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

5429 Newcastle, Encino, California 91316 home-pic-0
ACTIVE$479,000
5429 Newcastle, Encino, California 91316
2Beds
2Baths
1,157Sqft
60,922Lot
Year Built
1964
Close
-
List price
$479K
Original List price
$489K
Price/Sqft
$414
HOA
$600
Days on market
-
Sold On
-
MLS number
SB25254643
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
Pool
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $479.0K(50th), sqft - 1157(51th), beds - 2(50th), baths - 2(50th).

Elegant top-floor 2 bed, 2 bath condo in the sought-after Shelbourne Towers, showcasing classic mid-century modern style. This beautifully updated unit offers a private balcony with scenic mountain views—snow-capped in the winter—and features a tasteful blend of wood, tile, and luxury vinyl plank flooring throughout. Both bedrooms are generously sized with ample storage, and the primary suite includes dual walk-in closets. The kitchen is upgraded with Quartz countertops, marble backsplash tile, a French door refrigerator, and stainless steel appliances—all included. Both bathrooms have been stylishly renovated with modern fixtures and refined tilework. Additional conveniences include central heat and A/C, a shared laundry room dedicated to your floor, one assigned parking space, and a private storage unit in the garage. Extra parking may be available for lease (buyer to verify). The well-cared-for community offers a sparkling pool, secure entry, a newer roof, and completed seismic retrofitting. Situated just off Ventura Blvd, you’ll enjoy close proximity to upscale dining, high-end grocery options, and popular retail centers, with the Sherman Oaks Galleria only 4 miles away. Easy access to the 101 and 405 freeways ensures smooth commuting. Nearby attractions include the Sepulveda Basin Recreation & Sports Complex, several golf courses, hiking trails through Topanga Canyon, and the Getty Museum.

Price History

Date
Event
Price
12/19/25
Price Change
$479,000-2.0%
11/05/25
Listing
$489,000
02/06/24
Sold
$360,000
04/11/08
Sold
$217,500
12/05/05
Sold
$340,000
11/28/95
Sold
$50,000
Condition Rating
Excellent

This condo, built in 1964, has undergone an extensive and high-quality renovation, bringing its interior to excellent, modern standards. The kitchen features upgraded Quartz countertops, a stylish marble backsplash, and new stainless steel appliances, including a French door refrigerator and double oven. Both bathrooms have been tastefully renovated with modern fixtures and refined tilework, including a chic patterned floor in one. The property boasts a blend of wood, tile, and luxury vinyl plank flooring, all appearing new or virtually new. With central heat and A/C, and the description highlighting a 'beautifully updated unit' and 'stylishly renovated bathrooms,' the property meets the criteria for 'Excellent' due to its comprehensive and recent updates, showing no deferred maintenance and minimal physical depreciation in its living spaces.
Pros & Cons

Pros

Modern Updates & Inclusions: The condo boasts a beautifully updated interior with premium flooring, a fully upgraded kitchen (Quartz, marble, stainless steel appliances included), and stylishly renovated bathrooms, offering a move-in ready experience.
Strategic Location & Commuter Access: Located just off Ventura Blvd, providing immediate access to upscale dining, shopping, and entertainment, coupled with easy freeway access (101 & 405) for convenient commuting.
Robust Community Amenities & Infrastructure: The Shelbourne Towers community is well-maintained, featuring a sparkling pool, secure entry, a newer roof, and completed seismic retrofitting, ensuring long-term stability and appeal.
Scenic Mountain Views & Top-Floor Privacy: As a top-floor unit, it offers enhanced privacy and a private balcony with picturesque mountain views, including snow-capped peaks in winter, adding significant aesthetic value.
Comprehensive Conveniences & Storage: Includes central heat/A/C, a dedicated shared laundry room, an assigned parking space, and a private garage storage unit, enhancing daily living convenience.

Cons

High Association Fees: The monthly association fee of $600 is substantial and adds a significant recurring cost to homeownership, potentially impacting affordability for some buyers.
Shared Laundry Facilities: The laundry room is shared, albeit dedicated to the floor, which may be less desirable than in-unit laundry for many modern buyers seeking maximum convenience.
Limited Guaranteed Parking: Only one assigned parking space is included, with additional parking subject to availability and lease, which could be inconvenient for households with multiple vehicles or frequent guests.

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