5339 Newcastle Avenue 103, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
5339 Newcastle Avenue 103
Encino, California 91316
Property Price
SUMMARY
Analysis of 5339 Newcastle Avenue 103, Encino, California 91316 is currently available with a list price of $474,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Encino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1964, this unit is well-maintained but shows significant signs of age. The kitchen and bathrooms feature dated tile countertops, older white appliances, and vintage cabinetry that lack modern updates. While the property is clean and functional following a long-term tenancy, it requires cosmetic renovations to flooring, fixtures, and surfaces to align with current market expectations.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Parking Allocation
The property includes three gated assigned parking spaces, which is a rare and highly desirable feature for a two-bedroom condominium in this market.
- Prime Encino Location
Ideally situated within walking distance to Ventura Boulevard and near Lake Balboa Park, offering residents easy access to premier dining, shopping, and recreational activities.
- Spacious and Functional Layout
With over 1,250 square feet of living space, this first-floor unit features a bright, open floor plan and a primary suite with a walk-in closet, maximizing comfort and utility.
CONSRISKS & DEFICIENCIES
- Lack of In-Unit Laundry
The unit relies on community laundry facilities located on each level rather than having private in-unit hookups, which may be a drawback for convenience-focused buyers.
- Vintage Building Infrastructure
Constructed in 1964 and previously tenant-occupied for an extended period, the property may require cosmetic modernizations or updates to compete with newer developments.
About 5339 Newcastle Avenue 103
Property is now vacant. (Previously tenant-occupied for an extended period through mid-December 2025.) Bright and spacious condominium in the heart of Encino, near the Lake Balboa Park recreational area. Located on the first floor, this open floor plan features 2 bedrooms and 2 bathrooms, including a primary suite with a walk-in closet. The kitchen offers ample cabinet space, and the unit includes central A/C and abundant natural light throughout. Community amenities include elevators, a pool, BBQ area, three gated assigned parking spaces, a trash chute, and laundry facilities on each level. Conveniently situated within walking distance to Ventura Boulevard, with easy access to the U.S. Route 101, shopping, and dining. Seller is motivated—submit your offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 30,457 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $517.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,253 | 1,029 | 68% |
| Lot Size | 30,457 | 60,967 | 19% |
| Price | $474.0K | $430.0K | 56% |
| Price per sq ft | $378 | $397 | 47% |
| Built year | 1964 | 1971 | 5% |
| HOA | $517.0 | $650 | 25% |
| Days on market | 1313 | 201 | 0% |
Pricing History
Listed for Sale
Feb 21, 2026
$474,000
$475,000
+0% Price Increase
Initial Listing
Price Change
Oct 25, 2025
$475,000
Initial Listing
Price Change
Aug 1, 2022
$499,000
Initial Listing