5710 E La Palma Ave - Senior Housing FOR SALE


Anaheim, CA 92807
$22,000,000 USD
310-704-9109
5710 E La Palma Ave, Anaheim, CA for Sale
$22,000,000 USD
Senior Housing - FOR SALE
1/1
null | Request Cap Rate

5710 E La Palma Ave
Anaheim, CA 92807


HIGHLIGHTS

  • 60,312 SF building with 118 units - Excellent Freeway Visibility off of Imperial Highway and La Palma Ave
  • Large 2.99 Acre Lot across the street from CVS, Carls Junior, In-Out, McDonalds, Chipotle and other Retailers
  • Nearby Hospitals for Senior Care
  • Cooperative Local Government
  • Seller is familiar with the Conversion Process

OVERVIEW

PRICE IMPROVEMENT TO $22,000,000 from $25,070,000.- January 2025 The Senior Living Facilities Conversion is an opportunity to convert the existing Hotel into an alternative use. Senior Living Facilities per the Current Municipal Code require a State-licensed Operator for Seniors over 60 Years Old that may Include the following; Independent Living Assisted Living Memory Living Care Skilled Nursing Continuing Care Retirement Community Memory Living Care Skilled Nursing Continuing Care Retirement Community Please note that in a recent meeting with the City Councilperson, the potential project was received well and she looks forward to working with a buyer to convert the property. All property showings are to be coordinated through the Listing Agent at 310-704-9109

FOR SALE DETAILS

PRICE

$22,000,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Senior Living Conversion - Well Located OC

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Senior Housing

ADD'L SUBTYPES

Assisted Living, Continuing Care Retirement Com, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

2.99 AC

LAND SF

130,228 SF

ZONING

DA - 5

APN/PARCEL ID

349-081-70

ASK ABOUT THIS PROPERTY

Luis VazquezSPERRYMore Info
310-704-9109

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Luis VazquezSPERRYMore Info
310-704-9109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.