5143 Newcastle Avenue, Encino, California 91316, Encino, 91316 - 4 bed, 3 bath
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Encino, California 91316
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,650,000—positioned above the $1,506,714 Fair Market Value. While priced at a premium, the property features a Permitted ADU and a Condition Rating of 2, reflecting a high-end, comprehensive renovation. Situated "South of the Boulevard," this estate offers significant flexibility for multigenerational living or rental income. The combination of modern finishes and prime location makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, income-generating asset in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5143 Newcastle Avenue Subject | $1,595,000* List Price | 4 | 3 | 1,468 | $1,008 | - |
A 4950 Newcastle Avenue Sold | $1,130,000 | 3 | 1 | 1,032 | $1,095 | 0.2 mi |
B 5119 Enfield Avenue Active | $1,526,000 List Price | 3 | 2 | 1,305 | $1,169 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years. It features a modern kitchen with shaker cabinets and farmhouse sink, updated bathrooms, new wide-plank flooring, and recessed lighting throughout. The exterior shows a newer roof and HVAC system, and the addition of a permitted ADU with matching modern finishes confirms the mint condition of the entire estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7006, living area = 1468.
Situated 'South of the Boulevard' in Encino, the property offers high desirability and immediate proximity to premier shopping, dining, and entertainment destinations.
The inclusion of a fully permitted accessory dwelling unit with its own kitchen and bath provides significant flexibility for rental income, guest housing, or multigenerational living.
With a list price of $1.65M for 1,468 total square feet, the property commands a premium price-per-foot that may challenge appraisal values or budget-conscious buyers.
Despite its prestigious location, the property offers no scenic views, which is often a sought-after feature for homes at this price point in the Encino area.
Welcome to 5143 & 5145 Newcastle Avenue, a rare South of the Boulevard Encino opportunity featuring a beautifully remodeled 3-bedroom, 2-bath main residence plus a permitted ADU with its own kitchen, bathroom, and living area. Thoughtfully designed for modern living, multigenerational flexibility, guest accommodations, or rental income, this exceptional property blends contemporary style, comfort, and long-term upside in one of Encino's most sought-after neighborhoods. Bathed in natural light, the home showcases bright, open living spaces that feel both elegant and inviting. Ideally situated near Encino's premier shopping, dining, and entertainment destinations, residents enjoy the perfect balance of neighborhood charm and everyday convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.0 |
| Baths | 3.0 | 5.0 |
| Square foot | 1,468 | 3,822 |
| Lot Size | 7,006 | 15,887 |
| Price | $1.59M | $2.45M |
| Price per sq ft | $1.1K | $778 |
| Built year | 1948 | 1976 |
| HOA | $0 | $504 |
| Days on market | 19 | 56 |
Jul 17, 2026
$1,595,000
$1,650,000
-3% Price Drop
Initial Listing
Jul 3, 2026
$1,600,000
Initial Listing
Jul 3, 2026
$1,650,000
Initial Listing
Apr 22, 2022
$1,540,000
Public Record
Jan 28, 2021
$925,000
Public Record
Sep 29, 2020
$770,000
Public Record