Northridge, CA 91325,8556 Newcastle Ave
Northridge, CA 91325,8556 Newcastle Ave
Northridge, CA 91325,8556 Newcastle Ave
Northridge, CA 91325,8556 Newcastle Ave
Northridge, CA 91325,8556 Newcastle Ave
Northridge, CA 91325,8556 Newcastle Ave
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$2,400,000

$2,499,000

4.0%
Est.Price: ?

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Est. payment /mo

12 Beds

12 Baths

6,470 SqFt


SOLD DATE : 11/01/2024

Key Details

Sold Price $2,400,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 6,470 sqft

Price per Sqft $370

MLS Listing ID 24-396101

Sold Date 11/01/24

Style Modern

Bedrooms 12

Full Baths 12

HOA Y/N No

Year Built 2018

Lot Size 0.555 Acres

Acres 0.5552

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.

Location

State CA

County Los Angeles

Area Northridge

Zoning LARA

Rooms

Family Room 1

Other Rooms GuestHouse

Dining Room 1

Interior

Heating Central

Cooling Air Conditioning, Central

Flooring Vinyl

Fireplaces Type None

Equipment Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Solar Panels, Refrigerator, Range/Oven

Laundry Inside, Laundry Area, Room

Exterior

Garage Attached, Gated, Garage Is Attached, Garage - 2 Car, Driveway Gate, Controlled Entrance, Auto Driveway Gate, Private, Private Garage

Garage Spaces 8.0

Pool None

View Y/N Yes

View Green Belt

Roof Type Composition, Shingle

Building

Story 2

Architectural Style Modern

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Keller Williams Realty Calabasas
Bought with Markus Shepherd
agent-avatar

+1(888) 897-9667

support@houstir.com

1300 Eastman Ave, Ventura, California, 93003

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