5429 Newcastle Ave

5429 Newcastle Ave, Encino, CA, 91316

Description

5429 Newcastle Ave lies in Encino, at the intersection of Reseda Blvd and Saticoy St. The building sits in a vibrant community with local amenities and easy access to surrounding areas. It stretches three stories high and contains 36 condominium units. The closest water body is the Los Angeles River. Constructed in 1964, the building offers units that range from 690 to 1,172 square feet. Layouts include 1 and 2 bedrooms to suit different lifestyles. Prices for these properties range from $470,000 to $495,000. Recent sales reflect the market, with the lowest sold price in the last 12 months around $308,000. The average closed price comes to $404,334, equating to about $372 per square foot. Some amenities enhance the living experience here. Residents can enjoy a fitness center, pool, and clubhouse, along with a recreation room and meeting space. Outdoor options include a picnic area and sidewalks. Additional features like a jacuzzi and sauna offer relaxation points after a busy day. The building also has street lights and storm drains thoughtfully included for comfort. Local schools, such as Four Lazy Traffic School and Lisa Infant Toddler Experience, provide educational options nearby. The building captures a sense of community while providing recreational facilities for socializing. Average days on the market is around 53, indicating a healthy interest in the units here. Overall, this low-rise condominium delivers a variety of living spaces and ample features catering to active lifestyles. The blend of comfort and community-friendly amenities makes it a desirable choice in Encino. Whether looking for a personal residence or investment, the appeal is clear.