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

5349 Unit 18 Newcastle Avenue, Encino, California 91316 home-pic-0
ACTIVE$439,000
5349 Unit 18 Newcastle Avenue, Encino, California 91316
2Beds
2Baths
903Sqft
60,939Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Accessibility Features: The property offers excellent accessibility with disabled access and an elevator available directly from the parking, catering to a wider range of potential buyers.
Top Cons:
High Monthly Association Fee: The $635 monthly association fee is substantial for a 903 sqft unit, potentially impacting affordability and long-term ownership costs for buyers.

Compared to the nearby listings

Price:$439.0K vs avg $462.5K ($-23,500)44%
Size:903 sqft vs avg 1,129.5 sqft25%
Price/sqft:$486 vs avg $40588%

More Insights

Built in 1967 (58 years old).
Condition: Despite the building's age (1967), the unit has been 'NEWLY REMODELED' with 'BRAND NEW APPLIANCES' as stated in the description, which is strongly supported by the images. The kitchen features new-looking white cabinets, clean countertops, and modern black appliances. The bathroom has an updated vanity, sink, and faucet, with a clean shower enclosure, though the tiled countertop is a slightly older style. New grey laminate flooring and fresh white paint throughout give the unit a very clean, modern, and move-in ready feel, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Year Built
1967
Close
-
List price
$439K
Original List price
$439K
Price/Sqft
$486
HOA
$635
Days on market
-
Sold On
-
MLS number
SR25066943
Home ConditionExcellent
Features
Deck
Pool
ViewNeighborhood

About this home

ACCESS FOR DISABLED. ELAVATOR IS AVALABLE FROM THE PARKING. NEWLY REMODELED. BRAND NEW APLIANCES. 2 SEPARAT WALKING CLOSET. VERY CLOSE TO VENTURA BLVD, SHOPPING CENTERS, SCHOOLS, CHURCHES, BUSS, AND 101 FWY. SAFE AND CONVIENT AREA, WHER DON'T DRIVE A CAR. A MUST SEE

Condition Rating
Excellent

Despite the building's age (1967), the unit has been 'NEWLY REMODELED' with 'BRAND NEW APPLIANCES' as stated in the description, which is strongly supported by the images. The kitchen features new-looking white cabinets, clean countertops, and modern black appliances. The bathroom has an updated vanity, sink, and faucet, with a clean shower enclosure, though the tiled countertop is a slightly older style. New grey laminate flooring and fresh white paint throughout give the unit a very clean, modern, and move-in ready feel, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Pros & Cons

Pros

Accessibility Features: The property offers excellent accessibility with disabled access and an elevator available directly from the parking, catering to a wider range of potential buyers.
Recent Remodel & New Appliances: The unit has been newly remodeled and includes brand new appliances, ensuring a modern, move-in ready condition and reducing immediate buyer expenses.
Exceptional Walkability & Transit Access: Its prime location near Ventura Blvd, shopping centers, schools, churches, bus lines, and the 101 FWY allows for a highly convenient, car-optional lifestyle.
Ample Storage: The inclusion of two separate walk-in closets provides significant storage space, a valuable and often sought-after feature for a condominium unit.
Desirable Encino Location: Situated in a safe and convenient area of Encino, the property benefits from a sought-after neighborhood with strong community amenities and easy access to essentials.

Cons

High Monthly Association Fee: The $635 monthly association fee is substantial for a 903 sqft unit, potentially impacting affordability and long-term ownership costs for buyers.
Building Age: Constructed in 1967, the building is over 50 years old, which could lead to concerns about the condition of common area infrastructure and potential for future special assessments.
Limited Unit Size: At 903 square feet, the unit offers a relatively compact living space for a 2-bedroom, 2-bathroom configuration, which may not appeal to buyers seeking more expansive interiors.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state