5429 Newcastle 301
Encino, CA, 91316
$429,000
MLS: SB25254643
Beds
2
Baths
2
Sq Ft
1,157
Lot
1.40 ac
Year Built
1964
MLS #
SB25254643
Days on Market
103
Listed
Nov 5, 2025
Description
Attention investors and LA buyers seeking value + views—this gem checks every box! Top-floor 2-bedroom, 2-bath condo just off Ventura Boulevard featuring sweeping views and extensive interior updates throughout. This move-in ready condo showcases a fully modernized and updated kitchen with quartz countertops, marble tile backsplash, and stainless steel appliances. Both bathrooms have been beautifully remodeled as well, featuring modern finishes, ornate shower tiles and quartz countertop in the ensuite. The primary bedrooms offers a massive walk-in closet, ample hall cabinet space and expansive views, along with the ensuite bath. The second bedroom is located across the unit near to the entrance and main bathroom for optimal privacy and functionality. Durable luxury vinyl plank, tile, and wood flooring run throughout, complemented by abundant natural light and a desirable split-bedroom layout. Enjoy a private balcony with city and mountain views, central heat and A/C, assigned parking (with potential additional leased parking), private storage, same-floor laundry, secure entry, community pool, newer roof, and completed seismic retrofitting. Prime location near the 101 and 405 freeways, dining, shopping, parks, and major employment hubs.
Location
Encino, Los Angeles County, CA 91316
Open on Google Maps ↗Listed by: Ashlee Armas-La Bouff · Buckingham Investments, Inc
Payment estimate
$3,280
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $42,900 · Loan: $386,100
- Principal & Interest
- $2,372
- Property tax (1.25%)
- $447
- Homeowners insurance
- $300
- Mortgage insurance
- $161
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 $15,015 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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