5052 Newcastle Avenue, Encino (los Angeles), 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.

Listing Status:: Active
Date Added:: November 18, 2024 — 41 days ago
Listing Office:: Coldwell Banker Realty, Caline Kanbarian (310-285-7559)
Office Phone:: 310-777-6200
MLS ID:: CL24464013

Features & Amenities

Interior

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

Exterior

Style:: Craftsman
Pool:: None
Parking:: Detached, Other, Private

Construction

General:: 1

Location

County:: Los Angeles

Lot

Zoning:: LAR1, 2182011025
View:: None

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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5052 Newcastle Avenue, Encino (los Angeles), CA 91316

$1,499,500 Asking Price