Los Angeles Turnkey Assisted Living Facility
Rare opportunity to own a prime Assisted Living Facility in Los Angeles, California. Location, location, location!
Located in an affluent neighborhood
Part of the ALW Program for a very long time
Owned and operated for 40 years
This very successful ALF has been in business for 40 years.
Current owner operated.
The owner wants to retire and turn this property over to the right next owner.
The facility is licensed for 120 beds and currently operating with 101 beds.
There are 60 rooms, mostly all suites.
Revenues are derived from the coveted MediCal (Medicaid) Waiver program along with Medicare and private insurance payer sources.
The owner will stay on for 6 months to a year if the buyer wants this for transition.
The owner is happy to share further information with prospective buyers, however, with up front conditions.
The owner will first need to approve the buyer's profile and ability to purchase.
The owner has had too many "buyers" who eventually did not have financially capability.
Owner also wants the requires that the buyer contribute equally to commissions (2.00% paid by the seller and 2.00% paid by the buyer)
The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.