5325 Newcastle Avenue 342, Encino, California 91316, Encino, 91316 - 2 bed, 1 bath

5325 Newcastle Avenue 342, Encino, California 91316 home-pic-0
ACTIVE$380,000$809/sqft
5325 Newcastle Avenue 342, Encino, California 91316
2Beds
1Bath
809Sqft
103,178Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Encino Location: The property boasts a highly desirable Encino location, offering convenient access to top-tier shopping, dining, and major commuter routes, enhancing its appeal and potential for appreciation.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.

Compared to the nearby listings

Price:$380.0K vs avg $445.0K ($-65,000)37%
Size:809 sqft vs avg 1,069.5 sqft19%
Price/sqft:$470 vs avg $40582%

More Insights

Built in 1971 (55 years old).
Condition: Built in 1971, this property has been well-maintained and features significant recent updates, including modern luxury vinyl plank flooring throughout the main living areas and bedrooms, and newer stainless steel kitchen appliances (range, microwave, dishwasher). While the kitchen countertops, refrigerator, and bathroom vanity/fixtures show signs of being older, they are clean and functional, making the home move-in ready with no immediate renovation required. The overall condition reflects a property that has undergone recent updates to key areas, aligning with a 'Good' rating.
Year Built
1971
Close
-
List price
$380K
Original List price
$380K
Price/Sqft
$470
HOA
$619.72
Days on market
-
Sold On
-
MLS number
25626763
Home ConditionGood
Features
Patio
View-

About this home

Welcome to this beautifully maintained third-floor residence, offering comfort, style, and effortless living in a prime Encino location. Elevated above the street level, the home features thoughtfully designed interiors bathed in natural light, creating a warm and inviting atmosphere from the moment you enter.The open-concept living and dining areas provide a seamless flow ideal for both quiet evenings and lively entertaining and are accented by modern luxury vinyl plank flooring. The well-appointed kitchen offers ample cabinetry and workspace for any home chef. Both of the two generously sized bedrooms serve as peaceful retreats, complete with excellent storage and a tranquil ambiance.A clean, bright, and tastefully finished bathroom completes the floor plan. Throughout the home, you'll find a balanced blend of functionality and charm, making the space feel both cozy and refined. The community offers a classic Southern California lifestyle with manicured grounds and amenities that enhance day-to-day living. Conveniently located near top-tier shopping, dining, and major commuter routes, this home presents an exceptional opportunity to enjoy luxury and value in one of the Valley's most desirable neighborhoods.

V
Vivian Simonian
Listing Agent

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
11/04/16
Sold
$319,000
09/30/05
Sold
$317,000
Condition Rating
Good

Built in 1971, this property has been well-maintained and features significant recent updates, including modern luxury vinyl plank flooring throughout the main living areas and bedrooms, and newer stainless steel kitchen appliances (range, microwave, dishwasher). While the kitchen countertops, refrigerator, and bathroom vanity/fixtures show signs of being older, they are clean and functional, making the home move-in ready with no immediate renovation required. The overall condition reflects a property that has undergone recent updates to key areas, aligning with a 'Good' rating.
Pros & Cons

Pros

Prime Encino Location: The property boasts a highly desirable Encino location, offering convenient access to top-tier shopping, dining, and major commuter routes, enhancing its appeal and potential for appreciation.
Well-Maintained & Updated Interiors: The residence is beautifully maintained with thoughtfully designed interiors, featuring modern luxury vinyl plank flooring and a clean, tastefully finished bathroom, suggesting move-in readiness.
Open-Concept Living: The open-concept living and dining areas provide a seamless flow, creating an inviting atmosphere ideal for both quiet relaxation and entertaining guests.
Functional Kitchen & Ample Storage: The well-appointed kitchen offers ample cabinetry and workspace, complemented by generously sized bedrooms with excellent storage, adding practical value and convenience.
Community Lifestyle & Amenities: The community provides a classic Southern California lifestyle with manicured grounds and amenities that enhance day-to-day living, contributing to a desirable residential experience.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
High Monthly HOA Fees: The association fee of $619.72 is substantial and significantly adds to the monthly cost of ownership, which could be a deterrent for some buyers.
Single Bathroom for Two Bedrooms: The unit features only one bathroom for two bedrooms, which may present practical inconveniences for multiple occupants or when hosting guests.
Compact Living Space: At 809 square feet, the unit offers a relatively compact living space for a two-bedroom configuration, potentially limiting appeal for buyers seeking more expansive interiors.
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