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 24396101

Bedrooms 12

Full Baths 12

Year Built 2018

Lot Size 0.555 Acres

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 Nr - Northridge

Zoning LARA

Rooms

Other Rooms Guest House

Ensuite Laundry Inside,Laundry Room

Interior

Laundry Location Inside,Laundry Room

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Laundry Inside,Laundry Room

Exterior

Garage Controlled Entrance,Door-Multi,Electric Gate,Garage,Gated,Private

Garage Spaces 2.0

Garage Description 2.0

Pool None

View Y/N Yes

View Park/Greenbelt

Roof Type Composition,Shingle

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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