Location! Income! Stable Investment This gorgeous 4 beds 4 baths, 3,274 square foot house sits on a 9,141 square foot lot in one of the high-end neighborhood of Fullerton with very high rating schools near by, including Sunny Hills High School, D. Russell Parks Junior High School and Sunset Lane Elementary School. It is currently operating as an assisted living for elderly home (Residential Care Facility for Elderly - RCFE) and generating ~$24,000 gross income a month or ~$280,000 a year. The facility has been approved for the Medi-Cal Waivers program by the Department of Health Care Services, thus it's 6 beds always filled up fast! This is a perfect investment opportunity for RCFE operators/owners who look to both operate and live in the house at the same time. In addition, the guest house is currently leased by a long-term tenant at rate ~$1,100/month, generating an additional $13,200/year. Important: The business opportunity is sold separately at the same time with the real estate
Listing courtesy of Sam Vong from A-Med Realty Group
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