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5429 Newcastle, 303, Encino, CA 91316

$295K1bd · 1ba · 726 sqft
Lot 60,922 sqft•HOA $595/mo•Condominium•
Active
•10d on market•MLS# SR-26213978

Property Description

WHY RENT, BUY YOUR OWN, Walk distance to Ventura Blvd, Priced to Sell – One of the Best Values in Encino! TOP FLOOR , Don't miss this exceptional opportunity for a first-time buyer, investor, or anyone seeking an afford- able home in a prime location. Situated on the top floor of a quiet and well-maintained building, this spacious residence offers a comfortable and functional floor plan designed for everyday living. The inviting living room features beautiful oak wood flooring and opens to a private balcony, creating the perfect space to relax or enjoy your morning coffee. Adjacent to the living area is a dedicated dining space ideal for entertaining family and friends, while the kitchen offers ample room for meal preparation and daily convenience. The generously sized bedroom includes a large walk-in closet and is conveniently located near a full bathroom. The community offers desirable amenities including a sparkling pool, spa, recreation room, and well-maintained common areas. Located in the heart of Encino, you'll enjoy being just moments from Ventura Boulevard's renowned restaurants, cafes, shopping, and entertainment. Commuters will appreciate the easy access to both the 101 and 405 freeways, providing convenient connections to Downtown Los Angeles, the Westside, Calabasas, and beyond. A fantastic opportunity to own in one of the Valley's most sought-after neighbor-hoods at an incredible value.,

Features & Amenities

FeeBuilt 1964

Property Details

Land Type
Fee
Year Built
1964
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
Neighborhood, Pool
Flooring
Laminate, Tile
City
Encino
Zip Code
91316
County
Los Angeles
Listed byEquity Union, Bijan Hojjat

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,491.68
Principal & Interest
Loan Amount
$236,000
Total Interest
$301,005
Total Payment Over 30 Years
$537,005
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

5429 Newcastle, 303, Encino, CA 91316

Encino · Condominium

$295K
Affordable Tier
Beds
1
Baths
1
Sqft
726
Lot
1.40 ac
Year
1964
$/Sqft
$406
Pool: Yes✓
View: Neighborhood, Pool✓

Listed 35.6% above the median closed sale of $217,500. Price per sqft ($406) is a 19% premium to closed comps ($341).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $295K· $406/sqft
Total list price
Closed comps
vs closed median $218K
+$78K (+35.6%)
Active comps
vs active median $289K
+$6K (+2.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $407
−$1 (−0.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5429 Newcastle AvenueEncino19641169060,922$419$289,0005792
5400 Newcastle AvenueEncino19671169160,966$405$280,00015490
5403 Newcastle AvenueEncino19671165760,914$495$325,0006289
5412 Lindley AvenueEncino19711179556,048$439$349,00011185
5460 White Oak AvenueEncino197111683406,432$277$189,00010482
Total: 5 · Average1.01.0703.2129,056.4$407$286,40097.6
Median690$289,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5414 Newcastle AvenueEncino196709/01/20261172960,967$299,000$299,000$4101.004093
5460 White Oak AvenueEncino197106/24/2026116830$220,000$217,500$3180.992691
5500 LindleyEncino197908/28/20261170640,506$290,000$290,000$4111.0011586
5460 White OakEncino197108/24/202611683406,432$175,000$170,000$2490.979683
5460 White Oak AvenueEncino197107/14/202611683406,432$220,000$217,000$3180.997283
Total: 5 · Average1.01.0696.8228,584.25$238,700$238,700$341.2—69.8
Median683$217,500$217,500

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.