tomo logo

$2,495,000

Beds
5
Baths
5.5
sq ft
3,397

5741 Newcastle Ave, Encino, CA 91316

5741 Newcastle Ave

Encino, CA 91316

  • 51 days on market
Stunning New Construction Modern Farmhouse that perfectly encapsulates both design and function into one amazing home! As you enter you will be impressed by the bright open floor plan and the immaculate finishes throughout. Designer kitchen equipped with top notch appliances, custom cabinetry and an oversized center island. Cozy family room with fireplace and ample space to entertain. Large glass floor to ceiling slider provides access to the gorgeous yard which offers a built-in BBQ center and generous grassy area. Luxurious primary bedroom with fireplace, accent wall and oversized balcony overlooking the yard. Spa-like primary bathroom with dual vanity space, soaking tub and large walk-in closet. Spacious 2 bed ADU perfect for an in home office or in-laws suite featuring a full kitchen and laundry. Additional amenities include smart system, surround sound, security cameras and a finished two car garage.

Details

Property type

Single Family Residence

Est. home value

$811,238

Property condition

New Construction

Lot size

5,500 sq ft

Price per sq ft

$735

Year built

2024

HOA

No

Price History

09/24/2024
CRMLS

CRMLS #SR24197758

Listed
$2,495,000
+174.18%
10/27/2023
CLAW

CLAW #23311395

Sold
$910,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

High school district: 

Los Angeles Unified

Seller’s Loan History

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

Lender

Arixa Enhanced Income Fund Lp

Loan start date

October 2023

Original loan amount

$1,445,000

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Commercial, 1 year

Seller

Lahav Group Llc

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: 11/10/2024 at 5:10 PM

Listed by: Lilach Basson, Compass Phone #: (310) 230-5478

MLS: CRMLS #SR24197758

CRMLS logo

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