5052 Newcastle Avenue, Encino, CA 91316

$1,499,500 Asking Price

4 beds
2 baths
2,079  sqft
Built in 1948

Exceptional fixer-upper with unlimited potential, south of Ventura Blvd. This charming 4bed/2bath home is nestled in a highly sought-after neighborhood with multi-million dollar estates. The property offers a fantastic opportunity to remodel or rebuild. Set on a generous sized, flat lot with grassy yard, and a long gated driveway. The detached garage provides the potential for an ADU, guest house, or additional living space, perfect for generating rental income, hosting guests, or a home office. Don't miss this rare chance to create your dream home in a location that offers both luxury and convenience.

Features & Amenities

Interior

Appliances:
Dishwasher,Refrigerator,Dryer,Washer
Laundry:
Inside
Flooring:
Wood
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
None

Exterior

General:
None
Style:
Craftsman
Pool:
None
Parking:
Carport,Door-Multi,Garage,Private, Parking spaces: 0

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR1, 2182011025
View:
None

Financial

Source:
CRMLS

This listing courtesy of:
Coldwell Banker Realty, Caline Kanbarian

About Encino, CA

Housing

Number of Units
18,442
Median Home Value
$953,261
Median Rent
$1,815

42.32% of housing units are renter occupied.

4.91% are vacant.

Commute

Car
50.30%
Public Transportation
1.85%
Walk to Work
0.55%
Work from Home
45.90%
Other
0.83%

The median travel time to work is 19 minutes.

People

Population
42,698
Median Age
43.60
Median Household Size
2.71

Education

High School
13.48%
Associate’s Degree
6.54%
Bachelor’s Degree
31.25%
Graduate Degree
25.76%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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