Active

5415 Newcastle Ave

Encino CA, 91316

$15,750,000


$219.47 per sqft

Active

32 Beds

28 Baths

71,765 sqft

Multi-family

Built in 1964

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.

24-445521

MLS ID

September 26, 2024

Listed

November 22, 2024

Updated

Map

5415 Newcastle Ave
Encino CA, 91316

Interior Features

Total Stories

3


Bedrooms

32


Total Bathrooms

28


Appliances

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

1.4 Acres

Other Property Details

Area Name

Encino


Days on Market

56


Garage

No


Parking

Other


Parking Total

66


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listing History

Date

Event

Price

11/21/2024

Price change

$15,750,000

-6%

10/25/2024

Price change

$16,750,000

-5%

Listed by Daniel Withers with Matthews Real Estate Investment Services
Listing Contact: 818-923-6107 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Jonathan Ruiz | CA DRE# 01886713 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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