5429 Newcastle Avenue 309, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5429 Newcastle Avenue 309, Encino, California 91316 home-pic-0
ACTIVE$426,000
5429 Newcastle Avenue 309, Encino, California 91316
2Beds
2Baths
1,068Sqft
60,922Lot
Year Built
1964
Close
-
List price
$426K
Original List price
$449K
Price/Sqft
$399
HOA
$600
Days on market
-
Sold On
-
MLS number
SR25139338
Home ConditionFair
Features
Good View: Pool
Pool
Spa
ViewPool

About this home

We found 3 Cons,5 Pros. Rank: price - $426.0K(38th), sqft - 1068(47th), beds - 2(50th), baths - 2(50th).

This classic 2-bedroom, 2-bathroom condo, spanning 1,068 square feet, blends modern comfort with timeless charm. Step inside to find distressed hardwood floors and an open floor plan that creates a spacious, inviting atmosphere-perfect for relaxing or entertaining. The in-suite primary bedroom is a true retreat, featuring a walk-in closet, vanity, and a walk-in shower in the private bathroom. The second bedroom is complemented by an additional bathroom with a bathtub, offering flexibility for guests or family. Enjoy your morning coffee or unwind in the evening on your outdoor balcony, a serene spot to soak in the California sunshine. The complex elevates your lifestyle with premium amenities, including a spa pool and swimming poolideal for a refreshing dip or a leisurely afternoon. Nestled in the heart of Encino, this condo places you within 2 miles of some of the area's most popular dining and shopping destinations. Savor exceptional cuisine at Davenport's Restaurant, a local favorite known for its innovative dishes and welcoming vibe, just a short drive away on Ventura Boulevard. For a taste of Persian excellence, Sadaf offers mouthwatering kebabs and fluffy basmati rice, earning rave reviews as one of the Valley's best. Sushi lovers can indulge at Sushi Note in nearby Sherman Oaks, celebrated for its fresh, expertly crafted omakase. On the shopping front, the Encino Town Center Shopping Center, less than a mile away, offers a variety of boutiques and everyday essentials. Ventura Boulevard's vibrant commercial strip is also nearby, brimming with trendy shops, cafes, and markets-perfect for a day of retail therapy. This is more than a condo it's a lifestyle. Don't miss your chance to live in a prime Encino location with top-tier amenities and the best of dining and shopping at your doorstep. Schedule a viewing today!

Price History

Date
Event
Price
10/14/25
Price Change
$426,000-5.1%
06/20/25
$449,000
Condition Rating
Fair

Built in 1964, this property shows signs of being aged but maintained. While it benefits from updated hardwood flooring and painted kitchen cabinets, the kitchen appliances (white, double wall oven, electric cooktop) are significantly dated. The bathrooms feature gold-framed shower doors and older fixtures, indicating a need for modernization. The presence of wall-mounted AC units instead of central HVAC also points to an older system. The home is functional and livable but requires minor to substantial cosmetic updates to align with current styles and expectations.
Pros & Cons

Pros

Prime Encino Location: Centrally located in Encino, offering convenient access to popular dining, shopping destinations, and the vibrant Ventura Boulevard.
Premium Complex Amenities: The complex provides desirable amenities including a spa pool and swimming pool, enhancing the resident's lifestyle.
Modern Interior Finishes: Features distressed hardwood floors and an open floor plan, creating a contemporary and inviting living space.
Well-Appointed Primary Suite: The in-suite primary bedroom offers a private retreat with a walk-in closet, vanity, and a walk-in shower.
Private Balcony & Pool View: Includes a private outdoor balcony for relaxation and offers a pleasant view of the complex's pool.

Cons

High Monthly Association Fee: The $600 monthly association fee is substantial and adds significantly to the overall cost of ownership.
Older Building Age: Built in 1964, the building is older, which may imply potential for future maintenance or infrastructure updates.
Recent Price Reduction: The property has undergone a recent price reduction from $449,000 to $426,000, which could suggest a longer market time or initial overpricing.

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