5325 Newcastle 322
Encino, CA, 91316
$399,999
MLS: SR26071811
Beds
2
Baths
1
Sq Ft
809
Lot
2.37 ac
Year Built
1971
MLS #
SR26071811
Days on Market
18
Listed
Apr 3, 2026
Description
Nestled in one of the most sought after neighborhoods of Encino this spectacular condo will capture even the most sophisticated buyer at the first sight. This turnkey unit , open floor plan, high ceiling , light bright hardwood floor throughout ,fireplace. kitchen with custom cabinets. with granite counter tops, recess lighting crown molding you name it. two large bedrooms . Gorgeous master bathroom , large patio with the storage great for entertainment and you could see fountain from the patio. beautiful, building with pool . recreation room ,BBQ area, Gym .don't miss it come and see it wont be last long. Also for lease for $2690 per month.
Location
Encino, Los Angeles County, CA 91316
Open on Google Maps ↗Listed by: Margreit Asanad · Alpha & Associates Real Estate
Payment estimate
$3,079
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $359,999
- Principal & Interest
- $2,212
- Property tax (1.25%)
- $417
- Homeowners insurance
- $300
- Mortgage insurance
- $150
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Encino home with as little as 3.5% down using an FHA loan — roughly $14,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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