AvantGarde Senior Living 

 Tarzana, CA | La Jolla, CA

Portfolio Asking Price


Portfolio Cap Rate


Icon-Zero Cash Flow


$5.4M NOI



205 Beds



95%+ Occupied



High Income Areas

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  • Substantial Cashflow with Upside | Combined, the sites currently generate over $5.4 million in net operating income, with immediate rental growth anticipated from leasing out the 22 additional beds at the Tarzana site. 
  • Significant Infrastructure Improvements | Since 2014, both sites have undergone significant infrastructure improvements and extensive floor to ceiling renovations, covering everything from the foundation to the roof.
  • Approval of New Beds | 22 new beds are expected to be approved in July 2024, which is set to increase capacity by over 15% at the Tarzana location.
  • High Demand Outweighs Supply | Increasing retirement aged population continues to drive demand for independent retirement and assisted living communities, a trend that is expected to continue.
  • Strong Occupancy | Both sites are consistently 95%+ occupied and are quickly backfilled if any vacancies come up.
  • Recent Assisted Living Waiver (ALW) Rate Increase 2024 | California Program for operators of Assisted Living communities has increased, causing an immediate positive impact to bottom line without impacting expenses.
  • Prime Location | Tarzana and La Jolla are high-density, wealthy Southern California real estate markets with a high barrier to entry.
  • Established Reputation | AvantGarde is widely recognized as the pinnacle of full-service luxury retirement communities.

Exclusively Listed By

Daniel Vazquez

Senior Associate
  dvazquez@northmarq.com      310.998.7060
CA LIC #02150828

Anthony Cohen

Vice President
  acohen@northmarq.com      310.456.4853
CA LIC #02097395

Logan Carbonari

Associate Vice President
  lcarbonari@northmarq.com      617.515.5057
CA LIC #02058241

Milo Spector
Broker of Record
CA LIC # 01959211


10960 Wilshire Blvd, Suite 1405
Los Angeles, CA 90024