ActiveCondominium

5429 Newcastle 215

Encino, CA, 91316

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$409,950

MLS: SR26044118

Beds

2

Baths

2

Sq Ft

1,013

Lot

1.40 ac

Year Built

1964

MLS #

SR26044118

Days on Market

48

Listed

Feb 27, 2026

Description

Here is your opportunity to live in a for a fully remodeled 2-bedroom, 2-bathroom condominium located within walking distance of Ventura Boulevard in Encino. This unit features an excellent floor plan with bedrooms situated on opposite sides of the condo for added privacy. The property has undergone an extensive remodel, which includes brand new flooring and fresh paint throughout, smooth ceilings with recessed lighting, new closet doors and light fixtures. The updated kitchen is equipped with stainless steel appliances, and the bathrooms feature new vanities. Additionally, the unit is fitted with a brand new AC/heating system and new sliding windows that lead to a private balcony. The condo is situated in a very quiet section of the building, well positioned away from the street.

Location

Encino, Los Angeles County, CA 91316

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Listed by: Salamand Rassibi · Re/Max Luxe

Payment estimate

$3,148

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $40,995 · Loan: $368,955

%
Principal & Interest
$2,267
Property tax (1.25%)
$427
Homeowners insurance
$300
Mortgage insurance
$154
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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 $14,348 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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