Encino, CA 91316 5429 Newcastle Avenue 215

Pending
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Presented By: La Shan Owens with Y Realty; 951-237-8183
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SR25142209
  • 06/24/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 2
  • SQFT • 1,013
  • Garage • 1

Home Details

Investor Special – Fixer in Prime Encino Location | Probate Sale | No FHA Financing ****Probate*** Unlock the potential of this 2 bed, 2 bath condo ideally located just off the 101 Freeway and Ventura Blvd in desirable Encino. Sold As-Is, this contractor-ready unit is a rare opportunity for seasoned investors and flippers looking to reimagine a spacious layout into a true showcase property. Featuring two large en-suite bedrooms, each comfortably accommodating king-size beds with plenty of space for wardrobes and dressers. The unit boasts abundant storage, including a walk-in closet, three hallway closets, and four linen cabinets—perfect for maximizing functionality in a modern redesign. Enjoy natural light throughout the open living area with a flexible floor plan ideal for a variety of layout and design choices. Though community laundry is available, the closest facility is located directly across the hall, offering added convenience. One covered parking space is also included. This is a fantastic value-add opportunity in a high-demand rental and resale area. Whether you're looking to hold or flip, this condo is your next smart move. Investors welcome.
Presented By: La Shan Owens with Y Realty; 951-237-8183

Interior Features for 5429 Newcastle Avenue 215

Bedrooms

Main Level Bedrooms2
Total Bedrooms2

Bathrooms

Main Level Bathrooms2
Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NNo
Interior AmenitiesBreakfastBar, Balcony, AllBedroomsDown, MultiplePrimarySuites, WalkInClosets
Laundry FeaturesCommonArea
Total Stories1

Other Rooms

Entry Level1

General for 5429 Newcastle Avenue 215

AccessibilityAdaptableForElevator
Additional Parcels Y/NNo
Assoc Fee Paid PerMonthly
Association AmenitiesPool, Trash, Water
Association Fee IncludesEarthquakeInsurance, Sewer
Association NameSherbourne Towers
Attached Garage No
Carport Y/NNo
CityEncino
Community FeaturesCurbs, Gutters, StreetLights, Sidewalks, Pool
Contingencyno contingencies
CoolingNone
CountyLos Angeles
Current FinancingNone
DirectionsOff off of the 101 & Whiteoak
DisclosuresHoaDisclosure, CourtConfirmation
ElectricElectricityOnProperty
Entry Locationfront/2
Full Baths2
Garage Spaces1.0
Garage Y/NYes
HOAYes
HOA Fee$600.0
HeatingNone
High School DistrictLos Angeles Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquareFeet
Lot Size Square Feet60922.0
Lot Size UnitsSquareFeet
MLS AreaENC - Encino
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total68
Occupancy TypeVacant
Patio/Porch FeaturesNone
Pool FeaturesCommunity, InGround, Association
PossessionClosePlus3Days
Property Attached Y/NYes
Property ConditionFixer
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
Security FeaturesSecurityGate, KeyCardEntry
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsThirdPartyApproval, ProbateListing
Standard StatusPending
StatusPending
Stories Count1
Structure TypeMultiFamily
Tax Lot1
Unit Number215
UtilitiesElectricityAvailable, NaturalGasAvailable, WaterAvailable
ViewNone
Year Built1964
Year Built SourceAssessor
ZoningLAR3

Exterior for 5429 Newcastle Avenue 215

Crops Included Y/NNo
FencingWroughtIron
Foundation DetailsNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres1.3986
Lot Size Area60922.0
Lot Size SourceAssessor
Parking FeaturesAssigned, OneSpace
Private PoolNo
SpaNo
Total Parking1.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $299,990
MLS#SR25142209
List Date 06/24/2025
Property Type Pending
Phone 714.742.6515
Request Tour
Request Info
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