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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
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

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
  • Listing ID: 33314135

  • Date on Market: 2024-09-26

  • Last Updated:

  • Address: 5415 Newcastle Ave, Encino, CA 91316

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