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5400 Newcastle Ave 55, Encino, CA 91316

Sale Price: $420,000
Feb 12, 2025945 sqft2 beds2 baths
Listed by: Mark Gonzales
License #: 01493942
Phone #: 310-230-5478
Compass
Source:
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MLS #: SR25032629

Property Description

Prime Encino Location, Top Floor Unit & Zoned to Highly Desirable Schools!  Experience the convenience of this fabulous location—just off Ventura Boulevard! Enjoy easy access to fantastic restaurants, shopping, grocery stores, (including Trader Joe’s), coffee shops, and gyms like Equinox and LA Fitness. Experience lake activities at Lake Balboa Park plus, golf, tennis courts, bike, and jogging paths at Sepulveda Basin Recreation Center! Zoned to coveted Nestle Ave Charter Elementary and Gaspar De Portola Middle schools. This 2-bedroom, 2-bath condo offers 945 sq. ft. of functional living space. The open living area is spacious and filled with natural light, leading to a private balcony—perfect for relaxing or entertaining. The kitchen features granite countertops, stainless steel appliances, and a brand-new oven range. A dedicated dining area makes it easy to enjoy meals or host gatherings. The primary bedroom includes two closets (one walk-in) and an ensuite bathroom with a step-in shower. The guest bedroom is well-sized, and an additional walk-in closet in the hallway provides extra storage. The guest bathroom includes a tub/shower combo for added convenience. This lovely community offers great amenities, including multiple swimming pools, a gym, BBQ areas, green pathways, open grassy spaces, elevators, and multiple laundry areas. Secure 2-car tandem parking with built-in storage adds extra convenience.  Convenient access to Beverly Hills, UCLA, The Westside, Downtown Los Angeles, and major employment centers via The 405 and 101 freeways. Whether you’re a first-time buyer, investor, or simply looking for a well-located home, this is a fantastic opportunity. Schedule a showing today! *Some photos have been virtually staged.
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$5,267

TurboHome Estimated Value

$388,000

$411 sqft

High Valuation
$407,400
$431/sqft
Normal Valuation
$388,000
$411/sqft
Low Valuation
$368,600
$390/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$411/sqft$388,000

Neighborhood: Encino

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Comparative Value

$400K

$410K

$415K

$420K

$425K

$439K

5414 Newcastle Ave 52, Encino, CA 91316

Sale Price: $399,900

Selected Comparable

5349 Newcastle Ave 62, Encino, CA 91316

Sale Price: $410,000

Selected Comparable

5349 Newcastle Ave 67, Encino, CA 91316

Sale Price: $415,000

Selected Comparable

5400 Newcastle Ave 55, Encino, CA 91316

Sale Price: $420,000

Selected Comparable

5400 Newcastle Ave 55, Encino, CA 91316

List Price: $424,900

Subject Property

5403 Newcastle Ave 60, Encino, CA 91316

Sale Price: $439,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5400 Newcastle Ave 55, Encino, CA 91316

5400 Newcastle Ave 55, Encino, CA 91316

List: $424,900

Listed: 2/12/2025

Area:945 sqft
Price/sqft:$450
Beds:2
Baths:2
Year Built:
Lot Size:60,940.44

Comparable Properties

COMPARABLE
Choose comps
5349 Newcastle Ave 67, Encino, CA 91316

5349 Newcastle Ave 67, Encino, CA 91316

Sale: $415,000

6/2/20250.09 mi

Area:923 sqft
Price/sqft:$450
Beds:2
Baths:2
Year Built:
Weight:20.4%
5400 Newcastle Ave 55, Encino, CA 91316

5400 Newcastle Ave 55, Encino, CA 91316

Sale: $420,000

3/21/20250.00 mi

Area:945 sqft
Price/sqft:$444
Beds:2
Baths:2
Year Built:
Weight:20.2%
5403 Newcastle Ave 60, Encino, CA 91316

5403 Newcastle Ave 60, Encino, CA 91316

Sale: $439,000

7/2/20250.09 mi

Area:1,024 sqft
Price/sqft:$429
Beds:2
Baths:2
Year Built:
Weight:20.0%
5414 Newcastle Ave 52, Encino, CA 91316

5414 Newcastle Ave 52, Encino, CA 91316

Sale: $399,900

6/3/20250.03 mi

Area:1,024 sqft
Price/sqft:$391
Beds:2
Baths:2
Year Built:
Weight:19.8%
5349 Newcastle Ave 62, Encino, CA 91316

5349 Newcastle Ave 62, Encino, CA 91316

Sale: $410,000

2/19/20250.09 mi

Area:927 sqft
Price/sqft:$442
Beds:2
Baths:2
Year Built:
Weight:19.6%

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