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ActiveCondominium

5429 Newcastle 303

Encino, CA, 91316

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$295,000

MLS: SR26213978

Beds

1

Baths

1

Sq Ft

726

Lot

1.40 ac

Year Built

1964

MLS #

SR26213978

Days on Market

11

Listed

Oct 2, 2026

Description

WHY RENT, BUY YOUR OWN, Walk distance to Ventura Blvd, Priced to Sell – One of the Best Values in Encino! TOP FLOOR , Don't miss this exceptional opportunity for a first-time buyer, investor, or anyone seeking an afford- able home in a prime location. Situated on the top floor of a quiet and well-maintained building, this spacious residence offers a comfortable and functional floor plan designed for everyday living. The inviting living room features beautiful oak wood flooring and opens to a private balcony, creating the perfect space to relax or enjoy your morning coffee. Adjacent to the living area is a dedicated dining space ideal for entertaining family and friends, while the kitchen offers ample room for meal preparation and daily convenience. The generously sized bedroom includes a large walk-in closet and is conveniently located near a full bathroom. The community offers desirable amenities including a sparkling pool, spa, recreation room, and well-maintained common areas. Located in the heart of Encino, you'll enjoy being just moments from Ventura Boulevard's renowned restaurants, cafes, shopping, and entertainment. Commuters will appreciate the easy access to both the 101 and 405 freeways, providing convenient connections to Downtown Los Angeles, the Westside, Calabasas, and beyond. A fantastic opportunity to own in one of the Valley's most sought-after neighbor-hoods at an incredible value.,

Location

Encino, Los Angeles County, CA 91316

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Listed by: Bijan Hojjat · Equity Union

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$3,151

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $29,500 · Loan: $265,500

%

Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$1,838
Property tax (1.25%)
$307
Homeowners insurance
$300
Mortgage insurance
$111
HOA dues
$595
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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 Oct 8, 2026

30-year fixed
7.40%
15-year fixed
6.73%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $10,325 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.

Similar Homes Nearby

Active and pending listings in ZIP 91316 (Encino)within ±10% of this home's price and size.

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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.