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14-bed RCFE Facility for Sale

 

Los Angeles County, CA

Business Description

Assisted Living Waiver (ALW) Medi-Cal Provider

The business was established in 2020 and currently has 8 residents (7 private pay, 1 ALW). The facility grosses 32k/month on average. There are two vacancies, both in shared rooms. There is also one room being used for a live in caregiver that could be converted to a private room for a total of 3 additional residents. The lot size is 7000sq ft and there is potential for expansion. The facility has a hospice waiver for 6 and approval for restricted health conditions.
The owner prefers to lease the facility for $7k/month but will consider selling the property as well. Term of lease is flexible and business price is open to negotiation.