ActiveCondominium

5325 Newcastle 322

Encino, CA, 91316

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$399,999

MLS: SR26093375

Beds

2

Baths

1

Sq Ft

809

Lot

2.37 ac

Year Built

1971

MLS #

SR26093375

Days on Market

11

Listed

Apr 30, 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 Primary bathroom , large patio with the storage great for entertainment and you could see fountain from the patio. Nice view. 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

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Listed by: Margreit Asanad · Alpha & Associates Real Estate

Payment estimate

$3,144

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $359,999

%
Principal & Interest
$2,278
Property tax (1.25%)
$417
Homeowners insurance
$300
Mortgage insurance
$150
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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 May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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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Local Market Stats

See Encino, CA 91316 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.