5429 Newcastle, 303, Encino, CA 91316
5429 Newcastle, 303, Encino, CA 91316
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
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Encino · Condominium
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 5429 Newcastle Avenue | Encino | 1964 | 1 | 1 | 690 | 60,922 | $419 | $289,000 | 57 | 92 |
| 5400 Newcastle Avenue | Encino | 1967 | 1 | 1 | 691 | 60,966 | $405 | $280,000 | 154 | 90 |
| 5403 Newcastle Avenue | Encino | 1967 | 1 | 1 | 657 | 60,914 | $495 | $325,000 | 62 | 89 |
| 5412 Lindley Avenue | Encino | 1971 | 1 | 1 | 795 | 56,048 | $439 | $349,000 | 111 | 85 |
| 5460 White Oak Avenue | Encino | 1971 | 1 | 1 | 683 | 406,432 | $277 | $189,000 | 104 | 82 |
| Total: 5 · Average | 1.0 | 1.0 | 703.2 | 129,056.4 | $407 | $286,400 | 97.6 | |||
| Median | 690 | $289,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5414 Newcastle Avenue | Encino | 1967 | 09/01/2026 | 1 | 1 | 729 | 60,967 | $299,000 | $299,000 | $410 | 1.00 | 40 | 93 |
| 5460 White Oak Avenue | Encino | 1971 | 06/24/2026 | 1 | 1 | 683 | 0 | $220,000 | $217,500 | $318 | 0.99 | 26 | 91 |
| 5500 Lindley | Encino | 1979 | 08/28/2026 | 1 | 1 | 706 | 40,506 | $290,000 | $290,000 | $411 | 1.00 | 115 | 86 |
| 5460 White Oak | Encino | 1971 | 08/24/2026 | 1 | 1 | 683 | 406,432 | $175,000 | $170,000 | $249 | 0.97 | 96 | 83 |
| 5460 White Oak Avenue | Encino | 1971 | 07/14/2026 | 1 | 1 | 683 | 406,432 | $220,000 | $217,000 | $318 | 0.99 | 72 | 83 |
| Total: 5 · Average | 1.0 | 1.0 | 696.8 | 228,584.25 | $238,700 | $238,700 | $341.2 | — | 69.8 | ||||
| Median | 683 | $217,500 | $217,500 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.