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.
Sold for $2,400,000 on 11/01/24
$2,400,000
8556 Newcastle Ave, Northridge, CA 91325
12beds
6,470sqft
Residential
Built in 2018
0.56 Acres Lot
$2,341,600 Zestimate®
$371/sqft
$3,565 Estimated rent
Home value
$2,341,600
$2.11M - $2.60M
$3,565/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 04, 2024 at 11:28pm
Listed by:
Alex Galuz DRE # 01291486 310-466-0888,
Keller Williams Realty Calabasas 818-657-6500
Bought with:
Josh Ellis, DRE # 01350885
Markus Shepherd
Source: CLAW,MLS#: 24-396101
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Central
Cooling
- Air Conditioning, Central Air
Appliances
- Included: Dishwasher, Disposal, Exhaust Fan, Refrigerator, Range/Oven
- Laundry: Inside, Laundry Area, Laundry Room, Gas Dryer Hookup
Features
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 6,470
- Total interior livable area: 6,470 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached, Gated, Garage Is Attached, Garage - 2 Car, Driveway Gate, Secured, Auto Driveway Gate, Private, Private Garage
- Attached garage spaces: 2
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Size: 0.56 Acres
- Dimensions: 130 x 190
Details
- Additional structures: Guest House
- Parcel number: 2787004011
- Zoning: LARA
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern
- Property subtype: Residential
Materials
- Roof: Composition,Shingle
Condition
- Year built: 2018
Utilities & green energy
Green energy
- Energy generation: Solar
Community & neighborhood
Location
- Region: Northridge
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2024 | Sold | $2,400,000-4%$371/sqft |
Source:  CLAW #24-396101 | ||
| 9/3/2024 | Pending sale | $2,499,000$386/sqft |
Source: CLAW #24-396101 | ||
| 8/16/2024 | Contingent | $2,499,000$386/sqft |
Source: CLAW #24-396101 | ||
| 5/24/2024 | Listed for sale | $2,499,000+42.8%$386/sqft |
Source: CLAW #24-396101 | ||
| 4/2/2021 | Sold | $1,750,000-7.9%$270/sqft |
Source:  CLAW #20545070 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $29,537 +27.8% | $2,400,000 +29.2% |
| 2024 | $23,113 +2% | $1,857,113 +2% |
| 2023 | $22,671 +4.8% | $1,820,700 +2% |
Find assessor info on the county website
Neighborhood: Northridge
Nearby schools
GreatSchools rating
- 6/10Cantara Street Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Northridge Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Northridge Academy HighGrades: 9-12Distance: 1.3 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,341,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,341,600