$2,499,000
- Beds
- 12
- Baths
- 12.0
- sq ft
- 6,470
8556 Newcastle Ave, Northridge, CA 91325
8556 Newcastle Ave
Northridge, CA 91325
- 42 days on market
Incredible new build - 11 bedroom - 11 bath main residence plus studio guest house with bath and kitchenette. Built in 2019 for the special purpose use of elderly care, it is now being used as a sober living facility. The tenant is on a month to month lease but would love to stay and pay. Current rent is $13,500 plus NNN . This makes the asset a 6.5 Cap rate day one with no owner responsibilities ! This would also make for a lovely multi- generational family home. All rooms have private baths and closets and the yard is huge with beautiful grounds including nice patio , a large full sports court and expansive fire pit area with lawn. This private home is gated and sits on a cul-de-sac. Wonderful kitchen area with large pantry and a private laundry room. Potential uses include: primary residence, student housing, fraternity/sorority house, elderly care/assisted living, nursing care, hospice care, sober living.
Details
Property type
Single Family Residence
Lot size
0.5552 acres
Price per sq ft
$387
Year built
2018
HOA
No
Price History
05/24/2024
CLAW #24396101
Listed
$2,499,000
+42.8%
04/02/2021
CLAW #20545070
Sold
$1,750,000
Schools & Community
Neighborhood:
Northridge
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
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Status: Active
Tomo last checked: 07/05/2024 at 6:30 PM
Listing updated: 06/01/2024 at 5:44 AM
Listed by: Alex Galuz, Keller Williams Realty Calabasas Phone #: (818) 657-6500
MLS: CLAW #24396101
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