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8556 Newcastle Avenue

Northridge, CA 91325
  • $2,499,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: 24396101
UPDATED: 145 min ago
$2,499,000
  • 12
    BEDS
  • 0.56
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 6,470
    SQFT
  • $386
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2018
County:

School Ratings & Info

Listing Agent(s): Alex Galuz of Keller Williams Realty Calabasas (818-657-6500)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-21T07:32:31.673. 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 deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/150919012
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8556 Newcastle Avenue Northridge, CA 91325

  • Price: $2,499,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 145 min ago
  • ID#: 24396101
12
Beds
12
Baths
0
½ Baths
0.56
Acres
6,470
SQFT
$386
$/SQFT
2018
Built
Neighborhood:
NR - Northridge
County:
Los Angeles
Area:
NR - Northridge
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.
Exterior Features

Architectural Style Modern Attached Garage YN Yes Open Parking Spaces 6 Other Structures Guest House Parking Features Controlled EntranceDoor-MultiElectric GateGarageGatedPrivate Parking Total 8 Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No View Park/Greenbelt View YN Yes

Interior Features

Appliances DishwasherDisposalRefrigerator Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Vinyl Furnished Unfurnished Heating Central Heating YN Yes Interior Features Walk-In Closet(s)

Property Features

Association YN No Garage YN Yes Laundry Features InsideLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Special Listing Conditions Standard Zoning LARA



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-21T07:32:31.673. 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 deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Alex Galuz of Keller Williams Realty Calabasas (818-657-6500)