5429 Newcastle Avenue 313, Encino, California 91316, Encino, 91316 - 1 bed, 1 bath

5429 Newcastle Avenue 313, Encino, California 91316 home-pic-0
ACTIVE$345,000
5429 Newcastle Avenue 313, Encino, California 91316
1Bed
1Bath
690Sqft
60,922Lot
Year Built
1964
Close
-
List price
$345K
Original List price
$351K
Price/Sqft
$500
HOA
$600
Days on market
-
Sold On
-
MLS number
SR24217650
Home ConditionGood
Features
Pool
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $345.0K(28th), sqft - 690(12th), beds - 1(21th), baths - 1(24th).

Step Into Your Beautifully Upgraded Condo in Desirable Encino Gated Complex! This stunning 1-bedroom, 1-bathroom top-floor condo boasts an open floor plan, bountiful closet space, and an abundance of natural light. The large living room and dining area seamlessly connect to the upgraded kitchen and elegant bathroom, making this unit perfect for modern living. The generously sized master suite, dark hardwood floors, and recessed lighting further elevate the space. Storage is no issue here, with TWO roomy walk-in closets, an additional hallway closet, and a separate linen closet. Both the kitchen and bathroom have been tastefully updated with premium granite countertops, newer fixtures, and modern hardware. Enjoy the convenience of central air-conditioning and heating, as well as the peace of mind that comes with secured access and elevator service. The complex offers amenities including a sparkling pool, common areas, and laundry rooms on each floor with the unit being close to both the laundry room and elevator.. The unit also comes with a covered carport featuring a single assigned parking space and a large storage locker, conveniently located with easy elevator access. Situated just a short stroll from Ventura Blvd, you'll be steps away from local shops, restaurants, and grocery stores, ensuring unbeatable convenience in one of Encino's most sought-after neighborhoods. This is truly a MUST-SEE property! Schedule your viewing today.

Condition Rating
Good

This condo, built in 1964, has undergone a significant and stylish renovation, making it move-in ready. The kitchen features modern white shaker-style cabinets, light granite countertops, stainless steel appliances, and contemporary fixtures. The bathroom is equally updated with a modern vanity, granite countertop, and subway tile shower surround. Dark hardwood floors and recessed lighting are present throughout the main living areas, contributing to a fresh, modern aesthetic. While the building itself is older, the unit's interior has been extensively upgraded, likely within the last 5-15 years, bringing it to current quality standards. Central air-conditioning and heating are also present. The overall condition is excellent for a renovated unit, fitting the 'Good' category due to the age of the original structure and the likely timeframe of the renovation.
Pros & Cons

Pros

Prime Location & Walkability: Exceptional walkability to Ventura Blvd, providing immediate access to shops, restaurants, and grocery stores in a highly desirable Encino neighborhood.
Extensive Interior Upgrades: Features a beautifully upgraded kitchen and bathroom with premium granite countertops, modern fixtures, dark hardwood floors, and recessed lighting throughout.
Abundant Storage Capacity: Offers significant storage solutions including two walk-in closets, an additional hallway closet, a linen closet, and a large assigned storage locker.
Comprehensive Community Amenities: The gated complex provides a sparkling pool, common areas, secured access, elevator service, and convenient on-floor laundry facilities.
Modern Comforts & Convenience: Equipped with central air-conditioning and heating, an open floor plan, and a dedicated covered parking space with easy elevator access.

Cons

High Monthly Association Fee: The $600.00 monthly association fee is substantial for a 1-bedroom unit, potentially impacting affordability and cash flow.
Compact Square Footage: At 690 square feet, the unit offers a compact living space, which may be a limiting factor for buyers seeking more expansive accommodations.
Building Age: Constructed in 1964, the building's age, while well-maintained, could present considerations for long-term capital expenditures or aesthetic preferences for some buyers.

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