5339 Newcastle Avenue 112, Encino, California 91316, Encino, 91316 - 3 bed, 2 bath
5339 Newcastle Avenue 112
Encino, California 91316
Property Price
SUMMARY
Analysis of 5339 Newcastle Avenue 112, Encino, California 91316 is currently available with a list price of $700,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Despite being built in 1964, the property has undergone a meticulous and extensive renovation, as described and evidenced by the images. The kitchen features modern stainless steel appliances and updated cabinetry, while the bathrooms boast contemporary fixtures, including a freestanding tub and stylish vanities. The flooring, lighting, and overall aesthetic are current and appear virtually new, indicating a renovation within the last 5 years that meets current quality standards with minimal depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly sought-after area of Encino, offering convenient access to Ventura Blvd's premier shopping and dining.
- Spacious & Renovated Interior
Generous 1,916 sqft living space with a meticulously renovated and fully designed interior, including an upgraded master suite with a brand-new walk-in closet.
- Modern Open Concept
Features an open concept layout that seamlessly connects living spaces, complemented by a modern fireplace, ideal for contemporary living and entertaining.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The $595.0 association fee is a substantial recurring cost that can impact overall affordability and monthly expenses.
- Older Building Age
Built in 1964, the building's age may raise concerns about aging infrastructure, potential for future special assessments, or maintenance costs for common areas.
- Recent Price Reductions
Multiple price drops from the original list price and explicit mention of 'motivated sellers' suggest the property may have been initially overpriced or is facing challenges in attracting buyers, potentially indicating a need for further negotiation.
About 5339 Newcastle Avenue 112
Come see this condo in the prime location of Encino, California. Available also for lease. This open concept layout seamlessly connects the various living spaces, creating an ideal environment for both intimate gatherings and grand entertainment. The living room serves as the heart of home, featuring a modern fireplace. The sellers are motivated!! Sought after Ventura Blvd, with premier shopping and dining near by. Luxury of 3 bedroom, and 2 bathrooms, and 1,916 square feet living space. Privacy and tranquility awaits within this meticulously renovated space. Enter through double doors to discover a through fully designed interior, patio overlooking the pool, seamlessly blending indoor and outdoor living. A brand-new walk in closet, the en-suite bathroom and master bedroom, 2 car garage. A serene oasis that awaits you. Don't let this opportunity slip away!!! In the heart of Encino. Let's make it happen.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 30,466 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $595.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 91% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,916 | 1,033 | 91% |
| Lot Size | 30,466 | 60,967 | 22% |
| Price | $700.0K | $431.5K | 85% |
| Price per sq ft | $365 | $379 | 41% |
| Built year | 1964 | 1971 | 6% |
| HOA | $595.0 | $651 | 33% |
| Days on market | 197 | 198 | 50% |
Pricing History
Listed for Sale
Oct 22, 2025
$700,000
$729,000
-4% Price Drop
Initial Listing
Price Change
Sep 16, 2025
$729,000
$769,000
-5% Price Drop
Initial Listing
Price Change
Aug 21, 2025
$769,000
Initial Listing