5414 Newcastle Avenue 49, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5414 Newcastle Avenue 49, Encino, California 91316 home-pic-0
ACTIVE$398,900
5414 Newcastle Avenue 49, Encino, California 91316
2Beds
2Baths
859Sqft
60,967Lot
Year Built
1967
Close
-
List price
$399K
Original List price
$443K
Price/Sqft
$464
HOA
$629.99
Days on market
-
Sold On
-
MLS number
SR25032480
Home ConditionGood
Features
Good View: Pool
Deck
Pool
Spa
ViewPool

About this home

We found 3 Cons,5 Pros. Rank: price - $398.9K(34th), sqft - 859(24th), beds - 2(50th), baths - 2(50th).

WHY RENT WHEN YOU CAN OWN? Top floor 2-bedroom condo nestled in the heart of Encino. This condo has a unique semi private entrance off the main floor and its split-level layout introduces a refreshing sense of space and division. On the main level, there is a spacious primary bedroom, full bath, kitchen, large dining & living room area and balcony. The charm of a second bedroom loft area with bath adds an avant-garde touch, perfect for an inspired home office or a guest space. The generously sized kitchen has lots of cabinetry, newer stainless steel appliances and added electrical outlets to accommodate all your kitchen gadgets. This unit has central heating and AC, is freshly painted, has great natural light, a newer electrical panel, water heater and dual pane windows & patio door. Complex amenities include an elevator, pool, spa, separate men and women’s sauna, fitness center, BBQ area, serene courtyard and a covered parking space with a large overhead storage cabinet. Located in a gated community just steps away from Ventura Boulevard and everyday conveniences like Trader Joe’s, Ralphs, Houses of Worship, as well as many restaurants and shopping; this condo has a great location. Even daily commutes are simplified with easy access to the 101 and 405 freeways. This condo isn’t just a home; it’s a haven of convenience meshed with the gentle charm of Encino. With no neighbors above and location overlooking the interior courtyard, this home is close to all but is still very quiet and peaceful. Ready for your personal touch, it’s a space where life feels just right – a rare gem polished to near perfection, waiting for you. Come see why life here could be just what you have been searching for!

Condition Rating
Good

Despite being built in 1967, this condo unit has undergone significant and tasteful renovations, making it move-in ready. The kitchen features newer stainless steel appliances, modern white cabinetry, light countertops, and a subway tile backsplash, all in excellent condition. Both bathrooms are updated with modern floating vanities, contemporary light fixtures, and clean subway tile showers/tubs. The unit also benefits from newer essential systems including an electrical panel, water heater, and dual-pane windows, along with central heating and AC. The flooring throughout is a consistent, modern light-colored tile or LVP, and the walls are freshly painted. While the building itself is older, the extensive updates within the unit, particularly in the kitchen and bathrooms, align perfectly with the 'Good' condition criteria, indicating a property that has been extensively renovated within the last 5 to 15 years and requires no immediate repairs.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located in the heart of Encino, steps from Ventura Boulevard, offering immediate access to essential amenities like Trader Joe's, Ralphs, diverse restaurants, shopping, and convenient freeway access (101 & 405).
Extensive Complex Amenities: The gated community provides a wealth of amenities including an elevator, pool, spa, separate saunas, fitness center, BBQ area, serene courtyard, and a covered parking space with a large overhead storage cabinet.
Recent Upgrades & Good Condition: The unit boasts recent updates such as fresh paint, newer electrical panel, water heater, dual-pane windows & patio door, and newer stainless steel appliances, indicating good maintenance and reduced immediate expenses.
Unique & Private Layout: As a top-floor unit with a semi-private entrance, split-level design, and a loft bedroom, it offers a distinctive living experience. Its interior courtyard view and lack of upstairs neighbors ensure a quiet and peaceful environment.
Comfort & Natural Light: Equipped with central heating and AC, and benefiting from great natural light, the condo provides essential comfort and a bright, inviting atmosphere.

Cons

High Association Fee: The monthly association fee of $629.99 is substantial and could be a significant ongoing cost, impacting the overall affordability and budget for potential buyers.
Older Building Age: Built in 1967, the complex is over 50 years old. While the unit has updates, the age of the building itself may lead to higher maintenance costs for the association and potential for older infrastructure issues.
Loft-Style Second Bedroom: The 'second bedroom loft area' may not offer the same level of privacy or traditional enclosure as a standard bedroom, which could be a drawback for some buyers or limit its functionality.

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