5400 Newcastle Avenue 50, Encino, California 91316, Encino, 91316 - 1 bed, 1 bath

5400 Newcastle Avenue 50, Encino, California 91316 home-pic-0
ACTIVE$324,999$729/sqft
5400 Newcastle Avenue 50, Encino, California 91316
1Bed
1Bath
729Sqft
60,966Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Strategically located just off Ventura Boulevard, offering immediate access to vibrant shops, dining, entertainment, and major freeways, enhancing convenience and lifestyle.
Top Cons:
High Association Fee: The association fee of $610.27 is substantial for a 1-bedroom unit, which could impact monthly affordability and long-term ownership costs.

Compared to the nearby listings

Price:$325.0K vs avg $445.0K ($-120,001)31%
Size:729 sqft vs avg 1,069.5 sqft16%
Price/sqft:$446 vs avg $40571%

More Insights

Built in 1967 (59 years old).
Condition: The property, built in 1967, is well-maintained with recent functional updates like a new water heater, garbage disposal, and plumbing. It features chic laminate flooring and central A/C. However, the kitchen, as seen in the images, is significantly dated with tile countertops, older white appliances (including an electric coil stove), and basic white cabinetry. While functional, it shows clear signs of being outdated and would require substantial aesthetic renovation to meet current buyer expectations. The bathroom condition is not explicitly shown but is likely similar given the kitchen's state and the property's age. The overall condition is livable and maintained, but key areas like the kitchen are not updated, aligning with the 'Fair' criteria of being aged but maintained with major components showing signs of being outdated.
Year Built
1967
Close
-
List price
$325K
Original List price
$350K
Price/Sqft
$446
HOA
$610.27
Days on market
-
Sold On
-
MLS number
25567099
Home ConditionFair
Features
Good View: Trees/Woods
Deck
Pool
Spa
ViewTrees/Woods

About this home

Peaceful Encino Oasis Prime Location Just Off Ventura Blvd that is priced to sale. Welcome to your tranquil hideaway in the heart of Encino! This beautifully maintained, top-level 1-bedroom, 1-bath condo is nestled within a lush, serene community, with a tree-top and sky views. Just moments from the vibrant shops, dining, and entertainment of Ventura Boulevard.Bright and inviting, the unit features a traditional-concept layout with chic laminate flooring, central A/C, ample storage, and a private balcony overlooking a quiet, landscaped courtyard, ideal for morning coffee or a relaxing evening escape. New water heater, garbage disposal and pipes under both sinks. The thoughtfully designed galley kitchen combines charm and function, boasting tile countertops and crisp white cabinetry,perfect for home cooking or entertaining. The spacious bedroom includes a generous walk-in closet, offering excellent storage solutions. Located in a secure, controlled-access building, residents enjoy a full suite of amenities: sparkling pool, spa, BBQ area, recreation room, elevator access, and community laundry facilities all set amidst mature greenery that creates a resort-like atmosphere. Positioned in one of the San Fernando Valley's most sought-after neighborhoods, this home offers quick access to major freeways and is just a short stroll to everything you need. Whether you're a first-time buyer, looking to downsize, or simply seeking a low-maintenance lifestyle in a prime location, this condo has it all.

L
Larry Cole
Listing Agent
Condition Rating
Fair

The property, built in 1967, is well-maintained with recent functional updates like a new water heater, garbage disposal, and plumbing. It features chic laminate flooring and central A/C. However, the kitchen, as seen in the images, is significantly dated with tile countertops, older white appliances (including an electric coil stove), and basic white cabinetry. While functional, it shows clear signs of being outdated and would require substantial aesthetic renovation to meet current buyer expectations. The bathroom condition is not explicitly shown but is likely similar given the kitchen's state and the property's age. The overall condition is livable and maintained, but key areas like the kitchen are not updated, aligning with the 'Fair' criteria of being aged but maintained with major components showing signs of being outdated.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located just off Ventura Boulevard, offering immediate access to vibrant shops, dining, entertainment, and major freeways, enhancing convenience and lifestyle.
Comprehensive Community Amenities: Residents benefit from a full suite of amenities including a sparkling pool, spa, BBQ area, recreation room, elevator access, and community laundry, fostering a resort-like living experience.
Recent Upgrades & Maintenance: The unit is beautifully maintained with recent upgrades such as a new water heater, garbage disposal, and updated plumbing under sinks, reducing immediate buyer expenses.
Top-Level Unit with Views & Balcony: As a top-level unit, it offers desirable tree-top and sky views, along with a private balcony overlooking a quiet, landscaped courtyard, providing privacy and outdoor enjoyment.
Security & Controlled Access: The property is situated within a secure, controlled-access building, offering residents enhanced safety and peace of mind.

Cons

High Association Fee: The association fee of $610.27 is substantial for a 1-bedroom unit, which could impact monthly affordability and long-term ownership costs.
Dated Kitchen Design: The galley kitchen features tile countertops and a traditional layout, which may be considered dated by some buyers seeking modern, open-concept designs and finishes.
Limited Living Space: At 729 square feet, the 1-bedroom, 1-bathroom unit offers relatively compact living space, which might feel constrained for buyers desiring more expansive interiors.
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