
Encino, California 91316
This Condominium represents a Strong Value Opportunity, listed at $410,000—positioned well below the $383,646 Fair Market Value by -6%. While the property is priced slightly above market, its Condition Rating of 3 ensures a move-in ready status featuring a Granite Kitchen and Private Balcony with pool views. Located near Ventura Boulevard, this unit offers a functional split-bedroom layout ideal for privacy. This is an excellent acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-maintained, amenity-rich lifestyle in Encino.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5325 Newcastle 108 Subject | $410,000* List Price | 2 | 2 | 940 | $408 | - |
A 5325 Newcastle Avenue 207 Sold | $403,000 | 2 | 2 | 940 | $429 | 0.0 mi |
B 5325 Newcastle Avenue 342 Sold | $350,000 | 2 | 1 | 809 | $433 | 0.0 mi |
C 5400 Newcastle 12 Sold | $349,000 | 2 | 2 | 903 | $386 | 0.1 mi |
D 5414 Newcastle 8 Sold | $375,000 | 2 | 2 | 901 | $416 | 0.1 mi |
E 5400 Newcastle Avenue 66 Sold | $329,000 | 2 | 2 | 999 | $329 | 0.1 mi |
F 5349 Newcastle Avenue 28 Sold | $330,000 | 2 | 2 | 944 | $350 | 0.1 mi |
G 5354 Lindley 310 Sold | $428,000 | 1 | 1 | 908 | $471 | 0.1 mi |
H 5135 Zelzah Avenue 203 Sold | $445,000 | 2 | 2 | 1,160 | $384 | 0.3 mi |
I 5403 Newcastle Avenue 12 Active | $349,000 List Price | 2 | 2 | 905 | $386 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1971, the unit is well-maintained and move-in ready. It features a functional kitchen with granite countertops and newer stainless steel appliances, along with updated laminate flooring, placing it in the 5-15 year renovation category.
Priced at $410,000, this property is listed significantly below its 2022 sale price of $465,000, offering a high-value opportunity for buyers to gain equity in the desirable Encino market.
Situated near Ventura Boulevard, the condo provides easy access to premium dining and shopping, while the community offers resort-style amenities including a pool, fitness center, and secure entry.
The unit features a functional split-bedroom floor plan for enhanced privacy, complemented by a modernized kitchen with granite countertops, stainless steel appliances, and a private balcony with pool views.
The monthly HOA fee of $684.32 is relatively high for a 940-square-foot unit, and the lack of in-unit laundry facilities may be a significant inconvenience for modern buyers.
Built in 1971, the property may require more maintenance than newer builds, and the local high school's rating of 4 may be a deterrent for families prioritizing top-tier education.
Welcome to this bright and beautifully maintained 2-bedroom, 2-bath condo offering an open-concept floor plan, abundant natural light, and tranquil views of the sparkling pool and lush landscaped grounds. The spacious living room features a charming decorative fireplace and opens to a private balcony, creating the perfect space to relax or entertain. The kitchen is equipped with granite countertops, abundant cabinetry, a breakfast bar, and newer stainless steel appliances, flowing seamlessly into the dining and living areas. The well-planned layout provides added privacy by separating the primary suite from the secondary bedroom, with a spacious primary suite featuring an private attached bathroom and ample closet space, while the second bedroom is ideal for guests or a home office. Residents enjoy resort-style amenities including a pool, fitness center, recreation room with Kitchen, BBQ area, secure entry, community laundry and beautifully landscaped grounds. Also, enjoy two assigned parking space and additional Guest Parking. HOA covers water, gas, trash, and exterior maintenance. Ideally located in heart of Encino near Ventura Boulevard, this home offers easy access to shopping, dining, parks, and major freeways while providing the comfort of a well-maintained community with outstanding amenities which you won't want to miss.
No exterior & parking available.
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.9 |
| Baths | 2.0 | 1.9 |
| Square foot | 940 | 1,177.536 |
| Lot Size | 103,178 | 200,334.571 |
| Price | $410.0K | $481.6K |
| Price per sq ft | $436 | $387 |
| Built year | 1971 | 1972 |
| HOA | $684.32 | $730 |
| Days on market | 34 | 82 |
Aug 6, 2026
$410,000
Initial Listing
Jul 1, 2022
$465,000
Public Record
Sep 20, 2005
$345,000
Public Record