823 Towne Street

Costa Mesa, California 92627


  • Property Details

    A rare chance to own a brand new Congregate Living Health Care Facility (CLHF) in a prime location. Virtually no competition as there are only 7 of these in all of OC, and none in the area. This offering is an approved model for Skilled Nursing Level of care in a residential setting. Strategically located in Costa Mesa near Hoag Hospital and the multitude of the areas medical services. This facility is currently licensed as a 6 bed CLHF. All required licenses and permits are in place and the facility is now ready to admit patients.The business component of this offering is being sold for$470K, Incredible income is received from Medicare or private insurance as reimbursement rates can be as high as $800 - $1,000 per day! This Facility has 6 large private rooms and can generate a gross monthly income of up to $150,000, resulting in yearly revenues of approximately $1.8M. The Real Estate included in this transaction is being sold for $990,000 and has just been completely renovated...
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  • Additional Property Information

    This listing is located at 823 Towne Street, Costa Mesa, CA. The property is currently availible for $1,470,000.

    This property is presented by Gregg Perrah of First Team Real Estate located in California.

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