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listing
1 of 8
Residential IncomeFor Sale
$15,750,000
5415 Newcastle Avenue
Encino, CA 91316
Listed by Daniel Withers DRE#01325901 daniel.withers@matthews.com Matthews Real Estate Investment Services
MLS: California Regional MLS (CRMLS)
32Beds
28Baths
71,765Sq Ft
Est. Mortgage
$81,399/mo

Newcastle Towers Apartments is a 66 apartment complex located at 5415 Newcastle Ave in the beautiful residential neighborhood of Encino, California. Constructed in 1964, this charming property showcases a distinctive unit mix, featuring (4) welcoming onebedroom, one-bath units, (56) cozy two-bedroom, one-and-a-half-bath units, and (6) three spacious bedroom, three-bath units. Property is also equipped with solar panels which is tied to heating of the hot water. Meticulously maintained over the years, the property exudes a timeless appeal and offers ample amenities for residents. In addition to convenient street parking, the property also provides 66 tuck under and carport parking spaces situated at the rear, ensuring residents' comfort and convenience. The property also features a pool, onsite laundry, and solar panels which are tied to the heating of the hot water. With its prime location and wellappointed features, 5415 Newcastle Ave presents an exceptional opportunity for both investors and tenants alike.

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Information courtesy of Matthews Real Estate Investment Services is subject to verification and is not guaranteed.
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