5415 Newcastle Ave Encino, CA 91316

$15,750,000
32 beds
28 baths
71,765 sqft
1.4 acres
$219 / sqft
House

Property details

About 5415 Newcastle Ave

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.

Highlights

Home typeOther
StatusAccepting Backup Offers
(Active Under Contract)
Size71,765 sqft
Lot size1.4011 Acres
Year built1964
MLS #24445521

Summary

  • MLS Number: 24445521
  • MLS Name: CRMLS
  • Office Name: Matthews Real Estate Investment Services
  • Office Phone: (866) 889-0550
  • Listing Agent: Daniel Withers

IDX 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: 2/9/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$15,750,000

5415 Newcastle Ave

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Price information

Property sales

DateEventPrice
Oct 20, 1995
Home Sold
$3,560,000
Feb 28, 1995
Home Sold
$120,000

Tax history

YearAssessmentProperty Tax
2024$5,855,192$79,076
2023$5,741,502$77,695
2022$5,630,041$74,369
2021$5,520,766$73,088
2020$5,407,759$71,068
2019$5,301,726$69,933
2018$5,197,772$68,464
2017$5,095,856$68,464

History based on county public records data.

Nearby schools

5

Emelita Academy Charter

Public District KG-5

0.5 mi

17931 Hatteras St

6

Nestle Avenue Charter

Public Charter PK-5

0.6 mi

5060 Nestle Ave

9

Academy for Enriched Sciences

Public District KG-5

0.7 mi

17551 Miranda St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,348. The most common annual income of people living in Encino, CA is less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

44%
<35k
38%
35k-100k
12%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
6%
Single, with Kids
23%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • ToyotaToyota
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Frequently asked questions

About 5415 Newcastle Ave

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 $15,750,000.

Over 294 listings were sold over their listed price in January 2025 in Encino, CA. In the same period over 545 listings were sold below the listed price and 161 listings were sold for the listed price. The inventory of homes for sale in Encino, CA between December and January 2025 increased by 20.1%. The median list price of listings available in January 2025 was $1,035,435, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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