Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

5461 Newcastle Avenue 6

Encino, CA, 91316

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$515,000

MLS: 26634497

Beds

2

Baths

3

Sq Ft

1,260

Lot

1.04 ac

Year Built

1973

MLS #

26634497

Days on Market

99

Listed

Jan 7, 2026

Description

Welcome to this bright and well-appointed tri-level townhome in the heart of Encino, offering a functional layout and everyday comfort in a highly convenient location. The home features two primary suites, 2.5 bathrooms, and a versatile floor plan suited for modern living. Enjoy direct access from the gated subterranean garage with two side-by-side parking spaces. The entry level opens to a remodeled eat-in kitchen, filled with natural light and updated finishes, along with a convenient powder room for casual dining and entertaining. The main living level offers a spacious living room with a fireplace and wet bar, opening to a private patio for easy indoor-outdoor flow. It's a comfortable space for relaxing or hosting without wasted square footage. Upstairs, both bedrooms function as private suites with walk-in closets and en-suite bathrooms, including a remodeled second bedroom, providing added flexibility for guests, a home office, or shared living. In-unit laundry adds to the home's practicality. The community features a pool and spa, and the location places you close to restaurants, shopping, medical centers, and quick freeway access. A great opportunity to own a thoughtfully updated townhome in one of Encino's most accessible neighborhoods. Seller has paid off the special assessment for the building repairs and cosmetic updates which are underway.

Location

Encino, Los Angeles County, CA 91316

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Listed by: Ian Ferguson · Greenspan Realty

Payment estimate

$3,877

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $51,500 · Loan: $463,500

%
Principal & Interest
$2,848
Property tax (1.25%)
$536
Homeowners insurance
$300
Mortgage insurance
$193
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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 $18,025 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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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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