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$16,750,000

Beds
32
sq ft
71,765

5415 Newcastle Ave, Encino, CA 91316

5415 Newcastle Ave

Encino, CA 91316

  • 49 days on market
    • Price drop $750,000↓
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

Property type

Lot size

1.4011 acres

Price per sq ft

$234

Year built

1964

HOA

No

Price History

10/25/2024
CLAW

CLAW #24445521

Price change
$16,750,000
-4.29%
09/26/2024
CLAW

CLAW #24445521

Listed
$17,500,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/14/2024 at 2:15 PM

Listing updated: 10/25/2024 at 1:30 PM

Listed by: Daniel Withers, Matthews Real Estate Investment Services Phone #: (866) 889-0550

MLS: CLAW #24445521

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