8556 Newcastle Avenue

Northridge, CA 91325

$2,499,000

Listed Price
12

bed Beds

12

shower Baths

6,470 sqft

straighten $386 / sqft

2018

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms 12
Bathroom Information
Bathrooms 12
Flooring Information
Material Vinyl
Fireplace Information
Features None
Interior Information
Cooling Type Central Air

Listing Information

Address 8556 Newcastle Avenue
City Northridge
State CA
Zip 91325
County Los Angeles
Listing Agent Alex Galuz DRE#01291486
Courtesy Of Keller Williams Realty Calabasas
MLS 24396101
List Price $2,499,000
Status Active
Type Residential
Subtype Single Family Residence
Structure Size 6,470
Lot Size 24,185
Year Built 2018
DOM 8

Exterior Information

Other Structures
Structures Guest House
View Yes

Maps

Listing information courtesy of: Alex Galuz, Keller Williams Realty Calabasas . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 1st, 2024 at 5:35 AM 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.