8556 Newcastle Ave Pending

Northridge,CA 91325

$ 2499000

12 Beds

12 Baths

6470 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 6,470 sqft

Price per Sqft $386

MLS Listing ID 24-396101

Style Modern

Bedrooms 12

Full Baths 12

HOA Y/N No

Year Built 2018

Lot Size 0.555 Acres

Acres 0.5552

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

Garage 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

Architectural Style Modern

Level or Stories Two

Others

Special Listing Condition Standard

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