5339 Newcastle Avenue 103
Encino, CA, 91316
$475,000
MLS: SB22161072
Beds
2
Baths
2
Sq Ft
1,253
Lot
0.70 ac
Year Built
1964
MLS #
SB22161072
Days on Market
1,077
Listed
Aug 1, 2022
Description
Seller is motivated—submit your offer. Bright and spacious condominium in the heart of Encino, near the Lake Balboa Park recreational area. Located on the first floor, this open floor plan features 2 bedrooms and 2 bathrooms, including a primary suite with a walk-in closet. The kitchen offers ample cabinet space, and the unit includes central A/C and abundant natural light throughout. Community amenities include elevators, a pool, BBQ area, three gated assigned parking spaces, a trash chute, and laundry facilities on each level. Conveniently situated within walking distance to Ventura Boulevard, with easy access to the U.S. Route 101, shopping, and dining.
Location
Encino, Los Angeles County, CA 91316
Open on Google Maps ↗Listed by: David Caskey · eXp Realty of California Inc
Payment estimate
$3,600
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $47,500 · Loan: $427,500
- Principal & Interest
- $2,627
- Property tax (1.25%)
- $495
- Homeowners insurance
- $300
- Mortgage insurance
- $178
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 $16,625 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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