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$869,000   Price Analysis
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5237 Newcastle Ave Apt 301
Encino, CA 91316
2 bed 3 bath 1,923 SqFt ($451/SqFt)
0.63 acre lot. Built 1981
Listed 2024-06-06, HOA $475, Taxes $7,428
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Luxurious Penthouse for Sale with Stunning Mountain Views.

Property is 1, 923 square feet of living space, fully remodeled with high-end finishes and appliances. The following features make this a unique place a perfect home: extra-large loft space that can serve as a third bedroom or versatile living area, impressive 20-foot ceiling in the living room, creating an airy and big environment, private balcony with panoramic views, spacious private rooftop deck, perfect for entertaining, extra large, secured storage room for all your belongings, spacious walk-in closet for ample storage, two side-by-side parking spaces for convenience.

Building Amenities: recreational room is perfect for hosting gatherings or enjoying leisure activities, a table tennis setup for fun and exercise, billirds table for entertainment, relax and unwind in the building's sauna, large heated swimming pool and spa available year-round, fully-equipped gym for all your fitness needs. This penthouse offers a rare combination of luxury, comfort and convenience, making it an ideal home for those seeking a high-end lifestyle. Don't miss the opportunity to own this exceptional property with its unique features and prime location. Contact us today to schedule a viewing and experience the elegance and sophistication of this remarkable penthouse.


Presented by Konstantin Chernomorskiy at
KC Lending, Inc.


Property MLS #24-400445 from TheMLSCLAW

Bedrooms: 2
Bedroom 1 Features: All Bedrooms Down, 2 Master Bedrooms, WalkInCloset

Total Bathrooms: 3
Full Bathrooms: 3
Bathroom 1 Features: 2 Master Baths, Powder Room

Loft, Master Bedroom, Breakfast
Exercise Room: Yes

Laundry Facilities: In Unit
Laundry Features: In Unit

Stone Counters
Kitchen Features: Stone Counters

Cooling Features: Air Conditioning
Fireplace Features: Living Room
Heating Features: Central
Number of Fireplaces: 1

Furnished Description: Unfurnished
Flooring: Laminate, Ceramic Tile

Pool Features: Heated, Community
Spa Features: Community, Heated

Covered Spaces: 2
Garage Description: Assigned, Parking for Guests

Lot Size Acres: 0.6270432
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 27314

View: Mountains, Tree Top
Other Equipment: Built-Ins, Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Refrigerator, Washer, Water Line to Refrigerator, Range/Oven
Security Features: Automatic Gate, Smoke Detector, Exterior Security Lights, Fire and Smoke Detection System, Community

Assoc Barbecue
Assoc Maintains Landscape
Fitness Center
Controlled Access
Pool
Sauna
Rec Multipurpose Rm
Spa

Association: Yes
Association Fee: 475
Association Fee Frequency: Monthly
Association Fee Includes: Earthquake Insurance, Water and Sewer, Trash
Calculated Total Monthly Association Fees: 475
Association Phone: 8184064588

Number of Units: 20

Unit Floor In Building: 3

Balcony
Double Door Entry
Source Listing Status: Active
County: Los Angeles
Directions: North of Ventura and South of 101 Freeway
Source Property Type: Residential
Area: Encino
Property Subtype: condo
Source Neighborhood: Encino
Parcel Number: 2162-005-108
Postal Code Plus 4: 3076
Zoning: LAR3
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$267,414 + $358,251
$625,665
$7,428
2021$262,171 + $351,227
$613,398
$7,329
2020$259,483 + $347,626
$607,109
$7,401
2019$254,396 + $340,810
$595,206
$7,106
2018$249,408 + $334,128
$583,536
$7,070
2017$244,518 + $327,577
$572,095
$6,912
2016$219,000 + $291,000
$510,000
$6,137
2015$219,000 + $291,000
$510,000
$6,137
2014$219,000 + $291,000
$510,000
$6,280
2013$177,000 + $236,000
$413,000
$5,121
2012$169,000 + $226,000
$395,000
$5,063
2010$169,000 + $226,000
$395,000
$5,916
2009$161,100 + $215,800
$376,900
$4,672
2009$196,600 + $263,400
$460,000
$4,672
2008$216,052 + $289,441
$505,493
$6,089
2007$211,816 + $283,766
$495,582
$5,883

Listed 2024-06-06
$869,000
TheMLSCLAW
Sold 2004-06-01
$467,000
Public Record
Sold 1989-01-04
$200,000
Public Record
Sold 1988-03-21
$200,000
Public Record

Total Square Feet Living: 1923
Year Built: 1981
Building Name: Encino Horizons HOA
Common Walls: Attached
Direction Faces: East
Levels: Split Level
Living Area Source: Vendor Enhanced
Property Age: 43
Structure Type: Attached, Condominium, Penthouse
House Style: Traditional
Year Built Source: Vendor Enhanced
Architectural Style: Traditional

Nestle Avenue Charter School is a public elementary school located approximately 0.4 miles away.
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Gaspar De Portola Middle School is a public middle school located approximately 1 miles away.
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Reseda Senior High School is a public middle and high school located approximately 1.7 miles away.
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Golden Key Art is a private elementary, middle and high school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.