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5730 Newcastle Avenue, Encino, California 91316, Encino, 91316 - 4 bed, 4 bath

5730 Newcastle Avenue, Encino, California 91316 home-pic-0
ACTIVE$1,480,000
5730 Newcastle Avenue, Encino, California 91316
4Beds
4Baths
2,592Sqft
5,502Lot

Price Vs. Estimate

The estimated value ($1,480,000) is $0 (0%) lower than the list price ($1,480,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unique Two-Story Design: This property stands out as one of the few two-story homes in the sought-after Encino Park area, offering a distinct architectural advantage and potentially more versatile living space.
Top Cons:
Property Age: Built in 1949, while major systems like AC and roof are new, other components such as plumbing or electrical systems may be original or older, potentially requiring future updates.

Compared to the nearby listings

Price:$1.48M vs avg $1.47M (+$15,000)51%
Size:2,592 sqft vs avg 2,250 sqft63%
Price/sqft:$571 vs avg $74312%

More Insights

Built in 1949 (76 years old).
Condition: This property, built in 1949, is in good condition, reflecting consistent maintenance and strategic updates. Key systems like the AC units and roof are newer, indicating significant investments in the property's core functionality. The kitchen features desirable granite countertops, stainless steel appliances, and wood-look tile flooring, making it functional and aesthetically pleasing, though the cabinet style is more traditional. While some bathrooms exhibit dated tile work and vanity styles (likely renovated 15-30 years ago), they are clean and fully functional, not requiring immediate repair. One bathroom appears more recently updated. The overall impression is a well-maintained, move-in ready home that aligns with the 'Good' condition criteria, despite some areas that a buyer might choose to update for modern aesthetics.
Year Built
1949
Close
-
List price
$1.48M
Original List price
$1.58M
Price/Sqft
$571
HOA
-
Days on market
-
Sold On
-
MLS number
SR25091457
Home ConditionGood
Features
Pool
Patio
ViewNeighborhood, Pool

About this home

Rare Two-Story Gem in Encino Park with Private Pool Retreat. Don’t miss your chance to own one of the few two-story homes in sought-after Encino Park! This beautifully maintained 4-bedroom, 4-bathroom home offers just over 2,500 square feet of comfortable living space designed for both relaxing and entertaining. Step inside to find spacious hallways, recessed lighting, built-in speakers, lots of storage space and an oversized 2-car garage. The master suite is huge with ample closet space and room to unwind. The kitchen features granite countertops and seamlessly connects to the living areas, creating a natural flow for hosting guests. French doors lead you to a private backyard oasis complete with a sparkling pool, mature landscaping, and lounge areas perfect for soaking up the sun or enjoying a quiet evening outdoors. With newer AC units and roof, this home reflects true pride of ownership. All of this just minutes from the 101 freeway and vibrant Ventura Blvd. This home truly has it all!

Condition Rating
Good
This property, built in 1949, is in good condition, reflecting consistent maintenance and strategic updates. Key systems like the AC units and roof are newer, indicating significant investments in the property's core functionality. The kitchen features desirable granite countertops, stainless steel appliances, and wood-look tile flooring, making it functional and aesthetically pleasing, though the cabinet style is more traditional. While some bathrooms exhibit dated tile work and vanity styles (likely renovated 15-30 years ago), they are clean and fully functional, not requiring immediate repair. One bathroom appears more recently updated. The overall impression is a well-maintained, move-in ready home that aligns with the 'Good' condition criteria, despite some areas that a buyer might choose to update for modern aesthetics.
Pros & Cons

Pros

Unique Two-Story Design: This property stands out as one of the few two-story homes in the sought-after Encino Park area, offering a distinct architectural advantage and potentially more versatile living space.
Private Backyard Oasis with Pool: The home boasts a private backyard oasis complete with a sparkling pool, mature landscaping, and dedicated lounge areas, perfect for relaxation and entertaining.
Recent Major System Upgrades: Significant investments have been made with newer AC units and roof, reflecting pride of ownership and reducing immediate maintenance concerns for a new buyer.
Well-Maintained & Functional Interior: The interior features spacious hallways, recessed lighting, built-in speakers, ample storage, an oversized 2-car garage, and a huge master suite, indicating a comfortable and well-cared-for living environment.
Convenient Location: Strategically located just minutes from the 101 freeway and vibrant Ventura Blvd, offering excellent accessibility to amenities, dining, and transportation.

Cons

Property Age: Built in 1949, while major systems like AC and roof are new, other components such as plumbing or electrical systems may be original or older, potentially requiring future updates.
Price Reduction History: The property has seen a notable price reduction from its original list price, which could suggest initial overpricing or a longer time on market than anticipated.
Unspecified Bathroom Updates: Although the kitchen features granite countertops, there is no explicit mention of updated bathrooms, which might imply they are dated and could require modernization to align with current buyer expectations.

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