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5429 Newcastle Avenue #215 Encino, CA 91316
$299,990 2 beds, 2 baths
1, 013 sqft
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Investor Special – Fixer in Prime Encino Location | Probate Sale | No FHA Financing ****Probate**** Need Court Confirmation **** 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.

Listing Details

Trust & Probate
Property type: Condominium (Condo/Coop/Townhouse)
Status: Active
MLS# SR25142209
List price is $299,990
HOA Fee is $600.00
Beds: 2
Baths: 2 (2 full)
None fireplaces
Built in 1964
1,013 sqft
1 story
1.40 acres
Lot size: 1.3986
County: Los Angeles
Zoning: LAR3
Interior features: Breakfast Bar,Balcony,All Bedrooms Down,Multiple Primary Suites,Walk-In Closet(s)
Parking description: Assigned,One Space
Heating/cooling: None
Heating description: None
MLS area: ENC - Encino

Last Updated: 6/30/2025

 Find more Encino homes and real estate

 Find more homes in 91316 zip code

This listing belongs to the ENC - Encino MLS area

Lat/Long: 34.169449, -118.525136.
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Listing Agent: La Shan Owens
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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