5541 Newcastle Ave - Apartments FOR SALE
Encino, CA 91316 |
5541 Newcastle Ave
Encino, CA 91316
HIGHLIGHTS
- Attractive Financing - Assumable Loan with 2.85% Interest Rate! (Ask Broker for Additional Details) | Cash on Cash Return 3.92%!
- Great Unit Mix Composed of Singles, One-Bedroom & Two-Bedroom Units.
- Property Offers Lush Center Courtyard, Pool, Laundry Facilities, On-Site Parking & Secured Entry for Tenants!
- Additional Income Generated From Parking, Laundry & RUBS!
- Potential to Increase Value by Adding a One-Bedroom ADU in a Storage Area (Buyer to Verify)!
- Approximately 27% in Rental Upside!
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
21874
STORIES
2
YEAR BUILT
1965
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
2159-005-022
