5415 Newcastle Avenue, Encino, CA 91316

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Property Description

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.


Interior Features

Bedroom Information
Bedrooms 32
Bathroom Information
Bathrooms 28

Listing Information

Address 5415 Newcastle Avenue
City Encino
State CA
Zip 91316
County Los Angeles
Listing Agent Daniel Withers DRE #01325901
Co-Listing Agent Jeffrey Louks DRE #00908473
Courtesy Of Matthews Real Estate Investment Services
List Price $16,750,000
Status Active
Type Residential Income
Structure Size 71,765
Lot Size 61,034
Year Built 1964

Listing information courtesy of: Daniel Withers, Jeffrey Louks, Matthews Real Estate Investment Services. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 8:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.