5429 Newcastle 204, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
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Encino, California 91316
This Functional Value-Add Condominium is listed at $399,900, representing a stable entry point into the Encino market near its $380,988 Fair Market Value. Boasting a Condition Rating of 4, the residence is move-in ready yet offers significant upside through cosmetic updates to its 1964-era finishes. The privacy-centric layout features dual suites and a spacious balcony just steps from Ventura Boulevard’s elite dining and the Los Angeles Unified school district. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5429 Newcastle 204 Subject | $399,900* List Price | 2 | 2 | 1,092 | $349 | - |
A 5429 Newcastle Avenue 309 Sold | $410,000 | 2 | 2 | 1,068 | $384 | 0.0 mi |
B 5400 Newcastle Avenue 56 Sold | $405,000 | 2 | 2 | 1,111 | $365 | 0.1 mi |
C 5447 Zelzah Avenue 110 Sold | $450,000 | 2 | 3 | 1,285 | $350 | 0.2 mi |
D 5414 Newcastle Avenue 8 Sold | $280,000 | 2 | 2 | 901 | $311 | 0.1 mi |
E 5325 Newcastle Avenue 319 Sold | $485,000 | 2 | 2 | 1,166 | $416 | 0.1 mi |
F 5460 White Oak Ave C106 Sold | $295,000 | 2 | 2 | 990 | $298 | 0.4 mi |
G 5320 Zelzah Ave. 214 Active | $509,000 List Price | 2 | 2 | 1,080 | $471 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but it is significantly dated, reflecting its 1964 construction. The kitchen features older white appliances, white tile countertops with thick grout lines, and basic cabinetry. While the living areas have updated laminate flooring, the bathrooms and bedrooms retain a vintage aesthetic, and the presence of popcorn ceilings and older light fixtures indicates a lack of recent comprehensive renovation.
Situated just off Ventura Boulevard in Encino, the property offers exceptional walkability and proximity to high-end dining, shopping, and local amenities.
The split-bedroom floor plan positions bedrooms on opposite sides of the unit, providing enhanced privacy that is ideal for roommates or guests.
Priced under $400,000 for a two-bedroom, two-bathroom unit in a desirable neighborhood, this property represents a strong entry-level investment or starter home.
The $600 monthly association fee is relatively high for this price point, which may affect the debt-to-income ratio and overall affordability for potential buyers.
Constructed in 1964, the building may require more frequent maintenance or lack the modern architectural features and amenities found in newer condominium complexes.
Beautifull 2-bedroom, 2-bath condominium located just off Ventura Boulevard in Encino. This light-filled residence offers an excellent floor plan with bedrooms positioned on opposite sides of the unit, providing added privacy. Features include central air and heating, spacious walk-in closets, and a generously sized balcony ideal for indoor-outdoor living. Bright interiors throughout. Priced to sell quickly.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,092 | 1,037 | 53% |
| Lot Size | 60,922 | 60,967 | 43% |
| Price | $399.9K | $419.0K | 43% |
| Price per sq ft | $366 | $376 | 41% |
| Built year | 1964 | 1971 | 10% |
| HOA | $600.0 | $650 | 37% |
| Days on market | 14 | 188 | 2% |
Apr 8, 2026
$399,900
Initial Listing