Apartment Buildings /CA /Los Angeles County /Encino /5415 Newcastle Ave
Apartment Buildings /CA /Los Angeles County /Encino /5415 Newcastle Ave

5415 Newcastle Ave - Apartments FOR SALE


Encino, CA 91316 | 
$15,750,000 USD
310-365-5054
5415 Newcastle Ave, Encino, CA for Sale
$15,750,000 USD
Apartments - FOR SALE
1/4
null | 5.01% Cap Rate
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5415 Newcastle Ave
Encino, CA 91316

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HIGHLIGHTS

  • 66 units, Built in 1964
  • Unit Mix: (4) 1+1, (56) 2+1.5, & (6) 3+2
  • 66 tuck under and carport parking
  • Soft Story Seismic Retrofit has been completed.
  • Located near all the best parts of Encino and offering considerable upside potential.
  • ±71,765 SF building on a ± 1.40 AC lot zoned LAR3

FOR SALE DETAILS

PRICE

$15,750,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

66

PRICE/UNIT

$238,636

CAP RATE

5.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newcastle Towers Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

R3-1

APN/PARCEL ID

2162-002-103

ASK ABOUT THIS PROPERTY

Daniel WithersMatthews Real Estate Investment ServicesMore Info
310-365-5054

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Daniel WithersMatthews Real Estate Investment ServicesMore Info
310-365-5054

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