5429 Newcastle Ave

5429 Newcastle, Encino, CA, 91316

Description

5429 Newcastle Unit 301 sits in Encino, at the intersection of Nordhoff Street and White Oak Avenue. The property is just minutes from Ventura Blvd and close to key transportation routes, like the 101 and 405 freeways. Nearby, residents can enjoy the Lake Balboa recreational area and Sherman Oaks Galleria. This low-rise building has 3 stories and a total of 40 units. Built in 1964, units range from 690 to 1,172 square feet. Each unit typically has either 1 or 2 bedrooms and many have open floor plans. Some units feature large balconies that provide beautiful views of the mountains and the surrounding neighborhood. Prices for units within the building range from $470,000 to $495,000. The average sold price over the past year is about $404,334, with a price per square foot of $372. Units spent an average of 53 days on the market, reflecting current market dynamics. The lowest sold price in the past year was around $308,000. Shared amenities enhance the living experience. The building includes a community pool, laundry rooms, elevators, and gated entry for security. Additional features include a recreation room, fitness center, spa, and picnic area. Residents can access various outdoor activities like hiking and biking trails. Scenic views and abundant natural light brighten many units, thanks to large windows and balconies. Architectural traits such as smooth ceilings and recessed lighting add a modern touch. The building’s environment invites relaxation while providing convenient access to local attractions and daily necessities.