8556 Newcastle Avenue
Northridge, CA 91325
6470 sqft | 12 beds | 12 baths | 0.56 acres | #24396101
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
Legal
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Listing Courtesy
Listing Agent: Alex Galuz (#CLW-X55570)
Listing Office: Keller Williams Realty Calabasas (#CLW-X80540)
Listing Courtesy (Buyer)
Buyer's Agent: Josh Ellis (#F207053678)
