About 5429 Newcastle Avenue 215
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.
Features of 5429 Newcastle Avenue 215
| MLS® # | SR25142209 |
|---|---|
| Price | $299,990 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,013 |
| Acres | 1.40 |
| Year Built | 1964 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Pending |
Community Information
| Address | 5429 Newcastle Avenue 215 |
|---|---|
| Area | ENC - Encino |
| Community Type | Condominium |
| City | Encino |
| County | Los Angeles |
| State | CA |
| Zip Code | 91316 |
Listing Map
Amenities
| Amenities | Pool, Trash, Water |
|---|---|
| Utilities | Electricity Available, Natural Gas Available, Water Available |
| Parking Spaces | 1 |
| Parking | Assigned, One Space |
| # of Garages | 1 |
| Garages | Assigned, One Space |
| View | None |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Community, In Ground, Association |
Interior
| Interior | Carpet, Laminate |
|---|---|
| Interior Features | Breakfast Bar, Balcony, All Bedrooms Down, Multiple Primary Suites, Walk-In Closet(s) |
| Heating | None |
| Cooling | None |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Foundation | None |
|---|
School Information
| District | Los Angeles Unified |
|---|
Additional Information
| Date Listed | June 24th, 2025 |
|---|---|
| Days on Market | 22 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 600 |
| HOA Fees Freq. | Monthly |
Listing Details
| Agent | La Shan Owens |
|---|---|
| Office | Y Realty |