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Image 1 - 8556 Newcastle Ave, Northridge, California, 91325 - House for sale
Image 2 - 8556 Newcastle Ave, Northridge, California, 91325 - House for sale
Image 3 - 8556 Newcastle Ave, Northridge, California, 91325 - House for sale
Image 4 - 8556 Newcastle Ave, Northridge, California, 91325 - House for sale
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Home For Sale In Northridge, California
8556 Newcastle Ave, Northridge, California, 91325

Home For Sale In Northridge, California

house for sale
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Listed: 05/29/24

8556 Newcastle Ave, Northridge, California, 91325

12 Bed:
12 Bath:
6,470 Sq Ft Living Area:
Save
Price
$ 2,5M

About This House

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, 500plus 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 …  Full description

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Northridge Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.