
Encino, California 91316
This Move-in Ready Condominium is a Strong Value Opportunity, listed at $388,888—positioned well above the $368,563 Fair Market Value by 5%. While the price reflects a premium, the property maintains a Condition Rating of 3, featuring a Granite Kitchen and a private patio. Located in a prime Encino neighborhood, it offers a functional layout with two covered parking spaces and community amenities like a pool and spa. This residence is an ideal acquisition for first-time buyers or owner-occupants seeking a convenient, low-maintenance lifestyle near Ventura Boulevard.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5349 Newcastle 34 Subject | $388,888* List Price | 2 | 2 | 944 | $390 | - |
A 5325 Newcastle Avenue 207 Sold | $403,000 | 2 | 2 | 940 | $429 | 0.1 mi |
B 5414 Newcastle 8 Sold | $375,000 | 2 | 2 | 901 | $416 | 0.1 mi |
C 5349 Newcastle Avenue 28 Sold | $330,000 | 2 | 2 | 944 | $350 | 0.0 mi |
D 5354 Lindley 310 Sold | $428,000 | 1 | 1 | 908 | $471 | 0.1 mi |
E 5429 Newcastle Avenue 309 Sold | $410,000 | 2 | 2 | 1,068 | $384 | 0.1 mi |
F 5429 Newcastle Sold | $400,000 | 2 | 2 | 1,013 | $395 | 0.1 mi |
G 5400 Newcastle 12 Sold | $349,000 | 2 | 2 | 903 | $386 | 0.1 mi |
H 5460 White Oak Ave C106 Sold | $295,000 | 2 | 2 | 990 | $298 | 0.5 mi |
I 5403 Newcastle Avenue 12 Active | $345,000 List Price | 2 | 2 | 905 | $381 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1967, the property is move-in ready with clear evidence of renovations within the 5-15 year range. The kitchen features granite countertops and updated cabinetry, and the bathrooms have been modernized with contemporary tile work and fixtures. The parquet flooring is well-maintained, and the overall condition is functional and clean.
Situated near Ventura Boulevard and Encino Commons, the property offers exceptional walkability to premier shopping and dining, plus easy access to the 101 and 405 freeways.
Priced under $400,000 for a two-bedroom, two-bathroom unit, this property represents a highly accessible entry point for first-time buyers or investors in a desirable neighborhood.
The unit features a desirable first-floor location, granite countertops, a private outdoor patio, and the significant benefit of two dedicated parking spaces plus additional storage.
The association dues are $763 per month, which is relatively high for this price point and may impact a buyer's monthly affordability and debt-to-income ratio.
The reliance on community laundry facilities rather than in-unit hookups is a notable inconvenience that may detract from the property's appeal compared to more modern builds.
Welcome to a wonderful opportunity to own in the heart of Encino! This move-in-ready 2-bedroom, 2-bath condominium offers a comfortable combination of generous living space, desirable community amenities, and convenient access to everything Encino has to offer. Situated on the first floor within a secure, gated community, the home welcomes you with a bright and airy interior filled with natural light. The open living and dining areas provide plenty of room for both everyday living and entertaining, while the adjoining kitchen features granite countertops, ample cabinetry, and generous workspace. Just off the living room, sliding doors lead to a private patio/balcony, creating an inviting outdoor retreat for enjoying your morning coffee, relaxing with a book, or unwinding after a busy day. The spacious primary bedroom features a walk-in closet and its own private en-suite bathroom. A comfortable second bedroom provides ample closet space and convenient access to the full hallway bathroom, making the layout well suited for a variety of living arrangements. Beyond the residence, enjoy the added convenience of two covered tandem parking spaces plus additional storage. Community amenities include a sparkling swimming pool and spa, BBQ and picnic areas, landscaped grounds, and community laundry facilities. HOA dues also include water, sewer, and trash, adding everyday convenience. One of the property's greatest advantages is its prime Encino location. Ventura Boulevard and Encino Commons are nearby, placing shopping, dining, cafés, grocery stores, and everyday services within easy reach. Convenient access to the 101 and 405 freeways also makes commuting throughout the San Fernando Valley and greater Los Angeles area easier. Whether you're looking for your first home, downsizing, or simply seeking the convenience of condominium living in Encino, this property delivers an appealing combination of space, location, gated parking, private outdoor living, and community amenities. Why continue renting when you can own a place to call your own? Come discover the comfort and convenience of this Encino home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.9 |
| Baths | 2.0 | 1.9 |
| Square foot | 944 | 1,177.536 |
| Lot Size | 60,939 | 200,334.571 |
| Price | $388.9K | $481.6K |
| Price per sq ft | $412 | $387 |
| Built year | 1967 | 1972 |
| HOA | $763.0 | $730 |
| Days on market | 16 | 82 |
Aug 24, 2026
$388,888
Initial Listing
Feb 4, 2019
$325,000
Public Record
Jun 23, 2003
$235,000
Public Record
Jun 18, 2002
$163,000
Public Record