ActiveCondominium

5400 Newcastle Avenue 70

Encino, CA, 91316

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$350,000

MLS: SR26032634

Beds

1

Baths

1

Sq Ft

723

Lot

1.40 ac

Year Built

1967

MLS #

SR26032634

Days on Market

3

Listed

Feb 27, 2026

Description

Welcome home to this thoughtfully updated upper-level one-bedroom residence, where comfort and intentional design come together effortlessly. From the moment you enter, you’re greeted by natural light and a warm, inviting living space. The expansive living area flows seamlessly into a well-appointed kitchen featuring stainless steel appliances, generous cabinetry, and space for dining. The spacious bedroom offers a walk-in closet for ample storage, while the renovated bathroom showcases Carrara marble flooring and Moen chrome fixtures for a clean, modern feel. Step outside to your private balcony overlooking lush greenery, an ideal retreat for morning coffee or unwinding at the end of the day. Additional improvements include new windows and sliding door, updated electrical, including sub panel, an updated HVAC system, water heater, plumbing valves and supply lines. The secure building offers desirable amenities including a pool, spa, gym, barbecue area, and on-site laundry. One assigned parking space is included. Ideally located near Ventura Boulevard’s vibrant dining and shopping scene, this move-in-ready gem offers the perfect blend of style, convenience, and comfort. Photos are virtually staged.

Location

Encino, Los Angeles County, CA 91316

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Listed by: Zsuzsanna Nagy · Keller Williams Realty-Studio City

Payment estimate

$2,731

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $35,000 · Loan: $315,000

%
Principal & Interest
$1,935
Property tax (1.25%)
$365
Homeowners insurance
$300
Mortgage insurance
$131
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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 $12,250 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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