8556 Newcastle Avenue Northridge, CA 91325
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.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site29 Days
- MLS StatusPending
- MLS ID Number24396101
- Home Size Source N/A
- Year Built2018
- Lot Size0.5552 Acres
- Full Baths12
- Partial BathsN/A
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General Features
- Style Modern
- Parking GatedGarage - Two DoorControlled EntranceAuto Driveway GatePrivate
- Parking Spaces 8
- Number of Stories 22
- Acreage 0.5552
- Property Sub Type Single Family Residence
- Garage Spaces 2
- Attached Garage Yes
- Zoning LARA
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Central
- Appliances DishwasherDisposalRefrigerator
- Flooring Vinyl
- Furnished? Unfurnished
- Fireplace Features None
- Laundry Features InsideIndividual Room
- Fireplace No
Exterior Features
- Roof CompositionShingle
- View Park/ Greenbelt
- Spa No
- Pool Features None
- Spa Features None
- Other Structures Guest House
Community Features
- Senior Community No
- MLS Area NR - Northridge