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.
MLS #
CRSR25142209
MLS Source
California Regional MLS
Days on Site
27
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat - 2+
Kitchen
None
Dining Room
Breakfast Bar
Family Room
Other
Fireplace
None
Flooring
Laminate
Laundry
Community Facility
Cooling
None
Heating
No Heating
Foundation
None
Pool
Community Facility, In Ground
Garage/Parking
Assigned Spaces, Parking Area, Garage: 1 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$600
HOA Fee Frequency
Monthly
Complex Amenities
Community Pool
Zoning
LAR3
5429 Newcastle Ave 215 is a Condominium in Encino, CA 91316. This 1,013 square foot property sits on a 1.398 Acres Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $299,990 and was built in 1964.
This address can also be written as 5429 Newcastle Ave #215, Encino, CA 91316.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 19, 2025. For the most current information, please contact La Shan Owens, (951) 237-8183