8556 Newcastle Avenue, Northridge, CA 91325
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Listed Price :
$2,499,000
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Beds :
12
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Baths :
12
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Property Size :
6,470 sqft
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Year Built :
2018
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
Laundry Information |
Location(s) |
Inside, Laundry Room |
Bedroom Information |
Bedrooms |
12 |
Bathroom Information |
Bathrooms |
12 |
Flooring Information |
Material |
Vinyl |
Interior Information |
Features |
Walk-In Closet(s) |
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 |
List Price |
$2,499,000 |
Status |
Pending |
Type |
Residential |
Subtype |
Single Family Residence |
Structure Size |
6,470 |
Lot Size |
24,185 |
Year Built |
2018 |
Listing information courtesy of: Alex Galuz, Keller Williams Realty Calabasas. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:27 PM 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.