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Carole Waldchen, GRI, CSA, SRES
(858) 792-6085

cwaldchen@sbcglobal.net

DRE# 1414309
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Carole Waldchen, GRI, CSA, SRES
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(858) 792-6085

cwaldchen@
sbcglobal.net

DRE# 1414309
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(858) 792-6085
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FOR SALE
$2,499,000

8556 Newcastle Avenue
Northridge, CA 91325

Single Family
Residence
12
Beds
12
Baths
6,470
Sqft
0.5552
Lot Size
Listing Agent: Alex Galuz CalDRE: 01291486 - Keller Williams Realty Calabasas
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.
24396101
Single Family, 2 Story
12
Los Angeles
12 Full
2018
0.5552 Acres
2
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Listing Agent: Alex Galuz CalDRE: 01291486 - Keller Williams Realty Calabasas
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