$15,750,000
 $84,549 forsale estimated payment Sourced by Back At You

5415 Newcastle Avenue , Encino, CA 91316

Encino, CA 91316

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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.

Details

Mls24445521
Listing TypeFor Sale
SubtypeResale
StatusActive
Year1964
Days On Site77
Listing Provided ByMatthews Real Estate Investment Services 866-889-0550 | Daniel Withers

Features

Beds32
Baths28
Sq Feet71,765
Storys3
Units66
Buildings1
ZoningLAR3
Acreage1.40

Market Activity 91316

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityEncino
Zip Code91316
AreaENC Encino
Listing VS Median (in 91316)
Price:
$15,750,000
low | high
Med:
$584,475
100% of Average
SqFt:
71,765
low | high
Med:
1,467
100% of Average
$ / SqFt:
$219
low | high
Med:
$401
32.772954000041% of Average
On Site:
77
low | high
Med:
117.000000
65.811965811966% of Average
Sourced by Back At You
Listing Updated: December 5, 2024 at 8:23:46 AM PST
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