5400 Newcastle Avenue 66, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5400 Newcastle Avenue 66, Encino, California 91316 home-pic-0
ACTIVE$365,000
5400 Newcastle Avenue 66, Encino, California 91316
2Beds
2Baths
999Sqft
60,966Lot
Year Built
1967
Close
-
List price
$365K
Original List price
$389K
Price/Sqft
$365
HOA
$640.61
Days on market
-
Sold On
-
MLS number
25591773
Home ConditionPoor
Features
Pool
Spa
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $365.0K(32th), sqft - 999(35th), beds - 2(50th), baths - 2(50th).

Rare opportunity, and full of potential - Welcome to your peaceful hideaway in the heart of Encino. This top-floor unit offers generous natural light and sky views within a lush, resort-style community just moments from Ventura Boulevard's shops, restaurants, and entertainment. The unit features a walk-in closet, fresh paint and carpeting in the bedrooms, and newer central HVAC and water heater. This home is perfect for buyers looking to add their personal touch. Enjoy secure, controlled-access living with amenities including a sparkling pool, spa, BBQ area, gym, recreation room and community laundry. Two tandem parking spaces and a private storage locker are included. With easy access to the 101 and 405 freeways and located near Encino Commons, this condo is in an ideal location.

Price History

Date
Event
Price
11/14/25
Price Change
$365,000-6.2%
10/29/25
Listing
$389,000
Condition Rating
Poor

Built in 1967, this property features a very dated kitchen with white tiled countertops and older appliances, and a bathroom with similar outdated white tile and fixtures. While the description notes 'newer central HVAC and water heater' and 'fresh paint and carpeting in the bedrooms,' these are partial updates. The core wet areas (kitchen and bathrooms) require substantial rehabilitation to meet modern standards, aligning with the 'poor' condition criteria for properties built over 30 years ago with major components showing significant age and requiring substantial updates, even if not structural.
Pros & Cons

Pros

Prime Encino Location: Situated in the heart of Encino, offering immediate access to Ventura Boulevard's vibrant shops, restaurants, and entertainment, along with convenient freeway access (101 & 405).
Extensive Community Amenities: Residents enjoy a resort-style living experience with a sparkling pool, spa, BBQ area, gym, and recreation room within a secure, controlled-access community.
Recent Major System Upgrades: The unit benefits from newer central HVAC and a water heater, reducing immediate concerns about major system replacements.
Top-Floor Unit Advantages: As a top-floor unit, it provides generous natural light, sky views, and a peaceful living environment with enhanced privacy.
Valued Parking & Storage: Includes two tandem parking spaces and a private storage locker, offering significant convenience and added value.

Cons

High Monthly Association Fees: The monthly association fee of $640.61 is substantial and adds significantly to the overall cost of ownership.
Potential for Further Renovation: Described as needing a 'personal touch,' indicating that buyers may need to budget for additional updates and renovations beyond the recent paint and carpet.
Community Laundry Facilities: The absence of in-unit laundry and reliance on community laundry facilities may be a drawback for some buyers seeking greater convenience.

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