5349 Newcastle Avenue 60, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
ACTIVE$439,000
5349 Newcastle Avenue 60, Encino, California 91316
2Beds
2Baths
1,024Sqft
60,939Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Community Amenities: The gated and pet-friendly community offers a pool, BBQ area, fitness room, and clubhouse, providing a rich lifestyle and enhancing property value.
Top Cons:
High Monthly HOA Dues: The $687 monthly association fee is substantial and could be a significant deterrent for potential buyers, impacting overall affordability.
Compared to the nearby listings
Price:$439.0K vs avg $1.45M ($-1,011,000)1%
Size:1,024 sqft vs avg 2,192 sqft10%
Price/sqft:$429 vs avg $7432%
More Insights
Built in 1967 (58 years old).
Condition: The property, built in 1967, has undergone significant updates including stainless steel kitchen appliances, granite countertops, wood laminate and tile flooring, and smooth ceilings, giving it a clean, modern look. The bathrooms feature updated vanities. While some elements like the shower enclosures and a missing light fixture in the kitchen show it's not a brand-new renovation, the property is move-in ready with no immediate repairs required, and major components appear functional and well-maintained, aligning with the 'Good' condition criteria.
Year Built
1967
Close
-
List price
$439K
Original List price
$439K
Price/Sqft
$429
HOA
$687
Days on market
-
Sold On
-
MLS number
25575793
Home ConditionGood
Features
Good View: City Lights
Pool
ViewCity Lights
About this home
Bright and airy second floor condo with excellent flow and a relaxing view of the community pool. The kitchen is equipped with stainless steel appliances including refrigerator dishwasher mounted microwave and a breakfast nook. With only one shared wall this home offers added peace and privacy. Interior features include wood laminate and tile flooring throughout along with smooth ceilings for a clean modern look. The balcony overlooks the pool and courtyard providing a calm top floor setting. The gated pet friendly community includes a pool barbecue area fitness room and clubhouse. Two covered tandem parking spaces are included. Conveniently located near the 405 and 101 freeways for easy access throughout Los Angeles
Condition Rating
Good
The property, built in 1967, has undergone significant updates including stainless steel kitchen appliances, granite countertops, wood laminate and tile flooring, and smooth ceilings, giving it a clean, modern look. The bathrooms feature updated vanities. While some elements like the shower enclosures and a missing light fixture in the kitchen show it's not a brand-new renovation, the property is move-in ready with no immediate repairs required, and major components appear functional and well-maintained, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Extensive Community Amenities: The gated and pet-friendly community offers a pool, BBQ area, fitness room, and clubhouse, providing a rich lifestyle and enhancing property value.
Modern Interior Finishes: The kitchen is equipped with stainless steel appliances, and the unit features wood laminate and tile flooring throughout with smooth ceilings, presenting a clean and updated aesthetic.
Enhanced Privacy & Quiet Enjoyment: Located on the second floor with only one shared wall and a top-floor setting, the condo offers increased privacy and a quieter living environment.
Valuable Included Parking: The inclusion of two covered tandem parking spaces is a significant convenience and a valuable asset in the Los Angeles area.
Strategic Freeway Access: Conveniently located near the 405 and 101 freeways, providing excellent accessibility for commuting throughout Los Angeles.
Cons
High Monthly HOA Dues: The $687 monthly association fee is substantial and could be a significant deterrent for potential buyers, impacting overall affordability.
Building Age: Constructed in 1967, the property is in an older building, which may imply potential for higher maintenance costs or less modern infrastructure compared to newer developments.
Lack of Central Air Conditioning (Implied): The property description does not mention a cooling system, which is a notable omission and could be a significant drawback for comfort in Encino's warm climate.