5415 Newcastle Ave | Encino, CA 91316
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- LoopNet Team
5415 Newcastle Ave
Encino, CA 91316
Newcastle Towers Apartments · Multifamily Property For Sale · 66 Units
INVESTMENT HIGHLIGHTS
- 66 units, Built in 1964
- 66 tuck under and carport parking
- Located near all the best parts of Encino and offering considerable upside potential.
- Unit Mix: (4) 1+1, (56) 2+1.5, & (6) 3+2
- Soft Story Seismic Retrofit has been completed.
- ±71,765 SF building on a ± 1.40 AC lot zoned LAR3
PROPERTY FACTS
| No. Units | 66 | Lot Size | 1.40 AC |
| Property Type | Multifamily | Building Size | 71,765 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| No. Units | 66 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.40 AC |
| Building Size | 71,765 SF |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 0.92/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Range
- Carpet
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 792 - 800 |
| 2+1.5 | 56 | - | 900 - 990 |
| 3+2 | 6 | - | 1,295 |
PROPERTY TAXES
| Parcel Number | 2162-002-103 | Improvements Assessment | $6,031,192 |
| Land Assessment | $2,355,917 | Total Assessment | $8,387,109 |
PROPERTY TAXES
Parcel Number
2162-002-103
Land Assessment
$2,355,917
Improvements Assessment
$6,031,192
Total Assessment
$8,387,109
ZONING
| Zoning Code | R3-1 |
| R3-1 |
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