5325 Newcastle Avenue 319, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5325 Newcastle Avenue 319, Encino, California 91316 home-pic-0
ACTIVE$495,000
5325 Newcastle Avenue 319, Encino, California 91316
2Beds
2Baths
1,166Sqft
103,150Lot
Year Built
1971
Close
-
List price
$495K
Original List price
$495K
Price/Sqft
$425
HOA
$609
Days on market
-
Sold On
-
MLS number
SR25154398
Home ConditionGood
Features
Deck
Pool
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $495.0K(54th), sqft - 1166(53th), beds - 2(50th), baths - 2(50th).

Welcome to 5325 Newcastle Ave #319 – A Stylish Top-Floor Condo in the Heart of Encino. Step into this charming, top-floor, two-story condo located in a peaceful, gated resort-style community. Ideally situated just minutes from the 101 and 405 freeways and a short walk to Ventura Boulevard’s popular shops, restaurants, and cafes, this home offers both comfort and convenience. Inside, you’ll find soaring ceilings and an abundance of natural light that create a bright, open atmosphere. The spacious living room features a cozy fireplace and opens to a private balcony overlooking beautifully landscaped courtyards. The updated kitchen is designed for both function and style, featuring granite countertops and stainless steel appliances including a gas stove, dishwasher, fridge, and microwave. Upstairs, the versatile loft provides the perfect flex space for a home office, creative studio, or relaxing retreat, complete with access to a large private deck ideal for entertaining or unwinding outdoors. The home includes two air conditioning units for year-round comfort and two assigned underground parking spaces for added security and ease. Residents of this well-maintained community enjoy access to a sparkling pool, fully equipped gym, recreation room with pool and foosball tables, and a BBQ area for outdoor gatherings. For nature lovers, the breathtaking trails of Topanga State Park are just a short drive away. With its ideal location, modern updates, and resort-style amenities, this Encino gem is the perfect place to call home.

Nearby schools

6/10
Gaspar De Portola Middle School
Public,6-80.9mi
4/10
Reseda Senior High School
Public,9-121.6mi

Price History

Date
Event
Price
07/11/25
$495,000
Condition Rating
Good

Built in 1971, this condo has undergone significant updates that make it move-in ready. The kitchen features modern stainless steel appliances and granite countertops, though the cabinets appear to be an older style. The main living areas and bedrooms boast updated laminate/engineered wood flooring and recessed lighting, giving a contemporary feel. While the bathrooms are clean and functional, they don't appear to have been fully modernized. The property benefits from two air conditioning units and is part of a well-maintained community with desirable amenities. Overall, the visible and described updates elevate its condition beyond 'Fair' and into 'Good', as it requires no immediate renovations and major systems are functional, aligning with a property extensively renovated within the last 5-15 years in key areas.
Pros & Cons

Pros

Prime Location & Accessibility: Ideally situated just minutes from major freeways (101 and 405) and within walking distance to Ventura Boulevard's popular shops, restaurants, and cafes, offering exceptional convenience.
Resort-Style Community Amenities: Residents enjoy access to a peaceful, gated community with a sparkling pool, fully equipped gym, recreation room, and BBQ area, enhancing lifestyle and value.
Modern & Updated Interior: The condo features soaring ceilings, abundant natural light, a cozy fireplace, an updated kitchen with granite countertops and stainless steel appliances, and two air conditioning units for comfort.
Versatile Layout & Private Outdoor Spaces: This two-story unit includes a versatile loft perfect for a home office or retreat, along with a private balcony and a large private deck, providing ample flex space and outdoor living options.
Secure & Convenient Parking: The property includes two assigned underground parking spaces, offering added security and ease for residents.

Cons

Building Age: Built in 1971, the building is over 50 years old, which may lead to concerns about potential future maintenance, assessments, or aging infrastructure, despite interior unit updates.
High Association Fee: The monthly association fee of $609 is substantial, adding a significant recurring cost to homeownership that could impact affordability for some buyers.
Condominium Ownership Limitations: As a condominium, the property involves shared walls and common areas, potentially leading to less privacy and requiring adherence to HOA rules and regulations, which can limit personal modifications or usage.

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