8556 NEWCASTLE AVE
NORTHRIDGE, CA 91325

$2,499,000

12 Beds

12 Baths

6,470 Sq Ft

Status Active

MLS# 24-396101

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.

Details for 8556 NEWCASTLE AVE

$386 / Sq Ft

8 parking spaces

Central

24 Days on website

0.5552 acres lot

Interior

Bathrooms Full

Bathrooms Total

Bedrooms Total

Den

Fireplace Features

None

Flooring

Vinyl

Laundry Features

Inside, Laundry Area, Room

Living Area

6,470 SqFt.

Building And Construction

Property Sub Type

Single Family Residence

Property Type

Residential

Year Built

2018

Exterior And Lot

Garage Spaces

Lot Size Acres

0.5552

Lot Size Square Feet

24185

Parking Features

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

Parking Total

Pool Features

["None"]

Spa Features

["None"]

Tennis Court

Basketball, Private Sport Court, Paddle, Room For, Sport Court, Private

Tennis Y N

Zoning

LARA

Utilities

Cooling

["Air Conditioning", "Central"]

Heating

Central

Area And Schools

City

Northridge

County Or Parish

Los Angeles

Financial Info

Price Per Sq Ft

386.24