Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

5325 Newcastle

Encino, CA, 91316

1 / 12View all 12 photos

$279,000

MLS: SR25271335

Beds

0

Baths

1

Sq Ft

475

Lot

2.37 ac

Year Built

1971

MLS #

SR25271335

Days on Market

25

Listed

Dec 5, 2025

Description

Unit #127 Beautifully remodeled studio in the heart of Encino!** This bright and inviting unit features a spacious living area with a cozy fireplace, brand-new flooring, and a private balcony perfect for relaxing or enjoying morning coffee. The open layout offers comfortable living with a modern, updated feel throughout. Ideally located just a few blocks from Ventura Boulevard, you’re close to popular shopping, dining, and entertainment options. The well-maintained complex offers an impressive array of amenities, including a swimming pool, pool table, sauna, and conference room—perfect for both relaxation and convenience. A fantastic opportunity to enjoy stylish living in one of Encino’s most desirable locations! Seller very motivated.

Location

Encino, Los Angeles County, CA 91316

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Listed by: Roxanne Vardy · Pinnacle Estate Properties, Inc.

Payment estimate

$2,238

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $27,900 · Loan: $251,100

%
Principal & Interest
$1,543
Property tax (1.25%)
$291
Homeowners insurance
$300
Mortgage insurance
$105
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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 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 $9,765 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.

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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