5429 Newcastle, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
5429 Newcastle
Encino, California 91316
Property Price
SUMMARY
Analysis of 5429 Newcastle, Encino, California 91316 is currently available with a list price of $439,500. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
The property has undergone an extensive and comprehensive modern renovation, making it virtually new inside. Key upgrades include a brand new AC/heating system, new sliding windows, brand new flooring, smooth ceilings with recessed lighting, and fresh paint throughout. The kitchen is fully updated with new stainless steel appliances, and the bathrooms feature new vanities and fixtures. These recent improvements meet the highest quality standards for a move-in ready, fully remodeled unit.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Remodel
The unit is fully move-in ready featuring brand new flooring, fresh paint, smooth ceilings with recessed lighting, and an updated kitchen with stainless steel appliances.
- Prime Encino Location
Ideally situated within walking distance of Ventura Boulevard's dining and shopping, while being positioned in a quiet section of the building away from street noise.
- Privacy-Oriented Layout
The excellent floor plan features bedrooms on opposite sides of the condo, providing enhanced privacy for residents or guests.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1013, other record living area = 1112.
- High Association Fees
The monthly HOA fee of $600 is relatively high for this price point, which may impact the overall monthly carrying costs for potential buyers.
- Building Age
Constructed in 1964, the building may lack the contemporary amenities and infrastructure found in newer condominium developments.
About 5429 Newcastle
Here is your opportunity to live in a for a fully remodeled 2-bedroom, 2-bathroom condominium located within walking distance of Ventura Boulevard in Encino. This unit features an excellent floor plan with bedrooms situated on opposite sides of the condo for added privacy. The property has undergone an extensive remodel, which includes brand new flooring and fresh paint throughout, smooth ceilings with recessed lighting, new closet doors and light fixtures. The updated kitchen is equipped with stainless steel appliances, and the bathrooms feature new vanities. Additionally, the unit is fitted with a brand new AC/heating system and new sliding windows that lead to a private balcony. The condo is situated in a very quiet section of the building, well positioned away from the street.
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 | 1,013 | 1,013 | 50% |
| Lot Size | 60,922 | 60,967 | 41% |
| Price | $439.5K | $430.0K | 53% |
| Price per sq ft | $434 | $400 | 68% |
| Built year | 1964 | 1971 | 5% |
| HOA | $600.0 | $650 | 36% |
| Days on market | 7 | 199 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$439,500
Initial Listing
Sold
Aug 30, 2011
$210,500
Public Record
Sold
Jan 12, 2007
$329,000
Public Record