5349 Newcastle Avenue 42, Encino, California 91316, Encino, 91316 - 1 bed, 1 bath

5349 Newcastle Avenue 42, Encino, California 91316 home-pic-0
ACTIVE$299,000
5349 Newcastle Avenue 42, Encino, California 91316
1Bed
1Bath
648Sqft
60,939Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in a highly desirable Encino location, just off Ventura Boulevard, offering convenient access to a wide array of restaurants, grocery stores, and essential amenities.
Top Cons:
High Monthly Association Fee: The monthly association fee of $629.06 is notably high for a 1-bedroom unit, which could impact affordability and long-term ownership costs.

Compared to the nearby listings

Price:$299.0K vs avg $462.5K ($-163,500)22%
Size:648 sqft vs avg 1,129.5 sqft4%
Price/sqft:$461 vs avg $40581%

More Insights

Built in 1967 (58 years old).
Condition: The condo was built in 1967, making it over 50 years old. While the description notes 'beautifully updated' with quartz countertops in the kitchen and an updated bathroom (newer vanity, freshly coated shower/tub, new glass door), the images show these are partial updates. The kitchen retains older dark wood cabinets and older-style flooring, and the living areas are carpeted. The property is well-maintained and functional, but its age and partial updates mean it shows signs of being outdated in certain areas, fitting the 'fair' category.
Year Built
1967
Close
-
List price
$299K
Original List price
$349K
Price/Sqft
$461
HOA
$629.06
Days on market
-
Sold On
-
MLS number
SR25103634
Home ConditionFair
Features
Deck
Pool
Spa
Patio
View-

About this home

Huge price reduction on 6/10/25! This is a great deal!! Beautifully updated 1-bedroom, 1-bath condo located in a prime Encino location just off Ventura Boulevard, close to restaurants, grocery stores, and countless amenities. This quiet interior unit is set away from the street and features a spacious living room that opens to a balcony with views of lush, landscaped gardens. The open-concept layout connects the living, dining, and kitchen areas, with quartz countertops in the kitchen and an updated bathroom that includes a newer vanity, freshly coated shower/tub, and a brand-new glass door. The controlled-access building offers a sparkling pool and spa, a fully equipped gym, a community BBQ area with tables, and secure gated parking—all within a beautifully maintained complex.

Condition Rating
Fair

The condo was built in 1967, making it over 50 years old. While the description notes 'beautifully updated' with quartz countertops in the kitchen and an updated bathroom (newer vanity, freshly coated shower/tub, new glass door), the images show these are partial updates. The kitchen retains older dark wood cabinets and older-style flooring, and the living areas are carpeted. The property is well-maintained and functional, but its age and partial updates mean it shows signs of being outdated in certain areas, fitting the 'fair' category.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in a highly desirable Encino location, just off Ventura Boulevard, offering convenient access to a wide array of restaurants, grocery stores, and essential amenities.
Modern Interior Updates: The condo features recent and tasteful updates, including quartz countertops in the kitchen and a fully refreshed bathroom with a newer vanity and brand-new glass shower door.
Comprehensive Building Amenities: Residents benefit from an impressive suite of community amenities, including a sparkling pool and spa, a fully equipped gym, a BBQ area, and secure gated parking.
Significant Price Reduction: A substantial price reduction from the original listing price positions this unit as an attractive value proposition in the current market.
Quiet Setting with Garden Views: As a quiet interior unit, it is set away from street noise and offers a private balcony with pleasant views of lush, landscaped gardens.

Cons

High Monthly Association Fee: The monthly association fee of $629.06 is notably high for a 1-bedroom unit, which could impact affordability and long-term ownership costs.
Compact Unit Size: At 648 square feet, the unit is relatively compact, which may limit appeal for buyers seeking more spacious living areas.
Building Age: Built in 1967, the building's age, despite unit updates, could imply potential for future maintenance or special assessment needs for the overall structure.

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