$2,400,000
$2,499,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
8556 Newcastle AVE Northridge, CA 91325
12 Beds
12 Baths
6,470 SqFt
Key Details
Sold Price $2,400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 6,470 sqft
Price per Sqft $370
MLS Listing ID 24396101
Sold Date 11/01/24
Bedrooms 12
Full Baths 12
HOA Y/N No
Year Built 2018
Lot Size 0.555 Acres
Property 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.
Location
State CA
County Los Angeles
Area Nr - Northridge
Zoning LARA
Rooms
Other Rooms Guest House
Interior
Interior Features Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator
Laundry Inside, Laundry Room
Exterior
Garage Controlled Entrance, Door-Multi, Electric Gate, Garage, Gated, Private
Garage Spaces 2.0
Garage Description 2.0
Pool None
View Y/N Yes
View Park/Greenbelt
Roof Type Composition,Shingle
Attached Garage Yes
Total Parking Spaces 8
Private Pool No
Building
Story 2
Entry Level Two
Architectural Style Modern
Level or Stories Two
Additional Building Guest House
New Construction No
Others
Senior Community No
Tax ID 2787004011
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Josh Ellis • Markus Shepherd