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SoldNov 1, 2024Residential
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8556 Newcastle Avenue

Northridge, CA 91325
Beds12
Baths12
Square Ft.6,470
$2,400,000
Listed for $2,499,000 · Sold Nov 1, 2024
Listing provided by Alex Galuz, Keller Williams Studio City

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.

Listing Snapshot
Days online159
Last updatedOct 12, 2026
Property typeSingle Family Residence
Beds12
Full baths12
Square ft.6,470
Lot size0.56 Acres
Year built2018
MLS number00-24396101

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