5414 Newcastle Avenue 33, Encino, California 91316, Encino, 91316 - 1 bed, 1 bath
ACTIVE$269,000
5414 Newcastle Avenue 33, Encino, California 91316
1Bed
1Bath
733Sqft
60,967Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Community Amenities: The gated community offers a wide array of amenities including a pool, spa, fitness center, separate saunas, BBQ area, and a tranquil courtyard, enhancing lifestyle and value.
Top Cons:
High Association Fee: The monthly association fee of $650.0 is substantial for a 1-bedroom unit, significantly impacting the overall monthly cost of ownership.
Compared to the nearby listings
Price:$269.0K vs avg $462.5K ($-193,500)19%
Size:733 sqft vs avg 1,129.5 sqft13%
Price/sqft:$367 vs avg $40332%
More Insights
Built in 1967 (58 years old).
Condition: Built in 1967, this property is over 50 years old. The images reveal a severely outdated kitchen with original-style wood cabinets, old white appliances, laminate countertops, and dated flooring. The bathroom is equally outdated with a tiled countertop, old vanity, metal-framed shower enclosure, and dated wallpaper. Other features like popcorn ceilings, wood paneling, and light fixtures are also from an earlier era. While functional, the unit requires substantial rehabilitation and modernization to meet current quality standards and aesthetic expectations, aligning with the 'Poor' condition criteria for properties built over 30 years ago with renovations likely 30-50+ years ago.
Year Built
1967
Close
-
List price
$269K
Original List price
$269K
Price/Sqft
$367
HOA
$650
Days on market
-
Sold On
-
MLS number
SR25192327
Home ConditionPoor
Features
Deck
Pool
Spa
View-
About this home
This is the opportunity you've been waiting for!! Spacious and light-filled 1-bedroom, 1-bath first floor unit. The open living and dining area leads to a private balcony overlooking the peaceful interior courtyard. The primary bedroom is spacious. Located in a gated community and amenities including pool, spa, fitness center, separate men’s/women’s saunas, BBQ area, and tranquil courtyard. Includes two covered tandem parking spaces with overhead storage. Conveniently close to Ventura Blvd, Trader Joe’s, Ralphs, dining, shopping, and houses of worship. Full of potential and charm—don’t miss this exceptional Encino opportunity!
Condition Rating
Poor
Built in 1967, this property is over 50 years old. The images reveal a severely outdated kitchen with original-style wood cabinets, old white appliances, laminate countertops, and dated flooring. The bathroom is equally outdated with a tiled countertop, old vanity, metal-framed shower enclosure, and dated wallpaper. Other features like popcorn ceilings, wood paneling, and light fixtures are also from an earlier era. While functional, the unit requires substantial rehabilitation and modernization to meet current quality standards and aesthetic expectations, aligning with the 'Poor' condition criteria for properties built over 30 years ago with renovations likely 30-50+ years ago.
Pros & Cons
Pros
Extensive Community Amenities: The gated community offers a wide array of amenities including a pool, spa, fitness center, separate saunas, BBQ area, and a tranquil courtyard, enhancing lifestyle and value.
Prime Encino Location: Conveniently situated close to Ventura Blvd, Trader Joe’s, Ralphs, diverse dining, shopping, and houses of worship, providing excellent walkability and access to essentials.
Dedicated Parking & Storage: Includes two covered tandem parking spaces with valuable overhead storage, a significant advantage for condominium living.
Gated Community Security: Located within a gated community, offering enhanced security and a sense of exclusivity for residents.
Spacious Unit with Private Balcony: The unit features a spacious and light-filled open living/dining area, a generous primary bedroom, and a private balcony overlooking a peaceful interior courtyard.
Cons
High Association Fee: The monthly association fee of $650.0 is substantial for a 1-bedroom unit, significantly impacting the overall monthly cost of ownership.
Building Age: Built in 1967, the property is an older building, which may imply dated common areas, potential for future special assessments for major repairs, or the unit itself requiring modernization to meet contemporary tastes.
Limited Configuration: As a 1-bedroom, 1-bath unit, its appeal is limited primarily to singles or couples, potentially narrowing the buyer pool compared to units with more bedrooms or flexible layouts.