5400 Newcastle Avenue 56, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5400 Newcastle Avenue 56, Encino, California 91316 home-pic-0
ACTIVE$415,000
5400 Newcastle Avenue 56, Encino, California 91316
2Beds
2Baths
1,111Sqft
60,966Lot
Year Built
1967
Close
-
List price
$415K
Original List price
$415K
Price/Sqft
$374
HOA
$701
Days on market
-
Sold On
-
MLS number
SR25272037
Home ConditionGood
Features
Good View: None
Deck
Pool
Spa
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $415.0K(37th), sqft - 1111(49th), beds - 2(50th), baths - 2(50th).

VA Approved!! Welcome home to this inviting top-floor condo, featuring 2 bedrooms, 2 bathrooms, and a versatile den/office perfect for working from home. Enjoy a light-filled open layout with a private balcony offering beautiful north-facing mountain views. The spacious kitchen boasts real wood cabinetry, granite countertops, and stainless steel appliances, and is conveniently equipped with an in-unit washer and dryer. Both bedrooms offer generous space and ample closets, complemented by fresh paint, new vinyl flooring, new window treatments, and a brand-new AC unit for year-round comfort. Located in a prime spot within the community, this unit provides easy elevator access with no stairs required. In addition to the in-unit laundry, you’ll appreciate the large community laundry room downstairs for added convenience. The community offers fantastic amenities, including two tandem parking spaces, a private storage closet, a gym, pool, spa, and BBQ area—everything you need for comfortable and convenient living.

Price History

Date
Event
Price
12/06/25
Listing
$415,000
06/03/21
Sold
$405,000
01/26/12
Sold
$207,000
09/26/06
Sold
$355,000
04/14/05
Sold
$335,000
Condition Rating
Good

This condo, built in 1967, presents as move-in ready due to several significant recent updates. The description highlights 'fresh paint, new vinyl flooring, new window treatments, and a brand-new AC unit,' which are all within the last 5 years and contribute greatly to its modern appeal and comfort. The kitchen features real wood cabinetry, granite countertops, and stainless steel appliances, which, while the cabinetry style might not be ultra-modern, the appliances and countertops are updated and functional. The in-unit washer/dryer is also a modern convenience. While the bathrooms appear to be the most dated aspect, they are clean and functional, not requiring immediate renovation. The property meets the 'Good' criteria of being move-in ready with no immediate renovation required, having well-maintained systems (new AC), and some components updated recently, even if it hasn't undergone a full, extensive renovation.
Pros & Cons

Pros

VA Approved Status: The property is VA Approved, significantly broadening the potential buyer pool and making it accessible to veterans.
Extensive Recent Upgrades: Features fresh paint, new vinyl flooring, new window treatments, and a brand-new AC unit, ensuring a move-in ready condition with reduced immediate maintenance for buyers.
Rich Community Amenities: Residents benefit from a gym, pool, spa, BBQ area, and private storage, enhancing lifestyle and offering comprehensive recreational options.
Functional & Desirable Unit Features: Includes a top-floor location, versatile den/office, private balcony with north-facing mountain views, and convenient in-unit washer/dryer, maximizing comfort and utility.
Updated Kitchen: The spacious kitchen boasts real wood cabinetry, granite countertops, and stainless steel appliances, providing a modern and appealing culinary space.

Cons

High Monthly Association Fee: The $701.0 monthly association fee is substantial and adds a significant recurring cost to homeownership, impacting affordability.
Building Age: Constructed in 1967, the building is over 50 years old, which may lead to higher ongoing maintenance costs or potential for future special assessments for common area repairs.
Tandem Parking: While two parking spaces are provided, the tandem arrangement can be inconvenient for daily use, requiring cars to be moved to allow access.

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