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20336 Cantara St

4,101 SF Health Care Building Offered at £1,709,358 at a 6.10% Net Initial Yield in Winnetka, CA 91306

Executive Summary

Open House Sunday 12/20/2024 2PM - 5PM. This versatile property presents an outstanding opportunity for various uses, including multifamily living, student housing, sober living, fraternity/sorority accommodations, elderly care, or assisted and nursing care facilities. Comprising four distinct units, the property features open-concept living spaces bathed in natural light. Each unit boasts European-style cabinetry, quartz countertops, sleek modern finishes, recessed lighting, and premium appliances such as a dishwasher, hood, and stove, ensuring both style and functionality. Property have fully paid-off solar panels, offering sustainable living and reduced energy costs. ### Unit Breakdown: Unit 1: A spacious 4-bedroom, 2-bathroom home, offering 1,726 sq ft of beautifully remodeled living space (2024). - Unit 2: A thoughtfully designed 2-bedroom, 2-bathroom two-story unit(1 bed/1 bath per floor), spanning approximately 800 sq ft. - Unit 3: A well-planned 3-bedroom, 2-bathroom two-story unit (1 bed/1 bath downstairs, 2 beds/1 bath upstairs), covering approximately 1,200 sq ft. - Unit 4: A modern and efficient 1-bedroom, 1-bathroom unit, perfectly sized at 365 sq ft. This property is a **rare investment opportunity**, offering a multi-functional layout, contemporary design, generous parking, and high-end finishes. Don't miss your chance to own this exceptional property! Please email all offers to LA.TOPREALTORS@GMAIL.COM with the POF and Lender Pre Approval letter. Broker/agent does not guarantee the accuracy of square footage, lot size, ordinances, zoning, rent control, permits, use code, schools, and or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyers are advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Fireplace is decorative.

Property Facts

Price £1,709,358
Price Per Bed £170,936
Sale Type Investment
Net Initial Yield 6.10%
Property Type Health Care
Property Subtype Rehabilitation Centre
Lot Size 0.22 AC
Building Size 4,101 SF
No. Beds 10
Number of Floors 2
Year Built/Renovated 1954/2024
Parking Ratio 0.98/1,000 SF

Room Mix Information

Description No. Beds
UNIT 1 2
UNIT 2 2
UNIT 3 2
UNIT 4 1

zoning

Zoning Code LARS (Residential Suburban)
LARS (Residential Suburban)
  • Listing ID: 34261002

  • Date on Market: 20/12/2024

  • Last Updated:

  • Address: 20336 Cantara St, Winnetka, CA 91306

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