5415 Newcastle Avenue

Encino, CA 91316

About this property

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.

About this property

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.

Features and Additional Information

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$15,750,000 Active
71,765 SQFT

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Matthews Real Estate Investment Services 866-889-0550
1-866-889-0550
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Area Information

ENC Encino | Los Angeles County |

$ 15,750,000
This listing is play_arrow 2569.7% higher than the average in the area
$ 589,950 in the area
71,765 SqFt
This listing is play_arrow 4410.7% larger than the average in the area
1,591 SqFt in the area
$ 219 $/SqFt
This listing is play_arrow 40.8% less than the average in the area
$ 371 $/SqFt in the area
76 days on site
This listing is play_arrow 46.1% below the average in the area
141 days on site in the area

Schools in the Area

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Listed By Daniel Withers
Brokerage: Matthews Real Estate Investment Services 866-889-0550

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