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$308,000
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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.
Full Property Details
Full Property Details for 5429 Newcastle Ave #215
General
- Sold For: $308,000
- HOA FEE: $600/month
- Status: Closed
- Type: Condo
- Source: MRMLS
- MLS ID: SR25142209
- Added to Site: 296 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Center Hall, Family Room, Kitchen, Two Primaries, Walk-In Closet
- Interior Features: Balcony
- Fireplace(s): None
- Eating Areas: Breakfast Counter/Bar
- Appliances: None
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Community
Additional Information
- Shared Amenities: Pool, Earthquake Insurance, Trash, Sewer, Water
- Pool Description: Community, In-Ground
- Spa Description: None
Exterior
- Deck/Patio: None
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Assigned, Parking Space
Location
- County: Los Angeles
- Driving Directions: Off off of the 101 & Whiteoak
School Information
- School District: Los Angeles Unified
Community
- Community Features: Curbs, Gutters, Sidewalks, Street Lights
- Assoc. Name: Sherbourne Towers
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condominium
- Foundation: None
- Common Walls: 1 Common Wall
- Disability Access: Adaptable For Elevator
- Entry Location: front/2
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,013
- Sq. Ft. Source: Assessor
- Year Built: 1964
- Year Built Source: Assessor
- Property Condition: Fixer
Lot Features
- Property View: None
- Lot Size (Acres): 1.3986
- Lot Size Source: Assessor
- Zoning: LAR3
- Fencing (Description): Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $304.05
- Association Fee: $600
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Probate Listing
Listed and Sold by Y Realty, La Shan Owens
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Schools
Schools serving 5429 Newcastle Ave #215
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Nestle Avenue Charter School 5060 Nestle Ave., Los Angeles, CA 91356 | PK-5 | 0.6 mi |
Gaspar De Portola Middle School 18720 Linnet St., Los Angeles, CA 91356 | 6-8 | 1 mi |
Reseda Senior High School 18230 Kittridge St., Los Angeles, CA 91335 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5429 Newcastle Ave #215
Date
Details
Price
Change
Source
8/18/2025
Sold
$308,000
2.67%
MLS
6/24/2025
Listed
$299,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5429 Newcastle Avenue #215, Encino, CA 91316 (MLS# SR25142209) is a Condo property that was sold at $308,000 on August 18, 2025. Want to learn more about 5429 Newcastle Avenue #215? Do you have questions about finding other Condo real estate for sale in Encino? You can browse all Encino real estate or contact a Coldwell Banker agent to request more information.

