Encino CA Multi Family for Sale
$16,750,000
5415 Newcastle Avenue Encino, CA 91316
- Type:
- Cluster
- Sq.Ft.:
- 71,765
- Status:
- Active
- Beds:
- 32
- Lot size:
- 1.4 Acres
- Year built:
- 1964
- Baths:
- 28.00
- MLS#:
- 24445521
ADDITIONAL INFORMATION
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.
Encino Real Estate
The median home value in Encino, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Encino, CA is $912,500. Approximately 33.96% of Encino homes are owned, compared to 58.13% rented, while 7.92% are vacant. Encino real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Encino real estate agent to arrange a tour today!
Encino 91316 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
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