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

5429 Newcastle Avenue 309, Encino, California 91316 home-pic-0
ACTIVE UNDER CONTRACT$399,000$1,068/sqft
5429 Newcastle Avenue 309, Encino, California 91316
2Beds
2Baths
1,068Sqft
60,922Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Nestled in the heart of Encino, the condo offers exceptional proximity to popular dining, shopping destinations, including Encino Town Center and Ventura Boulevard, enhancing lifestyle and convenience.
Top Cons:
Building Age: Constructed in 1964, the building's age may imply potential for older infrastructure or less modern common areas, despite unit updates.

Compared to the nearby listings

Price:$399.0K vs avg $445.0K ($-46,000)37%
Size:1,068 sqft vs avg 1,082 sqft50%
Price/sqft:$374 vs avg $40335%

More Insights

Built in 1964 (62 years old).
Condition: The property, built in 1964, features updated distressed hardwood floors and fresh paint, creating a clean and inviting atmosphere. However, the kitchen is significantly dated with tile countertops, tile backsplash, and older appliances (electric coil cooktop, double wall oven, refrigerator, dishwasher). Both bathrooms are also outdated, featuring older vanities, countertops, and very dated shower/tub enclosures with metal and gold-toned frames. While functional and well-maintained, these key areas require substantial updates to meet modern standards. The lack of central air conditioning is also a notable drawback for the region. Overall, it's a livable home that requires minor to moderate renovations to modernize the kitchen and bathrooms.
Year Built
1964
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$374
HOA
$600
Days on market
-
Sold On
-
MLS number
SR26000819
Home ConditionFair
Features
Good View: Pool
Pool
Patio
ViewPool

About this home

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!

Z
Zeev Perez
Listing Agent

Price History

Date
Event
Price
04/29/19
Sold
$330,000
Condition Rating
Fair
The property, built in 1964, features updated distressed hardwood floors and fresh paint, creating a clean and inviting atmosphere. However, the kitchen is significantly dated with tile countertops, tile backsplash, and older appliances (electric coil cooktop, double wall oven, refrigerator, dishwasher). Both bathrooms are also outdated, featuring older vanities, countertops, and very dated shower/tub enclosures with metal and gold-toned frames. While functional and well-maintained, these key areas require substantial updates to meet modern standards. The lack of central air conditioning is also a notable drawback for the region. Overall, it's a livable home that requires minor to moderate renovations to modernize the kitchen and bathrooms.
Pros & Cons

Pros

Prime Location: Nestled in the heart of Encino, the condo offers exceptional proximity to popular dining, shopping destinations, including Encino Town Center and Ventura Boulevard, enhancing lifestyle and convenience.
Community Amenities: The complex provides premium amenities such as a spa pool and swimming pool, offering residents recreational and relaxation opportunities.
Updated Interior Aesthetics: The unit features distressed hardwood floors and an open floor plan, creating a spacious, inviting atmosphere with modern appeal.
Private Outdoor Space: An outdoor balcony offers a serene spot for residents to enjoy morning coffee or unwind in the evening, soaking in the California sunshine.
Well-Appointed Primary Suite: The in-suite primary bedroom is a true retreat, complete with a walk-in closet, vanity, and a walk-in shower in the private bathroom, providing comfort and functionality.

Cons

Building Age: Constructed in 1964, the building's age may imply potential for older infrastructure or less modern common areas, despite unit updates.
High Association Fee: A monthly association fee of $600 is relatively high, adding a significant recurring cost to homeownership.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback during Encino's hot summer months.
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