5400 Newcastle Avenue 66, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
5400 Newcastle Avenue 66
Encino, California 91316
Property Price
SUMMARY
Analysis of 5400 Newcastle Avenue 66, Encino, California 91316 is currently available with a list price of $349,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Encino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1967, this property is well-maintained but largely outdated, fitting the 'fair' criteria. While it features essential functional upgrades like a newer HVAC system and water heater, along with cosmetic touches like fresh paint and new bedroom carpeting, the kitchen and bathrooms remain in a dated style. The listing explicitly mentions the unit is 'full of potential' for buyers to add their personal touch, indicating that while livable, it requires modernization to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Encino Location
Situated in the heart of Encino, this property offers exceptional walkability to Ventura Boulevard's premier shopping and dining, plus rapid access to the 101 and 405 freeways.
- Top-Floor Privacy and Light
As a top-floor unit, the home enjoys superior natural light and sky views without the noise of overhead neighbors, providing a more peaceful and bright living environment.
- Updated Mechanical Systems
The property features a newer central HVAC system and water heater, significantly reducing the risk of immediate high-cost maintenance for the new owner.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $640.61 is relatively high for a unit at this price point, which may impact the monthly affordability and borrowing power for some buyers.
- Lack of In-Unit Laundry
The reliance on community laundry facilities rather than in-unit hookups is a notable drawback for buyers seeking modern convenience and privacy.
About 5400 Newcastle Avenue 66
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. Also available for lease, may qualify for VA loan approval.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1967
- Lot Size
- 60,966 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $640.61 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 999 | 1,009 | 47% |
| Lot Size | 60,966 | 60,967 | 46% |
| Price | $349.0K | $419.0K | 42% |
| Price per sq ft | $349 | $397 | 31% |
| Built year | 1967 | 1971 | 24% |
| HOA | $640.61 | $650 | 47% |
| Days on market | 49 | 199 | 5% |
Pricing History
Listed for Sale
Jan 16, 2026
$349,000
Initial Listing
Sold
Aug 12, 2003
$208,500
Public Record
Sold
Aug 9, 2001
$133,000
Public Record