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Backup Offers

5339 Newcastle Ave Unit 103, Encino, CA, 91316

$498,000

Home List Price

$5,914*

Closing Credit

2 Bedrooms
2 Full Baths
1,253 SqFt
$397/SqFt
Condo
Schools Nearby

Location

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5339 Newcastle Ave Unit 103, Los Angeles$498,000

Buyer Closing Credits

$5,914*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage2 spaces
Year Built1964
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
Private PoolYes
MLS #SB22161072
Lot Size0.70 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5339 Newcastle Ave Unit 103

Bright and spacious apartment, approximately 1,253 SF, in the heart of Encino and nearby Lake Balboa recreational area. The apartment is located on the 1st floor with an open floor plan consisting of 2 bedrooms, 2 baths, walk in closet in master suite, plenty of cabinet space in the kitchen, central A/C and lots of natural light. Condo has ample amenities including elevators, community pool, BBQ area, 2 gated assigned parking, trash chute, and laundry facilities on each level and is within walking distance to Ventura Blvd with easy access to 101 Fwy, shopping, and restaurants. Unit is tenant occupied.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Living Area: 1,253 SqFt

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Office Phone: (310) 374-1800
  • Listing Agent: David Caskey

Interior Features

Interior Information:

  • Interior: Balcony
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.70 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Reseda Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Gaspar De Portola Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Nestle Avenue Charter, Public Charter Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: From Ventura Blvd, turn into Newcastle Ave. Complex will be on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $498,000
  • Price Per SqFt: $397/SqFt

HOA Fees:

  • Amount: $517
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,377
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

5339 Newcastle Ave Unit 103 vs Los Angeles

641 DAYS ON ROCKET

+607 Days

$498,000

-$488.4K Less

$397/SqFt

-$235 Less

KEY TAKEAWAY

This property is $488.4K less than the Median Sold Price and $235/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB22161072

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Office Phone: (310) 374-1800
  • Listing Agent: David Caskey

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 2:20:44 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,377$446,000
2020$5,040$418,000
2019$4,723$418,000
2018$4,374$385,000
2017$4,374$357,000

History based on county public records data.

Payment Calculator

$3,070

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,560

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5974957
8
/10

  • Nestle Avenue Charter

  • 5060 Nestle Ave

  • 0.50 miles

  • Public Charter Grades KG-5

school-card-donut-5974958
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 7.04 miles

  • Public Magnet Grades 1-5

school-card-donut-5974959
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 11.79 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-5974960
7
/10

  • Gaspar De Portola Middle School

  • 18720 Linnet St

  • 0.96 miles

  • Public Magnet Grades 6-8

school-card-donut-5974961
4
/10

  • Studio

  • 2211 W Avenue 30

  • 17.07 miles

  • Public District Grades 6-8

High School

school-card-donut-5974962
4
/10

  • Reseda Senior High School

  • 18230 Kittridge St

  • 1.45 miles

  • Public Magnet Grades 9-12

school-card-donut-5974963
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 2.09 miles

  • Public Magnet Grades 9-12

school-card-donut-5974964
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 20.06 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,348. The most common annual income of people living in Los Angeles, CA is less than $35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5339 Newcastle Ave Unit 103

What is the listing price of this property?

The listing price of 5339 Newcastle Ave Unit 103 property is $498,000.

What type of property is this?

The property 5339 Newcastle Ave Unit 103 is a condo located in Encino, California, 91316.

Is this property for sale now?

Accepting Backup Offers: 5339 Newcastle Ave Unit 103 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5339 Newcastle Ave Unit 103 are:
Nestle Avenue Charter: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Gaspar De Portola Middle School: GreatSchools Rating 7/10
Studio: GreatSchools Rating 4/10
Reseda Senior High School: GreatSchools Rating 4/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,377 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5339 Newcastle Ave Unit 103 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5339 Newcastle Ave Unit 103 is 1,253 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5339 Newcastle Ave Unit 103 is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›91316›5339 Newcastle Ave Unit 103

This home is located at 5339 Newcastle Ave Unit 103 in Encino, CA and zip code 91316 in the The San Fernando Valley neighborhood. This 1,253 square foot home, which was built in 1964, sits on a 0.70 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 02, 2022 and is currently priced at $498,000.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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