Multifamily
5541 Newcastle Ave
5541 Newcastle Ave, Los Angeles, CA 91316
Listing Price: $9,495,000
Cap Rate
4.06%
Number of Units
41
Price/Unit
$231,585
Price/Gross SF
$434.08
Gross SF
21,874
Investment Overview
5541 Newcastle Avenue presents an attractive investment opportunity to own 41 units in the Encino neighborhood of the San Fernando Valley
5541 Newcastle Ave
Investment Highlights
- Attractive Financing - Assumable Loan with 2.85% Interest Rate! (Ask Broker for Additional Details)
- 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 - See ADU Analysis Page (Buyer to Verify)!
- Approximately 27% in Rental Upside!
Exclusively Listed By
Financing By
Listing Price: $9,495,000
Cap Rate
4.06%
Number of Units
41
Price/Unit
$231,585
Price/Gross SF
$434.08
Gross SF
21,874
Investment Highlights
- Attractive Financing - Assumable Loan with 2.85% Interest Rate! (Ask Broker for Additional Details)
- 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 - See ADU Analysis Page (Buyer to Verify)!
- Approximately 27% in Rental Upside!
Investment Overview
5541 Newcastle Avenue presents an attractive investment opportunity to own 41 units in the Encino neighborhood of the San Fernando Valley
Exclusively Listed By
Financing By
