5325 Newcastle, Encino, California 91316, Encino, 91316 - 0 bed, 1 bath
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Encino, California 91316
This Remodeled Studio Condominium is listed at $279,000, offering a stable acquisition at its $279,000 Fair Market Value. Boasting brand-new flooring and a cozy fireplace, the property maintains a Good Condition Rating with a functional, move-in-ready layout and private balcony. The complex provides a resort-style experience with a swimming pool, sauna, and fitness center, situated in the Los Angeles Unified district near Gaspar De Portola Middle School. This well-maintained unit represents a rare affordable entry into Encino, making it ideal for first-time buyers or Owner-Occupants seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5325 Newcastle Subject | $279,000* List Price | 0 | 1 | 475 | $587 | - |
A 5325 Newcastle Avenue 327 Sold | $295,000 | 1 | 1 | 475 | $621 | 0.0 mi |
B 5325 Newcastle Avenue 328 Active | $290,000 List Price | 0 | 1 | 475 | $611 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 1971, has undergone a recent renovation as evidenced by the 'brand-new flooring' and fresh paint in the main living area, giving it a modern and move-in ready feel. However, while the kitchen and bathroom are clean and functional with some updated fixtures (faucets, microwave), the cabinets, countertops, and tile flooring appear to be from an older renovation, likely 15-25 years ago, rather than 'brand new' or 'virtually new' to current standards. The appliances are functional but not high-end stainless steel. Overall, it's well-maintained and requires no immediate renovations, aligning with a 'good' condition score, but the dated elements in the kitchen and bathroom prevent it from reaching an 'excellent' rating.
Ideally located in the heart of Encino, just a few blocks from Ventura Boulevard, providing convenient access to popular shopping, dining, and entertainment options.
The well-maintained complex offers an impressive array of amenities, including a swimming pool, pool table, sauna, and conference room, enhancing lifestyle and convenience.
The unit has been beautifully remodeled with brand-new flooring and a modern, updated feel throughout, requiring no immediate updates for a new owner.
As a 475 sqft studio unit, it offers limited living space and may appeal to a narrower demographic compared to larger units.
The monthly association fee of $451 is relatively high for a studio unit of this size, adding a significant recurring cost to ownership.
The property description explicitly states 'None' for views, which might be a drawback for buyers seeking scenic outlooks in a desirable area.
Unit #127 Beautifully remodeled studio in the heart of Encino!** This bright and inviting unit features a spacious living area with a cozy fireplace, brand-new flooring, and a private balcony perfect for relaxing or enjoying morning coffee. The open layout offers comfortable living with a modern, updated feel throughout. Ideally located just a few blocks from Ventura Boulevard, you’re close to popular shopping, dining, and entertainment options. The well-maintained complex offers an impressive array of amenities, including a swimming pool, pool table, sauna, and conference room—perfect for both relaxation and convenience. A fantastic opportunity to enjoy stylish living in one of Encino’s most desirable locations! Seller very motivated.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 2% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 475 | 1,029 | 4% |
| Lot Size | 103,178 | 60,967 | 61% |
| Price | $279.0K | $419.0K | 29% |
| Price per sq ft | $587 | $376 | 94% |
| Built year | 1971 | 1971 | 50% |
| HOA | $451.0 | $650 | 14% |
| Days on market | 138 | 188 | 29% |
Dec 5, 2025
$279,000
Initial Listing
May 20, 2010
$115,000
Public Record
Feb 24, 2006
$195,000
Public Record