5349 Newcastle Avenue 18, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5349 Newcastle Avenue 18, Encino, California 91316 home-pic-0
ACTIVE$459,000
5349 Newcastle Avenue 18, Encino, California 91316
2Beds
2Baths
903Sqft
60,920Lot
Year Built
1967
Close
-
List price
$459K
Original List price
$469K
Price/Sqft
$508
HOA
$529.55
Days on market
-
Sold On
-
MLS number
SR25010334
Home ConditionGood
Features
ViewCourtyard

About this home

We found 3 Cons,5 Pros. Rank: price - $459.0K(50th), sqft - 903(25th), beds - 2(50th), baths - 2(50th).

ACCESS FOR DISABLED, ELVATOR IS AVALABLE FROM THE PARKING. NEWLY REMODELED, BRAND NEW SAMSUNG APPLIANCES, 2 BEDROOMS PLUS 2 SEPARATE BATHROOMS AND WALKING CLOSETS, IDEAL FOR 2 ROOMMATES. IT'S VERY CLOSE TO VENTURA BLVD, RALPHS, ROSS, DOLLAR THREE, SHOPPING CENTERS, SCHOOLS, CHURCHES, SENIOR CENTERS, BUS TO THE WEST LA AND DOWNTOWN. CLOSE TO 101 FWY. SAFE AND CONVENIENT AREA, WHERE DON'T DRIVE A CAR. A MUST SEE.

Condition Rating
Good

The property has been 'NEWLY REMODELED' with 'BRAND NEW SAMSUNG APPLIANCES' as stated in the description, which is evident in the kitchen with modern white shaker cabinets, new countertops, and flooring. The main living areas also feature new, light grey wood-look laminate flooring and fresh paint, making the unit move-in ready. However, the bathrooms, while clean and functional with updated fixtures, retain older tiled countertops, indicating they were not fully renovated to the same modern standard as the kitchen. The building itself was constructed in 1967, and some common areas (like the gym) show their age, preventing an 'Excellent' rating. Overall, the unit is in very good, updated condition, but not every component is brand new or ultra-modern.
Pros & Cons

Pros

Newly Remodeled Interior: The property boasts a newly remodeled interior with brand new Samsung appliances, offering a modern, move-in ready living space.
Exceptional Walkability & Transit Access: Located in a highly convenient area, it offers easy access to Ventura Blvd, shopping centers, schools, and public transportation, including buses to West LA and Downtown, and close proximity to the 101 FWY.
Accessibility Features: The building provides disabled access and an elevator from the parking, enhancing convenience and broadening its appeal to a wider range of buyers.
Roommate-Friendly Layout: With two bedrooms, two separate bathrooms, and walk-in closets, the layout is ideal for roommates, offering privacy and functionality.
Desirable Encino Location: Situated in Encino, a sought-after area, providing a safe and convenient neighborhood with a strong community feel.

Cons

High Association Fee: The monthly association fee of $529.55 is substantial and could be a deterrent for some buyers, impacting overall affordability and cash flow.
Building Age: Constructed in 1967, the building's age, despite unit remodels, may raise concerns about common area maintenance, infrastructure, or potential for future special assessments.
Limited Unit Size: At 903 sqft, the unit is relatively compact for a two-bedroom, which might not suit buyers seeking more spacious living areas.

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