5461 Newcastle Avenue 6, Encino, California 91316, Encino, 91316 - 2 bed, 3 bath

5461 Newcastle Avenue 6, Encino, California 91316 home-pic-0
ACTIVE$525,000$1,260/sqft
5461 Newcastle Avenue 6, Encino, California 91316
2Beds
3Baths
1,260Sqft
45,105Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: The townhome boasts a highly convenient location in Encino, offering quick access to restaurants, shopping, medical centers, and major freeways, enhancing daily convenience and potential appreciation.
Top Cons:
High Association Fee: The monthly association fee of $630.0 is relatively high, which can impact overall affordability and monthly housing costs for potential buyers.

Compared to the nearby listings

Price:$525.0K vs avg $447.5K (+$77,500)63%
Size:1,260 sqft vs avg 1,101.5 sqft69%
Price/sqft:$417 vs avg $40555%

More Insights

Built in 1973 (53 years old).
Condition: Built in 1973, this townhome has received thoughtful updates, including a remodeled eat-in kitchen with updated cabinets and granite countertops, though some appliances and light fixtures are older. Bathrooms are a mix of updated vanities and older fixtures, but all are functional and clean. The property is move-in ready with no immediate renovations required, and the building itself is undergoing cosmetic updates. While some elements show their age and central AC is not mentioned, the overall condition reflects a well-maintained home with recent improvements.
Year Built
1973
Close
-
List price
$525K
Original List price
$499K
Price/Sqft
$417
HOA
$630
Days on market
-
Sold On
-
MLS number
26634497
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

Welcome to this bright and well-appointed tri-level townhome in the heart of Encino, offering a functional layout and everyday comfort in a highly convenient location. The home features two primary suites, 2.5 bathrooms, and a versatile floor plan suited for modern living. Enjoy direct access from the gated subterranean garage with two side-by-side parking spaces. The entry level opens to a remodeled eat-in kitchen, filled with natural light and updated finishes, along with a convenient powder room for casual dining and entertaining. The main living level offers a spacious living room with a fireplace and wet bar, opening to a private patio for easy indoor-outdoor flow. It's a comfortable space for relaxing or hosting without wasted square footage. Upstairs, both bedrooms function as private suites with walk-in closets and en-suite bathrooms, including a remodeled second bedroom, providing added flexibility for guests, a home office, or shared living. In-unit laundry adds to the home's practicality. The community features a pool and spa, and the location places you close to restaurants, shopping, medical centers, and quick freeway access. A great opportunity to own a thoughtfully updated townhome in one of Encino's most accessible neighborhoods. Seller has paid off the special assessment for the building repairs and cosmetic updates which are underway.

I
Ian Ferguson
Listing Agent
Condition Rating
Good

Built in 1973, this townhome has received thoughtful updates, including a remodeled eat-in kitchen with updated cabinets and granite countertops, though some appliances and light fixtures are older. Bathrooms are a mix of updated vanities and older fixtures, but all are functional and clean. The property is move-in ready with no immediate renovations required, and the building itself is undergoing cosmetic updates. While some elements show their age and central AC is not mentioned, the overall condition reflects a well-maintained home with recent improvements.
Pros & Cons

Pros

Prime Location & Accessibility: The townhome boasts a highly convenient location in Encino, offering quick access to restaurants, shopping, medical centers, and major freeways, enhancing daily convenience and potential appreciation.
Updated & Functional Interior: Features a remodeled eat-in kitchen with updated finishes and a remodeled second bedroom, alongside a functional tri-level layout and versatile floor plan suited for modern living.
Dual Primary Suites: The property offers two primary suites, each with walk-in closets and en-suite bathrooms, providing excellent flexibility for residents, guests, or a home office setup.
Community Amenities & Parking: Residents benefit from community amenities including a pool and spa, direct access from a gated subterranean garage with two side-by-side parking spaces, and convenient in-unit laundry.
Financial Benefit - Special Assessment Paid: The seller has already paid off the special assessment for ongoing building repairs and cosmetic updates, removing a significant financial burden for the new owner.

Cons

High Association Fee: The monthly association fee of $630.0 is relatively high, which can impact overall affordability and monthly housing costs for potential buyers.
Building Age: Built in 1973, the building's age, despite recent updates, may suggest older infrastructure or potential for future maintenance concerns not covered by current assessments.
Lack of Mentioned Central AC: The property description does not explicitly mention a central cooling system, which could be a significant drawback during Encino's hot summer months and may require future installation.
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