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5339 Newcastle Avenue 112, Encino, California 91316, Encino, 91316 - 3 bed, 2 bath

5339 Newcastle Avenue 112, Encino, California 91316 home-pic-0
ACTIVE$700,000
5339 Newcastle Avenue 112, Encino, California 91316
3Beds
2Baths
1,916Sqft
30,466Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Situated in the highly sought-after area of Encino, offering convenient access to Ventura Blvd's premier shopping and dining.
Top Cons:
High Monthly HOA Dues: The $595.0 association fee is a substantial recurring cost that can impact overall affordability and monthly expenses.

Compared to the nearby listings

Price:$700.0K vs avg $480.0K (+$220,000)87%
Size:1,916 sqft vs avg 1,140 sqft91%
Price/sqft:$365 vs avg $40332%

More Insights

Built in 1964 (61 years old).
Condition: 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.
Year Built
1964
Close
-
List price
$700K
Original List price
$769K
Price/Sqft
$365
HOA
$595
Days on market
-
Sold On
-
MLS number
SR25185413
Home ConditionExcellent
Features
Good View: Pool
Pool
ViewPool

About this home

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.

Condition Rating
Excellent
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.
Pros & Cons

Pros

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.
Private Outdoor Space with Pool View: Includes a private patio overlooking the pool, providing a serene indoor-outdoor living experience.
Dedicated Two-Car Garage: A significant and desirable amenity for a condominium, offering secure and convenient parking for two vehicles.

Cons

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.

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