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5710 E La Palma Ave - Anaheim Hills Senior Living Conversion

60,312 SF Health Care Building Offered at $35,535,972 CAD in Anaheim, CA 92807

Investment Highlights

  • 60,312 SF building with 118 units - Excellent Freeway Visibility off of Imperial Highway and La Palma Ave
  • Nearby Hospitals for Senior Care
  • Seller is familiar with the Conversion Process
  • Large 2.99 Acre Lot across the street from CVS, Carls Junior, In-Out, McDonalds, Chipotle and other Retailers
  • Cooperative Local Government

Executive Summary

The Senior Living Facilities Conversion is an opportunity to convert the existing Hotel into an alternative use.
Senior Living Facilities per the Current Municipal Code require a State-licensed Operator for Seniors over 60 Years Old that may Include the following;
Independent Living
Assisted Living
Memory Living Care
Skilled Nursing
Continuing Care Retirement Community
Memory Living Care
Skilled Nursing
Continuing Care Retirement Community
Please note that in a recent meeting with the City Councilperson, the potential project was received well and that she looks forward to working with a buyer to convert the property.
All property showings are to be coordinated through the Listing Agent at 310-704-9109

Property Facts

Price $35,535,972 CAD
Price Per Bed $301,152 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Health Care
Property Subtype
Congregate Senior Housing
  • Healthcare Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Skilled Nursing Facility
Building Class C
Lot Size 2.99 AC
Construction Status Proposed
Building Size 60,312 SF
No. Beds 118
No. Stories 2
Parking Ratio 2.32/1,000 SF
Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
349-081-70
Land Assessment
$16,030,972 CAD
Improvements Assessment
$1,325,906 CAD
Total Assessment
$17,356,877 CAD

zoning

Zoning Code DA - 5 (The property located at 5710 E La Palma Avenue is within the General Commercial Development Area (DA 5) of the Anaheim Canyon Specific Plan)
DA - 5 (The property located at 5710 E La Palma Avenue is within the General Commercial Development Area (DA 5) of the Anaheim Canyon Specific Plan)
  • Listing ID: 31965920

  • Date on Market: 2024-05-30

  • Last Updated:

  • Address: 5710 E La Palma Ave, Anaheim, CA 92807

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