Seller's Agent in 2024
Alex Galuz
Keller Williams Realty Calabasas
(310) 466-0888
1 in this area
40 Total Sales
8556 Newcastle Ave Northridge, CA 91325
Estimated Value: $1,954,000 - $2,437,000
12
Beds
12
Baths
6,470
Sq Ft
$347/Sq Ft
Est. Value
Highlights
- Guest House
- Tennis Courts
- Auto Driveway Gate
- Cantara Street Elementary School Rated 9+
- Solar Power System
- 0.56 Acre Lot
About This Home
As of November 2024Incredible 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.
Last Agent to Sell the Property
Keller Williams Realty Calabasas License #01291486 Listed on: 05/24/2024
Last Buyer's Agent
Josh Ellis
Markus Shepherd License #01350885
Home Details
Home Type
- Single Family
Year Built
- Built in 2018
Lot Details
- 24,185 Sq Ft Lot
- Lot Dimensions are 130x190
- Property is zoned LARA
Parking
- 2 Car Attached Garage
- 6 Open Parking Spaces
- Auto Driveway Gate
- Controlled Entrance
Home Design
- Modern Architecture
- Shingle Roof
- Composition Roof
Interior Spaces
- 6,470 Sq Ft Home
- 2-Story Property
- Formal Entry
- Family Room
- Living Room
- Dining Room
- Home Office
- Library
- Craft Room
- Home Gym
- Vinyl Flooring
- Park or Greenbelt Views
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 12 Bedrooms
- Studio bedroom
- Walk-In Closet
- Maid or Guest Quarters
- In-Law or Guest Suite
- 12 Full Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Outdoor Features
- Tennis Courts
- Basketball Court
- Sport Court
- Covered Patio or Porch
Additional Features
- Solar Power System
- Guest House
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2787-004-011
Community Details
Recreation
- Sport Court
Additional Features
- No Home Owners Association
- Card Room
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2024
Sold by
Palmira Investments Llc and Larc Enterprises Llc
Bought by
Barsalou Aaron
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2018
Sold by
Misrahi Raymond and Medina Ivonne
Bought by
Misrahi Ivonne Medina and Misrahi Raymond A
Purchase Details
Listed on
Dec 9, 2016
Closed on
Feb 1, 2017
Sold by
Five Crowns Landmark Limited Partnership
Bought by
Misrahi Raymond and Medina Ivonng
Seller's Agent
Mel Wilson
Mel Wilson & Associates - Realtors
Buyer's Agent
Brian Potkin
First Equity
List Price
$668,888
Sold Price
$625,000
Premium/Discount to List
-$43,888
-6.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.19%
Original Mortgage
$424,100
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2016
Sold by
Pacific Coast Financial Llc
Bought by
The Five Crowns Landmark Limited Partner
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 29, 2016
Sold by
Rubinstein Elliott and Elliot Rubinstein Living Trust
Bought by
Pacific Coast Financial Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 2002
Sold by
Rubinstein Elliott
Bought by
Rubinstein Elliott and Elliott Rubinstein Living Trus
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barsalou Aaron | $2,400,000 | Orange Coast Title Company | |
| Misrahi Ivonne Medina | -- | None Available | |
| Misrahi Raymond | $625,000 | Pacific Coast Title Company | |
| The Five Crowns Landmark Limited Partner | $540,000 | Pacific Coast Title Company | |
| Pacific Coast Financial Llc | -- | Stewart Title Of California | |
| Rubinstein Elliott | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Barsalou Aaron | $1,920,000 | |
| Previous Owner | Misrahi Raymond | $424,100 | |
| Previous Owner | The Five Crowns Landmark Limited Partner | $565,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $2,400,000 | -4.0% | $371 / Sq Ft | |
| 08/15/2024 08/15/24 | Pending | -- | -- | -- | |
| 05/24/2024 05/24/24 | For Sale | $2,499,000 | +42.8% | $386 / Sq Ft | |
| 04/02/2021 04/02/21 | Sold | $1,750,000 | -7.9% | $297 / Sq Ft | View Prior Sale |
| 08/28/2020 08/28/20 | Pending | -- | -- | -- | |
| 07/21/2020 07/21/20 | Price Changed | $1,899,999 | -5.0% | $322 / Sq Ft | |
| 01/17/2020 01/17/20 | For Sale | $1,999,999 | +220.0% | $339 / Sq Ft | |
| 03/10/2017 03/10/17 | Sold | $625,000 | -6.6% | $317 / Sq Ft | View Prior Sale |
| 02/15/2017 02/15/17 | Pending | -- | -- | -- | |
| 12/09/2016 12/09/16 | For Sale | $668,888 | -- | $339 / Sq Ft |
Source: The MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,113 | $2,400,000 | $1,400,000 | $1,000,000 |
| 2024 | $23,113 | $1,857,113 | $711,009 | $1,146,104 |
| 2023 | $22,671 | $1,820,700 | $697,068 | $1,123,632 |
| 2022 | $21,627 | $1,785,000 | $683,400 | $1,101,600 |
| 2021 | $21,653 | $1,776,696 | $670,126 | $1,106,570 |
| 2020 | $21,793 | $1,754,379 | $663,255 | $1,091,124 |
| 2019 | $7,997 | $650,250 | $650,250 | $0 |
| 2018 | $7,782 | $637,500 | $637,500 | $0 |
| 2016 | $3,165 | $251,581 | $139,112 | $112,469 |
| 2015 | $3,121 | $247,803 | $137,023 | $110,780 |
| 2014 | $3,146 | $242,949 | $134,339 | $108,610 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Galuz
-
J
Buyer's Agent in 2024
Josh Ellis
Markus Shepherd
-
D
Seller's Agent in 2021
Dana Brockway
Coldwell Banker Realty
-
C
Buyer's Agent in 2021
Christian Hothem
Keller Williams Realty Calabasas
-
Mel Wilson
Seller's Agent in 2017
Mel Wilson
Mel Wilson & Associates - Realtors
(818) 336-6777
1 in this area
17 Total Sales
-
B
Buyer's Agent in 2017
Brian Potkin
First Equity
Map
Source: The MLS
MLS Number: 24-396101
APN: 2787-004-011
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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Information is deemed reliable but not guaranteed.
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