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Property profile & analytics
OFF-MARKET
Estimated value
$7,590,000
Apartment buildings
5415 Newcastle Ave Encino, CA 91316-2012
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8005107
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
71,765 SF
Lot
1.4 ac (61,015 SF)
Zoning code
LAR3
APN
2162-002-103
UPID
US09-8005107
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Encino Popcorn Ceiling Removal Hardware & Home Improvement Interior Design
-
Newcastle Towers Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.59M
Owner & transaction history
5415 Newcastle Avenue LLC · 1 yrs held
5415 Newcastle Avenue LLC
since 2025
7 recorded transactions
Zoning & alternative use
LAR3 · Encino, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Encino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Encino submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$79,077
Tax year 2024
Assessed value
$5,855,192
Assessed 2024
Previous assessed
$5,855,192
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,628,702
Assessed improvement
$4,226,490
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
66
Bathrooms
28
Total area
71,765 SF
Lot
1.4 ac (61,015 SF)
Zoning code
LAR3
APN
2162-002-103
UPID
US09-8005107
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Encino, CA
Zoning LAR3 · permitted uses
LAR3 · Encino, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Encino. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
66
Bathrooms
28
Lot
1.4 ac
Current owner
From public records · entity-resolved
5415 Newcastle Avenue LLC
Entity
Mailing address
22287 MULHOLLAND HWY #242, CALABASAS, CA 91302-5157
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
—
5415 Newcastle Avenue LLC
Encino Newcastle Property LP
Deed
$9,200,000 · Jpmorgan Chase Bank NA
Mar 20, 2024
—
Encino Newcastle Property LP
—
Deed
related
$2,000,000 · Jpmorgan Chase Bank NA
Jul 31, 2019
—
Encino Newcastle Property LP
—
Deed
related
$8,600,000 · Jpmorgan Chase Bank NA
May 24, 2016
—
Encino Newcastle Property LP
—
Deed
related
$6,500,000 · Jpmorgan Chase Bank NA
Nov 12, 2009
—
Elissa W Udkoff
Udkoff,marvin R
Affidavit Of Death
related
—
May 21, 2003
—
Newcastle Property Encino
Web Service Co INC
Quit Claim Deed
related
$4,000,000 · Washington Mutual Fsb
Jul 11, 2001
—
Newcastle Prop Encino
Web Serv
Quit Claim Deed
related
—
Oct 20, 1995
$3,560,000
Newcastle Property LP Encino
Leeds Trust
Grant Deed
$2,314,000 · Cenfed Bank
Feb 28, 1995
$120,000
Leeds Trust
Nash,jerome
Grant Deed
—
Apr 6, 1994
—
Leeds,frederick H Tr Et Al
—
Deed Of Trust
related
—
Aug 3, 1993
—
Leeds Trust
Cliburn,harvey L
Grant Deed
related
—
—
—
Newcastle Property Encino
—
Deed Of Trust
related
$178,000 · Leeds Trust
—
—
Newcastle Property LP Encino
—
Deed Of Trust
related
$3,300,000 · Washington Mutual Fsb
—
—
Enbcino Newcastle Property LP
—
Deed Of Trust
related
$178,000 · Goldbaum Trust
—
—
Harvey L Cliburn
—
Deed Of Trust
related
$2,400,000 · Home Savings Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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