tomo logo

$299,500

Beds
1
Baths
1.0
sq ft
475

5325 Newcastle Ave Unit 228, Encino, CA 91316

5325 Newcastle Ave Unit 228

Encino, CA 91316

  • 1 day on market
Own your own Home and enjoy resort style living at The Park Encino. Amazing location just off of Ventura Blvd., very walkable with plenty of shops, restaurants and a grocery store within very close proximity. This property has a tropical setting, private parking and lots of amenities including a wonderful refreshing pool, recreation room, BBQ area, full fitness/gym center, pool table, foosball table and a full time manager on site. The low HOA dues includes your water, trash, and gas. Great starter home in an amazing location so don't wait as this one will certainly not last long.

Details

Property type

Condominium

Est. home value

$316,788

Lot size

2.3686 acres

Price per sq ft

$631

Year built

1971

Monthly HOA fee

$451.51

Price History

03/03/2025
CRMLS

CRMLS #SB25009375

Listed
$299,500
+10.93%
12/13/2021
CLAW

CLAW #21794616

Sold
$270,000
+45.95%
10/03/2014
CRMLS

CRMLS #SR14178148

Sold
$185,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

250

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$138,305
Asking price
$299,500
Closing costs (~8% of asking)
-$23,960
Est. remaining loan balance
-$137,235
Cash to seller
$138,305

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wholesale Capital Corp

Loan start date

September 2014

Original loan amount

$175,750

Est. remaining balance

$137,235

Interest rate

4.14%

Loan type

New Conventional, 30 year

Seller

Brian C Hohertz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 7:00 PM

Listing updated: 03/04/2025 at 6:40 AM

Listed by: Anna Siprut, Anna Siprut, Home Smart Realty GroupHome Smart Realty Group Phone #: (562) 912-7770

MLS: CRMLS #SB25009375

CRMLS logo

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