#SR24240738, Mehran Tebyani, Listing Office: Tebyani Real Estate Investment - TREI
5400 Newcastle Ave Unit 55 Encino, CA 91316
Property details
About 5400 Newcastle Ave Unit 55
Prime Encino Location, Top Floor Unit & Zoned to Highly Desirable Schools! Experience the convenience of this fabulous location—just off Ventura Boulevard! Enjoy easy access to fantastic restaurants, shopping, grocery stores, (including Trader Joe’s), coffee shops, and gyms like Equinox and LA Fitness. Experience lake activities at Lake Balboa Park plus, golf, tennis courts, bike, and jogging paths at Sepulveda Basin Recreation Center! Zoned to coveted Nestle Ave Charter Elementary and Gaspar De Portola Middle schools. This 2-bedroom, 2-bath condo offers 945 sq. ft. of functional living space. The open living area is spacious and filled with natural light, leading to a private balcony—perfect for relaxing or entertaining. The kitchen features granite countertops, stainless steel appliances, and a brand-new oven range. A dedicated dining area makes it easy to enjoy meals or host gatherings. The primary bedroom includes two closets (one walk-in) and an ensuite bathroom with a step-in shower. The guest bedroom is well-sized, and an additional walk-in closet in the hallway provides extra storage. The guest bathroom includes a tub/shower combo for added convenience. This lovely community offers great amenities, including multiple swimming pools, a gym, BBQ areas, green pathways, open grassy spaces, elevators, and multiple laundry areas. Secure 2-car tandem parking with built-in storage adds extra convenience. Convenient access to Beverly Hills, UCLA, The Westside, Downtown Los Angeles, and major employment centers via The 405 and 101 freeways. Whether you’re a first-time buyer, investor, or simply looking for a well-located home, this is a fantastic opportunity. Schedule a showing today!
Highlights
Summary
- MLS Number: SR25032629
- MLS Name: CRMLS
- Office Name: Compass
- Office Phone: (310) 795-9920
- Listing Agent: Mark Gonzales
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/1/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,999
5400 Newcastle Ave Unit 55
$4,750
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Emelita Academy Charter
Public District KG-5
0.6 mi
•17931 Hatteras St
6
Nestle Avenue Charter
Public Charter PK-5
0.6 mi
•5060 Nestle Ave
9
Academy for Enriched Sciences
Public District KG-5
0.7 mi
•17551 Miranda St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,350. Most Encino, CA residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 5400 Newcastle Ave Unit 55
This home is located at 5400 Newcastle Ave Unit 55 in Encino, CA and zip code 91316 in the The San Fernando Valley neighborhood. This 945 square foot home, which was built in 1967, sits on a 1.40 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 13, 2025 and is currently priced at $399,999.
In January 2025 more than 294 listings in Encino, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. The number of listings in Encino, CA increased by 20.1% between December and January 2025. While the average time on the market in January 2025 was 45 days, the median list price was $1,035,435.