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8556 Newcastle Avenue Northridge, CA 91325

12 Beds
12 Baths
6,470 Sqft
24,184 Sqft lot
0.56 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 2018
Days on Website: 59

Property listed by Keller Williams Realty Calabasas, Alex Galuz

Description

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.

Open House

Property Details and Features

  • Dishwasher
  • Disposal
  • Refrigerator
  • 12 full bathrooms
  • 12 total bathrooms
  • 12 total bedrooms
  • Built in 2018
  • Building area total: 6,470
  • Levels: Two
  • Living area: 6470
  • 2 stories
  • Architectural style: Modern
  • Common walls: NoCommonWalls
  • CentralAir
  • None
  • Vinyl
  • 2 spaces
  • Central
  • WalkInClosets
  • Inside
  • LaundryRoom
  • ListingID: 24396101
  • Standard status: Active
  • 8 days on market
  • Country: US
  • 0.5552 acres
  • 24,185 square feet
  • Size: 24,185
  • 6 open parking spaces
  • 8 totals parking
  • ControlledEntrance
  • DoorMulti
  • ElectricGate
  • Garage
  • Gated
  • Private
  • None
  • Zoning: LARA
  • ParkGreenbelt
  • Composition
  • Shingle
  • None