215/5429 Newcastle Avenue

Off Market

215/5429 Newcastle Avenue

Los Angeles CA 91316

1013 sq. ft.

60922 sq. ft.

Condo

Last sold for $308,000

La Shan Owens, last sold this property on 18 August 2025 after 54 days on market.

Overview

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

2 bedrooms

2 bathrooms

1 carspace

1 garage space

1013 sq. ft. floor area

60922 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Los Angeles over the last 12 months, the estimated median property value of 215/5429 Newcastle Avenue is $485k.

Median value

$485k

Estimated value range

$215k - $1.06m

Median days on market

Estimated value trend

-13%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 215/5429 Newcastle Avenue

2025

Sold

$308,000

18 Aug 2025 by La Shan Owens, of Y Realty

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 2 bedroom condos in Los Angeles

In the last 12 months, 80 two-bedroom condos similar to 215/5429 Newcastle Avenue, have been sold.

This represents a 1% decrease in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Los Angeles for a market analysis.

Lori Morrissey

(18 reviews)

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Andrew Manning

at Berkshire Hathaway HomeServices California Properties (Sherman Oaks, 91423)

(103 reviews)

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Todd Bernstein

at Coldwell Banker Realty - Calabasas

(11 reviews)

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May Motamedi

at Realty America Group

(11 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Los Angeles

Lori Morrissey

Lori Morrissey is an award winning recommended agent for Los Angeles. They have 2 local sales and collected 3 local reviews across the last 12 months.