tomo logo

$385,000

Beds
2
Baths
1.0
sq ft
691

5414 Newcastle Ave Unit 10, Encino, CA 91316

5414 Newcastle Ave Unit 10

Encino, CA 91316

  • 48 days on market
This immaculate 2-bedroom, 1-bathroom condominium has a seamless blend of modern amenities and charm. Step inside to discover a remodeled interior, adorned with the updated materials and finishes. You’ll love the kitchen with newer cabinetry, Quartz countertops, bar seating, and stainless-steel appliances, creating a space as functional as it is aesthetically pleasing. The airy living room, illuminated by an abundance of natural light, transitions through sliding glass doors to a private balcony, offering a place to relax and unwind. The bathroom has a contemporary design, showcasing a newly installed vanity, intricately detailed tilework, and lighting elements that add an enchanting touch of opulence. Newer flooring and energy saving tankless water heater are some other great features. The community features a pool, spa, a conveniently located laundry room, and a rec room. There is a dedicated parking space with storage. Conveniently located to shops, restaurants and transportation.

Details

Property type

Condominium

Est. home value

$360,540

Property condition

Updated/Remodeled

Lot size

1.3992 acres

Price per sq ft

$558

Year built

1967

Monthly HOA fee

$568.72

Price History

10/14/2024
CRMLS

CRMLS #SR24200911

Listed
$385,000
10/04/2024
CRMLS

CRMLS #SR24200911

Pending
$385,000
09/27/2024
CRMLS

CRMLS #SR24200911

Listed
$385,000
+28.33%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

274

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

$162,220
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$191,980
Cash to seller
$162,220

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

Seller’s Loan History

Lender

Arc Home Llc

Loan start date

February 2021

Original loan amount

$210,000

Est. remaining balance

$191,980

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Ofir Lahav

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?

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Status: Active

Tomo last checked: 11/14/2024 at 2:05 PM

Listing updated: 10/14/2024 at 12:27 PM

Listed by: Stephanie Payab, Berkshire Hathaway HomeServices California Properties Phone #: (818) 501-4800

MLS: CRMLS #SR24200911

CRMLS logo

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