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5415 Newcastle Ave
Encino, CA 91316
Newcastle Towers Apartments · Multifamily Property For Sale
·
66 Units
Investment Highlights
- 66 units, Built in 1964
- 66 tuck under and carport parking
- Located near all the best parts of Encino and offering considerable upside potential.
- Unit Mix: (4) 1+1, (56) 2+1.5, & (6) 3+2
- Soft Story Seismic Retrofit has been completed.
- ±71,765 SF building on a ± 1.40 AC lot zoned LAR3
Property Facts
| No. Units | 66 | Lot Size | 1.40 AC |
| Property Type | Multifamily | Building Size | 71,765 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| Zoning | R3-1 | ||
| No. Units | 66 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.40 AC |
| Building Size | 71,765 SF |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | R3-1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Range
- Carpet
Site Amenities
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 792 - 800 |
| 2+1.5 | 56 | - | 900 - 990 |
| 3+2 | 6 | - | 1,295 |
Property Taxes
| Parcel Number | 2162-002-103 | Improvements Assessment | $4,252,897 |
| Land Assessment | $1,661,276 | Total Assessment | $5,914,173 |
Property Taxes
Parcel Number
2162-002-103
Land Assessment
$1,661,276
Improvements Assessment
$4,252,897
Total Assessment
$5,914,173
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