5415 Newcastle AVE Active

Encino,CA 91316

$ 15750000

32 Beds

28 Baths

71765 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 71,765 sqft

Price per Sqft $219

MLS Listing ID 24445521

Bedrooms 32

Year Built 1964

Lot Size 1.401 Acres

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 Enc - Encino

Zoning LAR3

Building

Story 3

New Construction No

Others

Special Listing Condition Standard

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