5339 Newcastle Avenue

5339 Newcastle Avenue, Encino, CA, 91316

Description

5339 Newcastle Avenue sits in Encino, near the intersection of Reseda Blvd and Nordhoff St. This low-rise condominium building has three stories and offers views of the nearby neighborhood. The Los Angeles River runs close, adding to the area’s appeal. Good access to local roads supports travel in the community. The building consists of 41 units, with sizes that range from 1,253 to 1,916 square feet. It was built in 1964 and offers a mix of 2 and 3-bedroom layouts. Living spaces within the complex provide room for comfort and convenience. Residents appreciate easy access to a variety of amenities right on site. Recent unit prices range from $670,000 to $735,000. The lowest sold price in the past year is around $520,000, while the average closed price is $627,500. The average price per square foot is $400, making this complex a viable option for many buyers. Units typically spend about 88 days on the market before being sold. The building offers various common amenities. The outdoor areas include a pool and barbecue zones. Other features include a spa, sauna, picnic area, and gardens. Sidewalks and streetlights enhance the overall appeal of the site. Local establishments like Cross Roads Café are nearby for dining options. Public services, such as Four Lazy Traffic School, also add value to the area. The blend of residential comfort and community conveniences makes 5339 Newcastle Avenue a desirable location for potential buyers.