5403 Newcastle Avenue 69, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5403 Newcastle Avenue 69, Encino, California 91316 home-pic-0
ACTIVE$397,000
5403 Newcastle Avenue 69, Encino, California 91316
2Beds
2Baths
831Sqft
60,914Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location: Steps from Ventura Blvd's vibrant shops, dining, and conveniences, with easy freeway access and proximity to essential services like Trader Joe's and top-rated schools.
Top Cons:
High Monthly HOA Dues: The association fee of $640.61 is substantial and could impact affordability and long-term ownership costs.

Compared to the nearby listings

Price:$397.0K vs avg $462.5K ($-65,500)34%
Size:831 sqft vs avg 1,129.5 sqft19%
Price/sqft:$478 vs avg $40587%

More Insights

Built in 1967 (58 years old).
Condition: Built in 1967, this condo is aged but appears well-maintained and functional. The living areas feature updated laminate flooring, and the property benefits from central air/heat. However, the kitchen and bathrooms are significantly outdated. The kitchen has a galley layout with white painted cabinets, tile countertops, white appliances, and fluorescent lighting, indicative of renovations from 30+ years ago. The bathrooms also feature dated vanities, laminate countertops, and basic fixtures. While clean and functional, these areas require substantial cosmetic updates to meet current standards, aligning with the 'Fair' condition criteria of being aged but maintained, with major components functional but showing signs of being outdated.
Year Built
1967
Close
-
List price
$397K
Original List price
$400K
Price/Sqft
$478
HOA
$640.61
Days on market
-
Sold On
-
MLS number
SB25082854
Home ConditionFair
Features
Pool
Spa
Patio
View-

About this home

Welcome to Newcastle Manor, a highly sought-after community in the heart of Encino, just steps from Ventura Blvd’s vibrant shops, dining, and everyday conveniences. This well-maintained upper-level 2-bedroom, 2-bath condo offers comfort, style, and functionality in one of the Valley’s most convenient locations. Step into a bright and spacious living room with elegant laminate flooring and custom inlay detail. The galley-style kitchen features rich wood cabinetry, tile countertops, and built-in appliances. Enjoy outdoor living on your private patio with peaceful treetop views — ideal for morning coffee or evening relaxation. The primary bedroom includes a walk-in closet and private 3/4 bath, while the second bedroom offers generous space and mirrored closet doors. Additional highlights include ample storage, central air/heat, and two tandem covered parking spaces in a gated, secure community. Community amenities include a sparkling pool and spa, state-of-the-art fitness center, BBQ area, lush landscaped courtyards, and pet-friendly walking paths. Located just minutes from the 101 Freeway, Encino Commons, Trader Joe’s, and top-rated schools.

Condition Rating
Fair

Built in 1967, this condo is aged but appears well-maintained and functional. The living areas feature updated laminate flooring, and the property benefits from central air/heat. However, the kitchen and bathrooms are significantly outdated. The kitchen has a galley layout with white painted cabinets, tile countertops, white appliances, and fluorescent lighting, indicative of renovations from 30+ years ago. The bathrooms also feature dated vanities, laminate countertops, and basic fixtures. While clean and functional, these areas require substantial cosmetic updates to meet current standards, aligning with the 'Fair' condition criteria of being aged but maintained, with major components functional but showing signs of being outdated.
Pros & Cons

Pros

Exceptional Location: Steps from Ventura Blvd's vibrant shops, dining, and conveniences, with easy freeway access and proximity to essential services like Trader Joe's and top-rated schools.
Comprehensive Community Amenities: Offers a sparkling pool, spa, state-of-the-art fitness center, BBQ area, lush courtyards, and pet-friendly walking paths within a gated community.
Secure & Dedicated Parking: Includes two tandem covered parking spaces within a gated, secure community, providing convenience and peace of mind.
Private Outdoor Retreat: Features a private patio with peaceful treetop views, ideal for morning coffee or evening relaxation.
Comfort & Functional Interiors: Equipped with central air/heat, ample storage, elegant laminate flooring with custom inlay, and a primary suite with a walk-in closet.

Cons

High Monthly HOA Dues: The association fee of $640.61 is substantial and could impact affordability and long-term ownership costs.
Compact Living Space: At 831 sqft, the unit offers a relatively smaller footprint for a 2-bedroom, 2-bathroom condo, which may not suit all buyer needs.
Galley-Style Kitchen: The kitchen's galley layout, while functional, may be perceived as less modern or spacious compared to open-concept designs.

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