5325 Newcastle Avenue 228, Encino, California 91316, Encino, 91316 - 1 bed, 1 bath
ACTIVE$299,500
5325 Newcastle Avenue 228, Encino, California 91316
1Bed
1Bath
475Sqft
103,178Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Amenities: The complex offers a wide array of resort-style amenities including a refreshing pool, recreation room, BBQ area, full fitness/gym center, pool table, and foosball table, enhancing lifestyle and value.
Top Cons:
Limited Living Space: As a 475 sqft studio, the unit offers very compact living quarters, which may not be suitable for individuals requiring more space or for couples.
Compared to the nearby listings
Price:$299.5K vs avg $462.5K ($-163,000)22%
Size:475 sqft vs avg 1,129.5 sqft1%
Price/sqft:$631 vs avg $40596%
More Insights
Built in 1971 (54 years old).
Condition: Despite being built in 1971, the property has undergone a comprehensive and recent renovation. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, and new stainless steel appliances. The bathroom is equally updated with a modern vanity, updated shower/tub with subway tile, and contemporary fixtures. Throughout the unit, there is new laminate/engineered wood flooring, fresh paint, and recessed lighting, indicating that all interior components are virtually new and meet current quality standards.
Year Built
1971
Close
-
List price
$300K
Original List price
$300K
Price/Sqft
$631
HOA
$451.51
Days on market
-
Sold On
-
MLS number
SB25009375
Home ConditionExcellent
Features
Pool
View-
About this home
Great opportunity- own a fabulous Studio Home and enjoy resort style living at The Park Encino compkex. 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.
Nearby schools
6/10
Gaspar De Portola Middle School
Public,•6-8•0.9mi
4/10
Reseda Senior High School
Public,•9-12•1.6mi
Condition Rating
Excellent
Despite being built in 1971, the property has undergone a comprehensive and recent renovation. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, and new stainless steel appliances. The bathroom is equally updated with a modern vanity, updated shower/tub with subway tile, and contemporary fixtures. Throughout the unit, there is new laminate/engineered wood flooring, fresh paint, and recessed lighting, indicating that all interior components are virtually new and meet current quality standards.
Pros & Cons
Pros
Exceptional Amenities: The complex offers a wide array of resort-style amenities including a refreshing pool, recreation room, BBQ area, full fitness/gym center, pool table, and foosball table, enhancing lifestyle and value.
Prime Walkable Location: Situated just off Ventura Blvd, the property boasts excellent walkability to plenty of shops, restaurants, and a grocery store within very close proximity, providing unparalleled convenience.
Inclusive HOA Dues: The HOA dues are described as 'low' and include water, trash, and gas, offering significant savings on monthly utility expenses for residents.
Dedicated Private Parking: The availability of private parking is a valuable asset, especially in a dense urban area like Encino, adding convenience and security for the owner.
Ideal Starter Home Opportunity: Positioned as a 'Great starter home,' it offers an accessible entry point into the Encino market, appealing to first-time buyers or those seeking a compact, convenient living solution.
Cons
Limited Living Space: As a 475 sqft studio, the unit offers very compact living quarters, which may not be suitable for individuals requiring more space or for couples.
Building Age: Constructed in 1971, the building is over five decades old, potentially indicating a need for future capital improvements or a less modern aesthetic compared to newer constructions.
Absence of Views: The property explicitly states 'None' for views, which could be a drawback for buyers who prioritize scenic outlooks or natural light from their living space.