5429 Newcastle Ave 215, Encino, CA 91316 - View 1
5429 Newcastle Ave 215, Encino, CA 91316 - View 2
5429 Newcastle Ave 215, Encino, CA 91316 - View 3
5429 Newcastle Ave 215, Encino, CA 91316 - View 4
5429 Newcastle Ave 215, Encino, CA 91316 - View 5
5429 Newcastle Ave 215, Encino, CA 91316 - View 6
5429 Newcastle Ave 215, Encino, CA 91316 - View 7
5429 Newcastle Ave 215, Encino, CA 91316 - View 8
5429 Newcastle Ave 215, Encino, CA 91316 - View 9
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5429 Newcastle Ave 215, Encino, CA 91316 - View 11
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5429 Newcastle Ave 215, Encino, CA 91316

Sale Price: $308,000
Jun 24, 20251,013 sqft2 beds2 baths
Listed by: La Shan Owens
License #: 01716869
Phone #: 951-237-8183
Y Realty
Source:
CRMLS Logo
MLS #: SR25142209

Property Description

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.
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$5,403

TurboHome Estimated Value

$330,100

$326 sqft

High Valuation
$346,605
$342/sqft
Normal Valuation
$330,100
$326/sqft
Low Valuation
$313,595
$310/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$326/sqft$330,100

Neighborhood: Encino

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Comparative Value

$300K

$308K

$400K

$420K

$439K

$450K

5429 Newcastle Ave 215, Encino, CA 91316

List Price: $299,990

Subject Property

5429 Newcastle Ave 215, Encino, CA 91316

Sale Price: $308,000

Selected Comparable

5414 Newcastle Ave 52, Encino, CA 91316

Sale Price: $399,900

Selected Comparable

5400 Lindley Ave 205, Encino, CA 91316

Sale Price: $420,000

Selected Comparable

5403 Newcastle Ave 60, Encino, CA 91316

Sale Price: $439,000

Selected Comparable

5414 Newcastle Ave 1, Encino, CA 91316

Sale Price: $450,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5429 Newcastle Ave 215, Encino, CA 91316

5429 Newcastle Ave 215, Encino, CA 91316

List: $299,990

Listed: 6/24/2025

Area:1,013 sqft
Price/sqft:$296
Beds:2
Baths:2
Year Built:
Lot Size:60,896.88

Comparable Properties

COMPARABLE
Choose comps
5429 Newcastle Ave 215, Encino, CA 91316

5429 Newcastle Ave 215, Encino, CA 91316

Sale: $308,000

8/18/20250.00 mi

Area:1,013 sqft
Price/sqft:$304
Beds:2
Baths:2
Year Built:
Weight:21.2%
5403 Newcastle Ave 60, Encino, CA 91316

5403 Newcastle Ave 60, Encino, CA 91316

Sale: $439,000

7/2/20250.06 mi

Area:1,024 sqft
Price/sqft:$429
Beds:2
Baths:2
Year Built:
Weight:20.2%
5414 Newcastle Ave 52, Encino, CA 91316

5414 Newcastle Ave 52, Encino, CA 91316

Sale: $399,900

6/3/20250.09 mi

Area:1,024 sqft
Price/sqft:$391
Beds:2
Baths:2
Year Built:
Weight:20.0%
5414 Newcastle Ave 1, Encino, CA 91316

5414 Newcastle Ave 1, Encino, CA 91316

Sale: $450,000

7/24/20250.09 mi

Area:1,107 sqft
Price/sqft:$407
Beds:2
Baths:2
Year Built:
Weight:19.4%
5400 Lindley Ave 205, Encino, CA 91316

5400 Lindley Ave 205, Encino, CA 91316

Sale: $420,000

3/2/20250.10 mi

Area:1,043 sqft
Price/sqft:$403
Beds:2
Baths:2
Year Built:
Weight:19.1%

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