5429 Newcastle Avenue 213, Encino, California 91316, Encino, 91316 - 1 bed, 1 bath

5429 Newcastle Avenue 213, Encino, California 91316 home-pic-0
ACTIVE$329,000
5429 Newcastle Avenue 213, Encino, California 91316
1Bed
1Bath
690Sqft
60,922Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Encino Location: Situated in an ideal Encino location, just off Ventura Blvd, providing excellent access to amenities and transportation.
Top Cons:
High Monthly Association Fee: The $600 monthly association fee is substantial for a one-bedroom unit, potentially impacting overall affordability.

Compared to the nearby listings

Price:$329.0K vs avg $462.5K ($-133,500)26%
Size:690 sqft vs avg 1,129.5 sqft12%
Price/sqft:$477 vs avg $40587%

More Insights

Built in 1964 (61 years old).
Condition: Built in 1964, this condo has received some recent minor updates like a new bathroom vanity, mirror, smart thermostat, and fresh paint. However, the kitchen features very dated tiled countertops, older white cabinets, and older floor tiles, despite some newer stainless steel appliances. The bathroom also retains older floor tiles. While the living areas have newer laminate flooring and the unit appears well-maintained and move-in ready, the overall aesthetic and key components like the kitchen and parts of the bathroom show significant signs of being outdated, aligning with a property that is aged but maintained through occasional, rather than extensive, updates.
Year Built
1964
Close
-
List price
$329K
Original List price
$329K
Price/Sqft
$477
HOA
$600
Days on market
-
Sold On
-
MLS number
225002775
Home ConditionFair
Features
View-

About this home

Situated in an ideal Encino location, just off of Ventura Blvd, this updated one bed, one bathroom condo is more than meets the eye. The spacious and open living area allows for a variety of design set ups with natural light pouring into your home. If you need storage, the unit has you completely covered with a walk-in closet in the bedroom, and THREE hallway closets including four linen cabinets, a shelving closet, and a second walk-in. The bedroom easily fits a king size bed with ample room for wardrobes and dressers. Recent updates include a new vanity and mirror in the bathroom, smart thermostat, and the unit has been recently painted. The complex has community laundry rooms, but in this unit, you won't have to travel far, as the nearest laundry room is conveniently located directly across the hall. Additionally, the unit comes with a covered parking space. With its prime location, ample amenities, and attractive price, you simply couldn't ask for more.

Condition Rating
Fair

Built in 1964, this condo has received some recent minor updates like a new bathroom vanity, mirror, smart thermostat, and fresh paint. However, the kitchen features very dated tiled countertops, older white cabinets, and older floor tiles, despite some newer stainless steel appliances. The bathroom also retains older floor tiles. While the living areas have newer laminate flooring and the unit appears well-maintained and move-in ready, the overall aesthetic and key components like the kitchen and parts of the bathroom show significant signs of being outdated, aligning with a property that is aged but maintained through occasional, rather than extensive, updates.
Pros & Cons

Pros

Prime Encino Location: Situated in an ideal Encino location, just off Ventura Blvd, providing excellent access to amenities and transportation.
Extensive Storage Solutions: Features exceptional storage with a walk-in bedroom closet and three additional hallway closets, including another walk-in.
Recent Interior Updates: Benefits from recent upgrades such as a new bathroom vanity, smart thermostat, and fresh paint, enhancing its move-in readiness.
Spacious & Bright Living Area: Offers a generously sized and open living area filled with natural light, allowing for flexible design and comfortable living.
Convenient Amenities: Includes a dedicated covered parking space and highly convenient access to the community laundry room located directly across the hall.

Cons

High Monthly Association Fee: The $600 monthly association fee is substantial for a one-bedroom unit, potentially impacting overall affordability.
Building Age: Built in 1964, the property is in an older complex, which may imply older infrastructure and potential for future maintenance considerations.
No In-Unit Laundry: While community laundry is conveniently located, the absence of private in-unit laundry facilities could be a drawback for some prospective buyers.

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