
Los Angeles, California 91316
This condo represents a Strong Value Opportunity, listed at $239,000—positioned well below the $217,440 Fair Market Value by -9%. While the property is in Fair Condition Rating (4/10), it offers a functional layout with central HVAC and custom closet organization. Residents benefit from resort-style amenities, including four swimming pools and hot tubs. Despite the higher HOA fees, the entry-level price point provides a stable foundation for Buy-and-Hold Investors or first-time buyers seeking a cost-effective foothold in the Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5414 Newcastle Avenue 19 Subject 1 bd · 1 ba · 657 sqft · $331 | $239,000* List Price | 1 | 1 | 657 | $331 | - |
A 5460 White Oak Sold 1 bd · 1 ba · 683 sqft · $318 · 0.4 mi | $217,000 | 1 | 1 | 683 | $318 | 0.4 mi |
B 5460 White Oak Avenue E125 Sold 1 bd · 1 ba · 683 sqft · $318 · 0.4 mi | $217,500 | 1 | 1 | 683 | $318 | 0.4 mi |
C 5400 Newcastle Avenue 45 Active 1 bd · 1 ba · 691 sqft · $405 · 0.0 mi | $280,000 List Price | 1 | 1 | 691 | $405 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, this condo is well-maintained but dated. While it features newer flooring in the bedroom and central HVAC, the kitchen and bathroom finishes—specifically the white tile countertops and electric coil stove—appear to be over 20 years old. It is functional and move-in ready but requires cosmetic updates to meet modern standards.
The Newcastle Manor community offers an extensive amenity package including four swimming pools, four hot tubs, and multiple fitness centers, providing a high-end lifestyle rarely found at this price point.
Priced at $239,000 in the desirable Encino area, this condo represents a highly competitive entry-level opportunity for first-time buyers or investors looking for affordability in the Los Angeles market.
The interior features elegant crown molding, updated flooring, and a custom closet organization system, complemented by the essential comfort of a central heating and air conditioning system.
The association fee of $718.92 is significantly high for a one-bedroom unit, which may impact a buyer's monthly carrying costs and overall financing qualification.
Built in 1967, the property may face challenges associated with older infrastructure and potential future assessments common to aging condominium complexes.
Don't miss this exceptional opportunity to own a spacious 1-bedroom, 1-bathroom condo in the desirable Newcastle Manor community. Ideally situated on the cooler side of the building, this inviting home features a private balcony overlooking the sparkling pool.Inside, you'll find elegant crown molding throughout, tile flooring in the living room and kitchen, and newer flooring in the generously sized primary bedroom. The spacious primary closet includes a custom organization system, while the bathroom offers a shower-over-tub combination. Additional highlights include central heating and air conditioning, as well as one reserved parking space.Residents of Newcastle Manor enjoy an impressive selection of resort-style amenities, including four swimming pools, four hot tubs, multiple fitness centers, barbecue areas, and beautifully landscaped garden courtyards.Conveniently located near Ventura Boulevard's popular shopping and dining destinations, with easy access to the 405 Freeway, this home offers comfort, convenience, and outstanding value. Don't miss your chance to make this fantastic condo your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 657 | 1,252.996 |
| Lot Size | 60,967 | 26,029.603 |
| Price | $239.0K | $778.5K |
| Price per sq ft | $364 | $629 |
| Built year | 1967 | 1981 |
| HOA | $718.92 | $676 |
| Days on market | 34 | 74 |
Oct 6, 2026
$239,000
Initial Listing
Dec 29, 2006
$267,000
Public Record
May 20, 2005
$238,000
Public Record