5415 Newcastle Avenue

Encino, CA 91316 Active for $17,500,000
 


Beds: 32  Baths: 28  Structure Size: 71,765 sqft  Lot Size: 61,034 sqft


Property Facts
MLS 24445521
Year Built 1964
Property Type
County Los Angeles
Status Active
Active $17,500,000
Structure Size 71,765 sqft
Lot Size 61,034 sqft
Beds 32
Baths 28

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-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.

Listing information courtesy of: Daniel Withers, Matthews Real Estate Investment Services . *Based on information from the Association of REALTORS/Multiple Listing as of 10/19/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Location


Walkscore

Somewhat Walkable

67%

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