HOT Restricted Address WOODLAND HILLS, CA 91367

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Description

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

This home is licensed and was built-out as a Residential Care Facility for the Elderly (RCFE). All interested buyers should understand the RCFE business model and have an RCFE Administrators license in place. This is not a conventional residential sale - please call to inquire on any specifics. This transaction for this property will also involve a second transaction for the business that is housed on the property. Business will be sold separately for $150,000. This is a California Department of Social Services (CA DSS) licensed 6-bed Residential Care Facility for the Elderly (RCFE). This RCFE comes with many upgrades to include permitted egress in most of the rooms, ramps at all entrances, curb-less showers, AC units in each room, a separate caregiver room and solar panels. Furthermore, there are multiple outdoor patio areas with gazebos for the residents and their family members to enjoy. Note: There is a 20-year lease (with an option to buy) on the solar panels. Note: All rooms have their own air conditioning units; main unit is inoperable. Home will be sold - as is.

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