5429 Newcastle Avenue 309, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5429 Newcastle Avenue 309
Encino, California 91316
Property Price
SUMMARY
Analysis of 5429 Newcastle Avenue 309, Encino, California 91316 is currently available with a list price of $399,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Encino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant updates including distressed hardwood flooring and an open floor plan. While the building was constructed in 1964, the interior has been renovated within the last 5 to 15 years, specifically in the primary bathroom which features a modern walk-in shower and vanity. The unit appears well-maintained with no immediate repairs required, fitting the criteria for a high-quality, move-in ready home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Encino Location
Situated in the heart of Encino, the property offers exceptional proximity to Ventura Boulevard’s premier dining, shopping, and the Encino Town Center, significantly enhancing its lifestyle appeal and resale value.
- Functional Open Layout
The 1,068-square-foot floor plan features distressed hardwood floors and a primary suite with a walk-in closet, providing a spacious and modern feel that maximizes the available square footage.
- Desirable Community Amenities
The complex includes premium lifestyle amenities such as a swimming pool and spa, offering a resort-like atmosphere that is highly sought after in the San Fernando Valley market.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $600 monthly association fee is relatively high compared to the listing price, which may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
- Aging Building Infrastructure
Originally constructed in 1964, the building may require more frequent maintenance or face future special assessments for capital improvements compared to newer condominium developments.
About 5429 Newcastle Avenue 309
Subject to cancellation of current escrow. This classic 2-bedroom, 2-bathroom condo, spanning 1,068 square feet, blends modern comfort with timeless charm. Step inside to find distressed hardwood floors and an open floor plan that creates a spacious, inviting atmosphere-perfect for relaxing or entertaining. The in-suite primary bedroom is a true retreat, featuring a walk-in closet, vanity, and a walk-in shower in the private bathroom. The second bedroom is complemented by an additional bathroom with a bathtub, offering flexibility for guests or family. Enjoy your morning coffee or unwind in the evening on your outdoor balcony, a serene spot to soak in the California sunshine. The complex elevates your lifestyle with premium amenities, including a spa pool and swimming poolideal for a refreshing dip or a leisurely afternoon. Nestled in the heart of Encino, this condo places you within 2 miles of some of the area's most popular dining and shopping destinations. Savor exceptional cuisine at Davenport's Restaurant, a local favorite known for its innovative dishes and welcoming vibe, just a short drive away on Ventura Boulevard. For a taste of Persian excellence, Sadaf offers mouthwatering kebabs and fluffy basmati rice, earning rave reviews as one of the Valley's best. Sushi lovers can indulge at Sushi Note in nearby Sherman Oaks, celebrated for its fresh, expertly crafted omakase. On the shopping front, the Encino Town Center Shopping Center, less than a mile away, offers a variety of boutiques and everyday essentials. Ventura Boulevard's vibrant commercial strip is also nearby, brimming with trendy shops, cafes, and markets-perfect for a day of retail therapy. This is more than a condo it's a lifestyle. Don't miss your chance to live in a prime Encino location with top-tier amenities and the best of dining and shopping at your doorstep. Schedule a viewing today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 60,922 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $600.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,068 | 1,029 | 54% |
| Lot Size | 60,922 | 60,967 | 41% |
| Price | $399.0K | $419.0K | 46% |
| Price per sq ft | $374 | $397 | 42% |
| Built year | 1964 | 1971 | 5% |
| HOA | $600.0 | $650 | 36% |
| Days on market | 59 | 199 | 7% |
Pricing History
Listed for Sale
Jan 6, 2026
$399,000
Initial Listing
Sold
Apr 29, 2019
$330,000
Public Record

















