Encino, CA 91316,5415 Newcastle Ave
Encino, CA 91316,5415 Newcastle Ave
Encino, CA 91316,5415 Newcastle Ave
8
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$16,750,000
Est. payment /mo
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32 BD
28 BA
71,765 SqFt
Price Dropped by $750K

5415 Newcastle Ave Encino, CA 91316

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UPDATED:

10/25/2024 08:12 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 71,765 sqft

Price per Sqft $233

MLS Listing ID 24-445521

Bedrooms 32

Year Built 1964

Lot Size 1.401 Acres

Acres 1.4011

Property Description

Newcastle Towers Apartments is a 66 apartment complex located at 5415 Newcastle Ave in the beautiful residential neighborhood of Encino, California. Constructed in 1964, this charming property showcases a distinctive unit mix, featuring (4) welcoming onebedroom, one-bath units, (56) cozy two-bedroom, one-and-a-half-bath units, and (6) three spacious bedroom, three-bath units. Property is also equipped with solar panels which is tied to heating of the hot water. Meticulously maintained over the years, the property exudes a timeless appeal and offers ample amenities for residents. In addition to convenient street parking, the property also provides 66 tuck under and carport parking spaces situated at the rear, ensuring residents' comfort and convenience. The property also features a pool, onsite laundry, and solar panels which are tied to the heating of the hot water. With its prime location and wellappointed features, 5415 Newcastle Ave presents an exceptional opportunity for both investors and tenants alike.

Location

State CA

County Los Angeles

Area Encino

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Garage Other

Garage Spaces 66.0

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services

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Chance Vanek

Agent | RE.S.0066702

+1(702) 305-3777

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5415 Newcastle Ave