Active

5415 Newcastle Avenue

Encino CA, 91316

$15,750,000


$219.47 per sqft

Active

32 Beds

28 Baths

71,765 sqft

Residential

Built in 1964

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

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.

24445521

MLS ID

September 26, 2024

Listed

December 5, 2024

Updated

Map

5415 Newcastle Avenue
Encino CA, 91316

Interior Features

Total Stories

3


Bedrooms

32


Total Bathrooms

28


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.4 Acres

Other Property Details

Area Name

ENC - Encino


Days on Market

69


Garage

No


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%

Listing Contact: 866-889-0550 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 9:22 AM UTC

 

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