4950 Newcastle Avenue, Encino, California 91316, Encino, 91316 - 3 bed, 1 bath
4950 Newcastle Avenue
Encino, California 91316
Property Price
SUMMARY
Analysis of 4950 Newcastle Avenue, Encino, California 91316 reveals a property with a current list price of $995,000, which is 6% above the estimated $931,613 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Encino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4950 Newcastle Avenue Subject | $995,000* List Price | 3 | 1 | 1,032 | $903 | - |
A 17726 Martha St. Sold | $975,000 | 3 | 2 | 1,111 | $878 | 0.9 mi |
B 18020 Collins Street Sold | $915,000 | 2 | 1 | 827 | $1,106 | 0.9 mi |
C 17900 Martha Street Pending | $875,000 List Price | 2 | 1 | 1,062 | $824 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its age. It features a recently remodeled bathroom with modern finishes and high-quality original hardwood flooring throughout. Significant capital improvements have been made to major systems, including copper plumbing, a newer roof, and an energy-efficient tankless water heater. While the kitchen is functional with stainless steel appliances, it does not represent a full high-end modern renovation required for an 'excellent' rating, but the overall condition and system upgrades firmly place it in the 'good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Encino Location
Situated south of Ventura Boulevard in a highly sought-after neighborhood, the property offers exceptional access to top-tier schools, boutique shopping, and fine dining.
- Significant System Upgrades
The home features high-value improvements including copper plumbing, a newer roof, and an energy-efficient tankless water heater, reducing immediate capital expenditure for the buyer.
- Expansion and ADU Potential
The 6,022-square-foot lot includes a spacious backyard that provides an ideal footprint for a future Accessory Dwelling Unit (ADU) or a significant home expansion.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The 3-bedroom, 1-bathroom configuration is a notable drawback for modern families and may limit the property's appraisal value compared to multi-bath homes.
- Compact Interior Square Footage
At 1,032 square feet, the living space is relatively small for a three-bedroom residence, which may result in tighter bedroom dimensions and limited common areas.
About 4950 Newcastle Avenue
Welcome to this charming 3-bedroom, 1-bathroom home ideally located south of Ventura Blvd. in a highly desirable single-family neighborhood known for its strong sense of community and access to excellent schools.Inside, you'll find beautiful original hardwood floors that add warmth and character throughout the living spaces. The remodeled bathroom blends modern finishes with timeless style, and the dedicated laundry room adds convenience and functionality. The home has significant system upgrades, including copper plumbing, a newer roof, and an energy-efficient tankless water heater.Step outside to a spacious backyard designed for both relaxation and entertaining. The large patio features newer pavers, providing the perfect setting for gatherings, outdoor dining, or simply enjoying Southern California's year-round sunshine. Beyond the patio, the expansive yard offers abundant space with potential for future home expansion, an ADU, garden oasis, or custom outdoor amenities.Located just minutes from shopping, dining, parks, and commuter routes, this home combines neighborhood charm with exceptional convenience -- truly offering the best of location, comfort, and opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 6,022 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 1.0 | 3.0 | 13% |
| Square foot | 1,032 | 1,898 | 9% |
| Lot Size | 6,022 | 6,003 | 52% |
| Price | $995.0K | $1.35M | 22% |
| Price per sq ft | $964 | $748 | 89% |
| Built year | 1948 | 1952 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 169 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$995,000
Initial Listing
Sold
Jul 31, 2001
$270,000
Public Record