5403 Newcastle Avenue 64, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5403 Newcastle Avenue 64, Encino, California 91316 home-pic-0
ACTIVE$399,950
5403 Newcastle Avenue 64, Encino, California 91316
2Beds
2Baths
831Sqft
60,914Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Walkability & Urban Access: Direct proximity to Ventura Boulevard provides unparalleled access to shops, restaurants, and essential services, catering to a vibrant urban lifestyle.
Top Cons:
Building Age: Constructed in 1967, the building's age may raise concerns about potential infrastructure updates or long-term maintenance costs for the association.

Compared to the nearby listings

Price:$399.9K vs avg $462.5K ($-62,550)34%
Size:831 sqft vs avg 1,129.5 sqft19%
Price/sqft:$481 vs avg $40587%

More Insights

Built in 1967 (58 years old).
Condition: Built in 1967, this condo features updates such as granite countertops in the kitchen and tile flooring throughout. However, the kitchen cabinets are dated, and the appliances are a mix of finishes (stainless and white). The bathroom appears functional but is also dated in style with older tile and fixtures. While the property is clean and move-in ready, its overall aesthetic and many components show signs of being outdated, suggesting renovations occurred 15-30 years ago rather than recently, aligning with the 'Fair' condition criteria.
Year Built
1967
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$481
HOA
$600
Days on market
-
Sold On
-
MLS number
SR25069057
Home ConditionFair
Features
Good View: None
Pool
Spa
View-

About this home

Discover urban living at its finest in this charming 2-bedroom, 2-bath condo nestled in the heart of Encino. The modern kitchen boasts elegant granite countertops, while sleek tile flooring extends throughout the unit, creating a seamless and sophisticated ambiance. Step out onto your private balcony to enjoy a cozy retreat overlooking the inviting pool area. Located just a short stroll from vibrant Ventura Boulevard, residents will relish the convenience of having local shops, restaurants, and grocery stores at their fingertips. This pet-friendly community welcomes furry companions and offers exclusive access to luxurious amenities, including a refreshing pool and spa, a well-equipped gym, and inviting BBQ areas, perfect for both relaxation and entertaining.

Condition Rating
Fair

Built in 1967, this condo features updates such as granite countertops in the kitchen and tile flooring throughout. However, the kitchen cabinets are dated, and the appliances are a mix of finishes (stainless and white). The bathroom appears functional but is also dated in style with older tile and fixtures. While the property is clean and move-in ready, its overall aesthetic and many components show signs of being outdated, suggesting renovations occurred 15-30 years ago rather than recently, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exceptional Walkability & Urban Access: Direct proximity to Ventura Boulevard provides unparalleled access to shops, restaurants, and essential services, catering to a vibrant urban lifestyle.
Updated & Stylish Interior: Features a modern kitchen with granite countertops and sleek tile flooring throughout, offering a move-in ready and sophisticated living space.
Extensive Community Amenities: Residents benefit from a suite of luxurious amenities including a pool, spa, gym, and BBQ areas, enhancing the living experience and offering recreational options.
Pet-Friendly Environment: The community's welcoming stance towards pets significantly broadens its appeal to a large segment of potential buyers.
Private Outdoor Retreat: A private balcony overlooking the pool area provides a desirable personal outdoor space for relaxation and enjoyment.

Cons

Building Age: Constructed in 1967, the building's age may raise concerns about potential infrastructure updates or long-term maintenance costs for the association.
High Monthly Association Fee: The $600 monthly association fee is substantial for an 831 sqft condo, potentially impacting affordability and overall ownership costs.
Compact Living Space: At 831 square feet, the unit offers a relatively compact living area for a 2-bedroom, 2-bath configuration, which might not suit buyers seeking more expansive space.

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