ID#005530     Approximated Beds/Units: 205/128    Locations:  San Diego and Los Angeles

Another firm is pleased to introduce this rare opportunity to own 2 (two) Luxury Assisted Living campuses in two of the most well-known, high-income communities in California – La Jolla (11,049 SF), and Tarzana (67,900 SF). Both properties are state-of-the-art, having received substantial renovations within the last 10 years, and are fully staffed and operational, with in-place management teams. The full-service retirement communities are a combined 183 beds across 128 high-end units with an additional 22-bed licenses nearly fully approved. The assets remain at 95%+ occupancy, providing an investor with over $5.4 million in net operating income immediately upon purchase, while still offering upside for a value-add investor with anticipated revenue growth to hit 7.19% in 2025 and 4.34% in 2026 at the Tarzana location. In addition to the high-quality services for basic living needs, residents can take advantage of the many additional on-site amenities, including on-site restaurants, personal services, exercise centers and even putting greens. Residents also enjoy an on-site, ADA-compliant luxury transportation program for outings.

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San Diego and L.A. 2 facilities $70M ID#005530

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