Nestled in the vibrant community of Rancho Cucamonga, this charming 3 BDR/2 BA Level 4H ARF (Adult Residential Facility) offers a unique opportunity for those seeking a warm and nurturing environment for their loved ones. While the house is appealing in its physical features, it exudes a special warmth that creates a truly inviting atmosphere. Home $675K; business 400K. In terms of business potential, this ARF boasts a gross monthly income of $40,000, catering to four Level 4h residents. 3 of 4 residents attend an adult day program. What truly sets this ARF apart is the happiness and contentment experienced by its four adult residents. The dedicated staff created a haven for individuals to thrive and lead fulfilling lives. The financial stability of this business, combined with the opportunity for growth & personalization, makes it an attractive investment for those looking to acquire their own adult residential care facility or add on to their portfolio. Prospective buyers will need to obtain the necessary licenses & certifications required. The buyer will need to secure their own facility license through the Community Care Licensing Division of the California Department of Social Services & become vendored with the Inland Regional Center. One year of previous experience working at a Level 4h ARF facility is necessary to ensure a seamless transition, continuity of care & compliance with Regional Center & Licensing requirements & regulations. Facility licenses cannot be transferred. New buyer must obtain their own facility license. Buyer must appoint an administrator by close of escrow or hold a current Administrator’s Certification. Buyer must also obtain vendorization with Inland Regional Center. All information was supplied by the seller & has not been verified by the broker. Broker makes no representation on the accuracy or completeness of the information & does not guarantee future performance of the business. It is the responsibility of a prospective buyer to consult with real estate, financial & legal counsel regarding any purchase of this real estate or business. The buyer to perform their own due diligence with respect to the real estate purchase and conduct independent inspections and other such measures to become fully informed as to the condition of the premises. All data and information, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by the broker for accuracy.
Last Agent to Sell the Property
Assisted Living Realty, Inc License #01971087 Listed on: 07/26/2023
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| The Masood H Arastu & Sabera Arastu Revo | -- | -- | |
| Arastu Masood | $125,000 | Old Republic Title Company | |
| Tatton Gregory Vance | $108,000 | Old Republic Title Company | |
| Tatton Gregory Vance | -- | Old Republic Title Company | 
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Arastu Masood | $112,450 | |
| Previous Owner | Tatton Gregory Vance | $30,000 | 
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $655,000 | -3.0% | $454 / Sq Ft | 
| 08/08/2023 08/08/23 | Pending | -- | -- | -- | 
| 08/01/2023 08/01/23 | Price Changed | $675,000 | -37.2% | $467 / Sq Ft | 
| 07/26/2023 07/26/23 | For Sale | $1,075,000 | -- | $744 / Sq Ft | 
| 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 | $6,924 | $668,100 | $234,600 | $433,500 | 
| 2024 | $6,924 | $655,000 | $230,000 | $425,000 | 
| 2023 | $2,162 | $201,725 | $70,550 | $131,175 | 
| 2022 | $2,123 | $197,770 | $69,167 | $128,603 | 
| 2021 | $2,105 | $193,892 | $67,811 | $126,081 | 
| 2020 | $2,068 | $191,904 | $67,116 | $124,788 | 
| 2019 | $2,057 | $188,141 | $65,800 | $122,341 | 
| 2018 | $2,006 | $184,452 | $64,510 | $119,942 | 
| 2017 | $1,933 | $180,835 | $63,245 | $117,590 | 
| 2016 | $1,909 | $177,289 | $62,005 | $115,284 | 
| 2015 | $1,896 | $174,626 | $61,074 | $113,552 | 
| 2014 | $1,838 | $171,206 | $59,878 | $111,328 | 
 
                Seller's Agent in 2023
Michelle London
Assisted Living Realty, Inc
(949) 397-4506
14 Total Sales
 
                Seller Co-Listing Agent in 2023
Melvyn Richardson
Assisted Living Realty, Inc
(949) 500-3630
11 Total Sales
N
Buyer's Agent in 2023
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,978 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23138236
 
					APN: 0209-291-05