Homes for sale - 5415 Newcastle AVE, Encino, CA 91316

Robert Mitchell

Realtor - Team Lead of The Robert Mitchell Realty Group | License ID: 01338677

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$ 14,750,000

$ 15,750,000 6.3%

Est. payment | -/mo

32 Beds

28 Baths

71,765 SqFt

$ 14,750,000

$ 15,750,000 6.3%

Est. payment | -/mo

32 Beds

28 Baths

71,765 SqFt

Key Details

Sold Price $14,750,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 71,765 sqft

Price per Sqft $205

MLS Listing ID 24445521

Sold Date 02/25/25

Bedrooms 32

HOA Y/N No

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

Interior

Fireplace No

Exterior

Total Parking Spaces 66

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2162002103

Special Listing Condition Standard

Listed by Daniel Withers • Matthews Real Estate Investment Services
Bought with Subscriber Non • Non-Participant Office

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 250-3442

robert@robertmitchellgroup.com

5415 Newcastle AVE Encino, CA 91316

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Key Details

Location

Interior

Exterior

Building

Others

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5415 Newcastle AVE