$2,499,000
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8556 Newcastle Ave Northridge, CA 91325
12 Beds
12 Baths
6,470 SqFt
Key Details
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 24-396101
Style Modern
Bedrooms 12
Full Baths 12
Year Built 2018
Lot Size 0.555 Acres
Property Sub-Type Single Family Residence
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 Northridge
Zoning LARA
Rooms
Family Room 1
Other Rooms GuestHouse
Dining Room 1
Interior
Heating Central
Cooling Air Conditioning, Central
Flooring Vinyl
Fireplaces Type None
Equipment Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Solar Panels, Refrigerator, Range/Oven
Laundry Inside, Laundry Area, Room
Exterior
Parking Features Attached, Gated, Garage Is Attached, Garage - 2 Car, Driveway Gate, Controlled Entrance, Auto Driveway Gate, Private, Private Garage
Garage Spaces 8.0
Pool None
View Y/N Yes
View Green Belt
Roof Type Composition, Shingle
Building
Story 2
Others
Special Listing Condition Standard
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Bought with Markus Shepherd
