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5414 Newcastle Avenue 10, Encino, California 91316, Encino, 91316 - 2 bed, 1 bath

5414 Newcastle Avenue 10, Encino, California 91316 home-pic-0
ACTIVE$369,000
5414 Newcastle Avenue 10, Encino, California 91316
2Beds
1Bath
691Sqft
60,948Lot
Year Built
1967
Close
-
List price
$369K
Original List price
$385K
Price/Sqft
$534
HOA
$635.68
Days on market
-
Sold On
-
MLS number
SR24200911
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $369.0K(32th), sqft - 691(12th), beds - 2(50th), baths - 1(24th).

Don't miss this opportunity to own a beautifully updated unit in Encino! This immaculate 1-bedroom, 1-bathroom with a versatile bonus space (can double as a second bedroom or office) seamlessly blends modern amenities with charm. Step inside to discover a beautifully remodeled interior, featuring updated materials and finishes. You’ll love the kitchen, complete with newer cabinetry, Quartz countertops, bar seating, and stainless-steel appliances—designed for both style and functionality. The airy living room, filled with natural light, opens through sliding glass doors to a private balcony, offering a perfect spot to relax. The contemporary bathroom showcases a newly installed vanity, intricately detailed tilework, and stylish lighting accents. Additional highlights include newer flooring and an energy-saving tankless water heater. The community offers a pool, spa, conveniently located laundry room, and a rec room. One dedicated parking space with storage is included. Ideally situated near shops, restaurants, and transportation. Owner will also consider a lease for $2,400 a month.

Condition Rating
Excellent
Despite the building's 1967 construction, this unit has undergone a comprehensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The kitchen features newer white shaker cabinetry, Quartz countertops, stainless steel appliances, and a modern subway tile backsplash. The bathroom is equally impressive with a newly installed contemporary vanity, intricate tilework, and stylish lighting. Newer flooring throughout, recessed lighting, and an energy-saving tankless water heater further underscore the recent upgrades. The property is move-in ready with virtually new components and finishes, showing no deferred maintenance in the living spaces.
Pros & Cons

Pros

Modern Remodel: The unit boasts a beautifully remodeled interior with updated materials, finishes, newer kitchen cabinetry, Quartz countertops, stainless-steel appliances, a contemporary bathroom, newer flooring, and an energy-saving tankless water heater.
Versatile Floor Plan: The property includes a versatile bonus space that can function as a second bedroom or an office, significantly enhancing its utility and appeal for various living arrangements.
Desirable Community Amenities: Residents have access to attractive community features including a pool, spa, conveniently located laundry room, and a rec room, enriching the living experience.
Convenient Location: Ideally situated in Encino, the property offers excellent proximity to shops, restaurants, and transportation, providing convenience for daily needs and commuting.
Private Outdoor Space: The living room opens to a private balcony, offering a dedicated outdoor area for relaxation and enjoyment of natural light.

Cons

High Association Fees: The monthly association fee of $635.68 is substantial for a 1-bedroom unit, which could significantly impact the overall cost of ownership and affordability.
Older Building Age: Built in 1967, the building is over 50 years old, which may lead to potential future maintenance issues or special assessments for common area repairs, despite the unit's interior updates.
Absence of Central AC: The property description does not mention a central air conditioning system, which could be a significant comfort drawback during warmer months in Encino.

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