Newcastle Towers Apartments is a 66 apartment complex located at 5415 Newcastle Ave in the beautiful residential neighborhood of Encino, California. Constructed in 1964, this charming property showcases a distinctive unit mix, featuring (4) welcoming onebedroom, one-bath units, (56) cozy two-bedroom, one-and-a-half-bath units, and (6) three spacious bedroom, three-bath units. Property is also equipped with solar panels which is tied to heating of the hot water. Meticulously maintained over the years, the property exudes a timeless appeal and offers ample amenities for residents. In addition to convenient street parking, the property also provides 66 tuck under and carport parking spaces situated at the rear, ensuring residents' comfort and convenience. The property also features a pool, onsite laundry, and solar panels which are tied to the heating of the hot water. With its prime location and wellappointed features, 5415 Newcastle Ave presents an exceptional opportunity for both investors and tenants alike.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 3
Living Area: 71,765 SqFt
Listing Office:
Office Name: Matthews Real Estate Investment Services
Office Phone: (866) 889-0550
Listing Agent: Daniel Withers
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 32
Lot Features
Lot Information:
Lot Size: 1.40 Acres
Other
Directions Information:
Directions: South of Killion St; North of Ventura Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $16,750,000
Price Per SqFt: $233/SqFt
Tax Information:
Annual Amount: $73,088
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $15.7M more than the Median Sold Price and $408/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24445521
Listing Office:
Office Name: Matthews Real Estate Investment Services
Office Phone: (866) 889-0550
Listing Agent: Daniel Withers
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 11:21:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 20, 1995
Oct 20, 1995Home Sold
$3,560,000
Feb 28, 1995
Feb 28, 1995Home Sold
$120,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$73,088
$5,520,766
2020
$71,068
$5,407,759
2019
$69,933
$5,301,726
2018
$68,464
$5,197,772
2017
$68,464
$5,095,856
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Emelita Academy Charter
17931 Hatteras St
Distance between this listing and this school0.54 miles
Public District Grades KG-5
6
/10
Nestle Avenue Charter
5060 Nestle Ave
Distance between this listing and this school0.58 miles
Public Charter Grades PK-5
9
/10
Academy for Enriched Sciences
17551 Miranda St
Distance between this listing and this school0.67 miles
Public District Grades KG-5
Nearby Schools
7
/10
Gaspar De Portola Middle School
18720 Linnet St
Distance between this listing and this school1.00 miles
Public Charter Grades 6-8
5
/10
Mulholland Middle School
17120 Vanowen St
Distance between this listing and this school2.02 miles
Public District Grades 6-8
6
/10
Chime Institute's Schwarzenegger Community
19722 Collier St
Distance between this listing and this school2.17 miles
Public Charter Grades KG-8
Nearby Schools
8
/10
Sherman Oaks Center for Enriched Studies
18605 Erwin St
Distance between this listing and this school1.30 miles
Public District Grades 4-12
6
/10
Magnolia Science Academy 5
18230 Kittridge St
Distance between this listing and this school1.43 miles
Public Charter Grades 6-12
2
/10
Zane Grey Continuation
18230 Kittridge St
Distance between this listing and this school1.46 miles
The neighbors living near this home have an average income of $42,348. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5415 Newcastle Ave
What is the listing price of this property?
The listing price of 5415 Newcastle Ave property is $16,750,000.
What type of property is this?
The property 5415 Newcastle Ave is a house located in Encino, California, 91316.
Is this property for sale now?
Active Listing: 5415 Newcastle Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $73,088 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 20, 1995 for $3,560,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5415 Newcastle Ave has 32 bedrooms and 28 bathrooms.
What is the square footage of this property?
The property 5415 Newcastle Ave is 71,765 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5415 Newcastle Ave is 1964.
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This home is located at 5415 Newcastle Ave in Encino, CA and zip code 91316 in the The San Fernando Valley neighborhood. This 71,765 square foot home, which was built in 1964, sits on a 1.40 acre lot. Features: 32 bedrooms, 28 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $16,750,000.
Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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