22445 Vanowen St, West Hills, California 91307, West Hills, 91307 - 6 bed, 3 bath
ACTIVE$2,000,000$1,870/sqft
Est. Value: $1,657,772
-17%
AboveEstimate
22445 Vanowen St, West Hills, California 91307
6Beds
3Baths
1,870Sqft
8,402Lot
Price Vs. Estimate
The estimated value ($1,657,771.585) is $342,228.415 (17%) lower than the list price ($2,000,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8402, living area = 1870.
Top Cons:
Significant Price-to-Value Discrepancy: The listing price of $2,000,000 is substantially above the estimated property value of $1,657,771, suggesting potential overpricing or a valuation that doesn't fully account for the business component.
Compared to the nearby listings
Price:$2.00M vs avg $1.05M (+$950,000)93%
Size:1,870 sqft vs avg 1,822.5 sqft51%
Price/sqft:$1.1K vs avg $59299%
More Insights
Built in 1960 (66 years old).
Condition: Built in 1960, this property has undergone some updates, including newer windows, wood-look laminate flooring, and stainless steel kitchen appliances. The kitchen also features recessed lighting. However, the kitchen cabinets and countertops appear dated, likely from a renovation 15-25 years ago, rather than a recent modern update. While described as 'well-maintained' and 'turnkey' for its specific use as a hospice facility, the property analysis also notes 'aging infrastructure.' The overall condition suggests functionality with regular upkeep, but key areas like the kitchen show signs of being outdated and would require minor aesthetic updates to meet current standards. No bathroom images were provided, but based on the kitchen, they are likely functional but not recently renovated.
Year Built
1960
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$1,070
HOA
-
Days on market
-
Sold On
-
MLS number
SR25101740
Home ConditionFair
Features
Pool
Patio
ViewPool
About this home
Residential Care facility for Hospice A turnkey hospice facility with property is now available for sale. This Fully Licensed and permitted establishment is ideal for investors or health care provider looking to expand operations. the facility is well-maintained compliant with regulation and situated in a desirable location.
S
Safi Noorzad
Listing Agent
Condition Rating
Fair
Built in 1960, this property has undergone some updates, including newer windows, wood-look laminate flooring, and stainless steel kitchen appliances. The kitchen also features recessed lighting. However, the kitchen cabinets and countertops appear dated, likely from a renovation 15-25 years ago, rather than a recent modern update. While described as 'well-maintained' and 'turnkey' for its specific use as a hospice facility, the property analysis also notes 'aging infrastructure.' The overall condition suggests functionality with regular upkeep, but key areas like the kitchen show signs of being outdated and would require minor aesthetic updates to meet current standards. No bathroom images were provided, but based on the kitchen, they are likely functional but not recently renovated.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8402, living area = 1870.
Turnkey Business Operation: The property is offered as a fully operational and ready-to-go hospice facility, eliminating the complexities and delays associated with establishing a new business.
Fully Licensed and Permitted: All necessary licenses and permits for a residential care facility are in place, providing immediate operational legality and significant value to a healthcare provider.
Established Niche Market: Caters to the growing demand for hospice care, offering a specialized and potentially stable revenue stream for investors or healthcare operators.
Well-Maintained and Regulation Compliant: The facility is described as well-maintained and compliant with regulations, minimizing immediate capital expenditure and operational risks for a new owner.
Desirable West Hills Location: Situated in a sought-after West Hills neighborhood, enhancing its appeal for residents, staff, and overall property value.
Cons
Significant Price-to-Value Discrepancy: The listing price of $2,000,000 is substantially above the estimated property value of $1,657,771, suggesting potential overpricing or a valuation that doesn't fully account for the business component.
Limited Buyer Pool: The highly specialized nature as a hospice facility restricts potential buyers primarily to healthcare investors or operators, potentially extending the marketing period.
Aging Infrastructure: While maintained, the 1960 construction year may imply older systems and components that could necessitate future upgrades or higher maintenance costs compared to newer facilities.