5403 Newcastle Avenue 28, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
5403 Newcastle Avenue 28
Encino, California 91316
Property Price
SUMMARY
Analysis of 5403 Newcastle Avenue 28, Encino, California 91316 is currently available with a list price of $350,000. 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Built in 1967, this condo features a functional but significantly outdated kitchen with traditional wood cabinets, older laminate countertops, and dated appliances and lighting. The bathrooms also show signs of age with older vanities, fixtures, and lighting. While the living areas have updated laminate wood flooring and fresh paint, the core areas (kitchen and baths) require substantial cosmetic updates to meet current standards. The property is well-maintained but clearly shows its age, aligning with the 'fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Encino Location
The property boasts a highly desirable location in Encino, moments away from a variety of restaurants, shops, and highly sought-after schools, enhancing its appeal and convenience.
- Extensive Community Amenities
Residents benefit from a sparkling pool, spa, well-equipped fitness center, BBQ area, and community laundry facilities, offering a resort-like living experience.
- Secure & Dedicated Parking
The unit includes two tandem parking spots within a secure, gated parking area, providing peace of mind and convenience.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fee
The association fee of $771.64 per month is relatively high, which could impact affordability and long-term ownership costs.
- Older Building Age
Built in 1967, the building is older, which may imply potential for dated systems, finishes, or future maintenance needs not covered by the HOA.
- Compact Square Footage
At 944 sqft for a 2-bedroom, 2-bathroom unit, the living space is relatively compact, which might be a consideration for buyers seeking more expansive interiors.
About 5403 Newcastle Avenue 28
Welcome to this charming first-floor condo in the highly desirable community of Newcastle Manor in the heart of Encino. This beautiful 2-bedroom, 2-bathroom unit offers a bright and inviting living space that seamlessly connects to the dining area, perfect for entertaining. The spacious primary suite features a large walk-in closet and offers a peaceful retreat. Enjoy your morning coffee or evening breeze on the private patio. The unit includes two tandem parking spots in the secure, gated parking area. Residents of Newcastle Manor enjoy a variety of fantastic amenities, including a sparkling pool, spa, and a well-equipped fitness center. The complex also offers a BBQ area with seating, community laundry facilities, and a gated entrance for added security. The HOA covers water, sewer, and trash, making for an easy and convenient lifestyle. This prime location is just moments away from a variety of restaurants, shops, and highly sought-after schools. Don't miss this opportunity to live in one of Encino's most coveted communities! Some Photos are virtually staged
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1967
- Lot Size
- 60,914 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $771.64 / 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 | 944 | 1,009 | 39% |
| Lot Size | 60,914 | 60,967 | 39% |
| Price | $350.0K | $419.0K | 42% |
| Price per sq ft | $371 | $397 | 41% |
| Built year | 1967 | 1971 | 24% |
| HOA | $771.64 | $650 | 71% |
| Days on market | 45 | 199 | 5% |
Pricing History
Listed for Sale
Mar 4, 2026
$350,000
$375,000
-7% Price Drop
Initial Listing
Price Change
Jan 20, 2026
$375,000
Initial Listing
Sold
Sep 7, 2005
$325,000
Public Record