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5415 Newcastle Ave
Encino, CA 91316

$15,750,000 USD

Apartments For Sale  •  71,765 SF

Property Details

  • Property Type Apartments
  • Total Building Size 71,765 SF
  • Lot Size 1.4 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 5.01 %
  • Zoning R3-1
43 Transit Score
67 Walk Score

Highlights

66 units, Built in 1964
Unit Mix: (4) 1+1, (56) 2+1.5, & (6) 3+2
66 tuck under and carport parking
Soft Story Seismic Retrofit has been completed.
Located near all the best parts of Encino and offering considerable upside potential.
±71,765 SF building on a ± 1.40 AC lot zoned LAR3
Cap Rate: 5.01 %

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Courtyard
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Heating
  • Ceiling Fans
  • Kitchen
  • Range
  • Carpet
  • Online Services

Public Transportation

Commuter RailDriveWalkDistance
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 5.4 mi
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 7.9 mi
AirportDriveWalkDistance
Bob Hope 21 min - 13.3 mi
Los Angeles International 31 min - 21.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Daniel Withers 310-365-5054 Matthews Real Estate Investment Services
Daniel Withers 310-365-5054 Matthews Real Estate Investment Services