5400 Newcastle Avenue 66, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
ACTIVE$349,000$999/sqft
5400 Newcastle Avenue 66, Encino, California 91316
2Beds
2Baths
999Sqft
60,966Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Encino Location: Situated in the heart of Encino, moments from Ventura Boulevard's shops, restaurants, and entertainment, with easy access to the 101 and 405 freeways, offering exceptional convenience and desirability.
Top Cons:
High Association Fee: The monthly association fee of $640.61 is substantial and can significantly impact the overall cost of ownership.
Compared to the nearby listings
Price:$349.0K vs avg $445.0K ($-96,000)34%
Size:999 sqft vs avg 1,069.5 sqft37%
Price/sqft:$349 vs avg $40329%
More Insights
Built in 1967 (59 years old).
Condition: Built in 1967, this property shows its age, particularly in the kitchen and bathrooms. The kitchen features dated white tile countertops, older white cabinets, and appliances that appear to be original or very old replacements, including a beige range hood. Bathrooms also have older tile countertops and basic fixtures. While the listing mentions newer central HVAC and water heater, and fresh paint and carpeting in the bedrooms, the core areas like the kitchen and bathrooms require significant cosmetic updates to meet current standards. The property is functional and maintained, but clearly needs a buyer to 'add their personal touch' to modernize it.
Year Built
1967
Close
-
List price
$349K
Original List price
$349K
Price/Sqft
$349
HOA
$640.61
Days on market
-
Sold On
-
MLS number
26639419
Home ConditionFair
Features
Pool
Spa
Patio
View-
About this home
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.
R
Richard Schulman
Listing Agent
Price History
Date
Event
Price
08/09/01
Sold
$133,000
08/12/03
Sold
$208,500
Condition Rating
Fair
Built in 1967, this property shows its age, particularly in the kitchen and bathrooms. The kitchen features dated white tile countertops, older white cabinets, and appliances that appear to be original or very old replacements, including a beige range hood. Bathrooms also have older tile countertops and basic fixtures. While the listing mentions newer central HVAC and water heater, and fresh paint and carpeting in the bedrooms, the core areas like the kitchen and bathrooms require significant cosmetic updates to meet current standards. The property is functional and maintained, but clearly needs a buyer to 'add their personal touch' to modernize it.
Pros & Cons
Pros
Prime Encino Location: Situated in the heart of Encino, moments from Ventura Boulevard's shops, restaurants, and entertainment, with easy access to the 101 and 405 freeways, offering exceptional convenience and desirability.
Resort-Style Community Amenities: The community boasts a lush, resort-style environment with a sparkling pool, spa, BBQ area, gym, recreation room, and community laundry, enhancing lifestyle and value.
Recent Key System Updates: The unit benefits from newer central HVAC and a water heater, reducing immediate concerns for major system replacements and offering modern comfort.
Top-Floor Unit Advantages: As a top-floor unit, it offers generous natural light and sky views, typically providing more privacy and less noise from above.
Security, Parking & Storage: Features secure, controlled-access living, includes two tandem parking spaces, and a private storage locker, adding significant convenience and peace of mind.
Cons
High Association Fee: The monthly association fee of $640.61 is substantial and can significantly impact the overall cost of ownership.
Requires Further Cosmetic Updates: While bedrooms have fresh paint and carpeting, the description indicates the unit is 'perfect for buyers looking to add their personal touch,' suggesting additional cosmetic updates are needed beyond these areas.
Building Age: Built in 1967, the building's age, despite some unit updates, may imply older common area infrastructure or aesthetics that could require future assessments or maintenance.