$14,750,000

5415 Newcastle Avenue, Encino CA, 91316

Price per sqft$205.53

Built in1964

Property size71,765 sqft

Property typeResidential

Bought with Subscriber Non with Non-Participant Office and Listed by Daniel Withers CA DRE# 01325901 with Matthews Real Estate Investment Services 818-923-6107

Overview

Sold

Closed

Listed Sep 26, 2024

Updated Jun 19

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.

Additional information

MLS^® ID: 24445521

Interior Features

Bedrooms: 32
Bathrooms: 28
Basement: No

Exterior Features

Lot Size: 1.4 Acres

Other Property Details

55+/Senior Community: No

Bought with Subscriber Non with Non-Participant Office and Listed by Daniel Withers CA DRE# 01325901 with Matthews Real Estate Investment Services 818-923-6107

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 1:51 PM UTC Last Checked: 1:51 PM UTC