Pending
8556 Newcastle Ave
Northridge CA, 91325
$2,499,000
$386.24 per sqft
Pending
12 Beds
12 Baths
6,470 sqft
Residential
Built in 2018
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.
24-396101
MLSⓇ ID
May 24, 2024
Listed
September 13, 2024
Updated
Map
8556 Newcastle Ave
Northridge CA, 91325
Interior Features
Total Stories
2
Bedrooms
12
Total Bathrooms
12
Full Bathrooms
12
Appliances
Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Solar Panels, Refrigerator, Range/Oven
Laundry Description
Inside, Laundry Area, Room
Floor Description
Vinyl
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Air Conditioning, Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.56 Acres
Architectual Style
Modern
Roof
Composition, Shingle
Other Property Details
Area Name
Northridge
Days on Market
83
Garage
Yes
Garage Spaces
2
Parking
Attached, Gated, Garage Is Attached, Garage - 2 Car, Driveway Gate, Controlled Entrance, Auto Driveway Gate, Private, Private Garage
Parking Total
8
View
Yes
View Description
Green Belt
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LARA
Listing History
Date | Event | Price |
|---|---|---|
9/3/2024 | Pending | — |
8/16/2024 | Under contract | — |
Listed by Alex Galuz with Keller Williams Realty Calabasas
Listing Contact: 310-466-0888
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Data last updated 9/13/2024
