Rare find! This loft-inspired studio offers stunning mountain views—wide-lens photos don’t do it justice—along with a versatile bonus loft of approximately 110 sq. ft., currently used as a bedroom. Designed for both style and function, this open-concept space maximizes every square foot, creating a bright and inviting atmosphere. The living area flows seamlessly into the kitchen, making it perfect for relaxing or entertaining. Step onto your private balcony to take in the breathtaking scenery. Tucked away in a quiet, almost hidden location within the building, this unit offers a sense of privacy and tranquility. With ample natural light and a smart layout, it’s truly a gem. There is also easy potential to add in-unit washer and dryer functionality.
Located just a half-block off Ventura Boulevard, you’ll be within walking distance to Starbucks, Ralphs, Trader Joe’s, the library, and multiple dining and entertainment options. The unit also includes a single parking space in a gated garage for added security and convenience. Don’t miss out—this one’s a must-see! Title shows 475 square feet.
Sold for $310,000
Street View
Listed by: Luxury Collective • Steve Julian • Contact: 818-577-5257
Bought with: Luxury Collective
$310,000
5325 Newcastle Ave Unit 320, Encino, CA 91316
1beds
585sqft
Condominium
Built in 1971
-- sqft lot
$306,800 Zestimate®
$530/sqft
$2,057 Estimated rent
Home value
$306,800
$276,000 - $341,000
$2,057/mo
Zestimate® history
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List your homeWhat's special
Versatile bonus loftPrivate balconyOpen-concept spaceAmple natural lightSmart layoutStunning mountain views
Zillow last checked:
Listing updated:
Listed by:
Steve Julian DRE #01909119 818-577-5257,
Luxury Collective
Bought with:
Laura Lara, DRE #02161522
Luxury Collective
Source: CRMLS,MLS#: SR25054523
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Loft
Kitchen
- Features: Granite Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Range, Microwave, Refrigerator
- Laundry: Common Area
Features
- Breakfast Bar, Balcony, High Ceilings, Loft
- Flooring: Carpet, Tile, Wood
- Has fireplace: Yes
- Fireplace features: Decorative, Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 585 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Gated
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Front of Location
- Pool features: Community, Association
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 2.37 Acres
Details
- Parcel number: 2162004197
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Mid-Century Modern
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks, Pool
- Security: Security Gate, Resident Manager
HOA
- Has HOA: Yes
- Amenities included: Billiard Room, Gas, Maintenance Grounds, Hot Water, Pool, Recreation Room, Trash, Water
- Services included: Sewer
- HOA fee: $452 monthly
- HOA name: PMP Management
- HOA phone: 888-882-0588
Location
- Region: Encino
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $275,348
- Annual tax amount: $3,288
- Date on market: 3/13/2025
- Cumulative days on market: 24 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2025 | Sold | $310,000-5.8%$530/sqft |
Source:  CRMLS #SR25054523 Report a problem | ||
| 4/24/2025 | Pending sale | $329,000$562/sqft |
Source: CRMLS #SR25054523 Report a problem | ||
| 4/18/2025 | Listed for sale | $329,000$562/sqft |
Source: CRMLS #SR25054523 Report a problem | ||
| 4/10/2025 | Pending sale | $329,000$562/sqft |
Source: CRMLS #SR25054523 Report a problem | ||
| 3/13/2025 | Listed for sale | $329,000+36%$562/sqft |
Source: CRMLS #SR25054523 Report a problem | ||
| 3/15/2018 | Sold | $242,000+3%$414/sqft |
Source: CRISNet / SRAR #SR18039144 Report a problem | ||
| 8/31/2017 | Sold | $235,000-2.1%$402/sqft |
Source:  CRMLS #BB17178275 Report a problem | ||
| 8/17/2017 | Pending sale | $239,932$410/sqft |
Source: Brad Korb Real Estate Group #BB17178275 Report a problem | ||
| 8/7/2017 | Listed for sale | $239,932+162.2%$410/sqft |
Source: Brad Korb Real Estate Group #BB17178275 Report a problem | ||
| 7/11/2011 | Sold | $91,500-19.6%$156/sqft |
Source: Public Record Report a problem | ||
| 10/21/2010 | Sold | $113,850-38.1%$195/sqft |
Source: Public Record Report a problem | ||
| 11/4/2005 | Sold | $184,000$315/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,288 +1.2% | $275,348 +2% |
| 2024 | $3,250 +2% | $269,950 +2% |
| 2023 | $3,186 +5% | $264,658 +2% |
| 2022 | $3,033 +1.3% | $259,470 +2% |
| 2021 | $2,994 -0.9% | $254,384 +1% |
| 2020 | $3,022 | $251,776 +2% |
| 2019 | $3,022 +4.8% | $246,840 +5% |
| 2018 | $2,884 | $235,000 +137.3% |
| 2017 | $2,884 +130.5% | $99,023 +2% |
| 2016 | $1,251 +2.6% | $97,082 +1.5% |
| 2015 | $1,220 +0.5% | $95,625 +2% |
| 2014 | $1,214 | $93,753 +2.5% |
| 2012 | -- | $91,500 -26.2% |
| 2011 | -- | $124,000 -32.6% |
| 2010 | -- | $183,900 |
| 2009 | -- | $183,900 -3.9% |
| 2008 | -- | $191,433 +2% |
| 2007 | -- | $187,680 +2% |
| 2006 | -- | $184,000 +251.8% |
| 2005 | -- | $52,299 +71.6% |
| 2004 | -- | $30,470 +160.4% |
| 2003 | -- | $11,702 -62.3% |
| 2002 | -- | $31,000 -13.9% |
| 2000 | -- | $36,000 |
Find assessor info on the county website
Neighborhood: Encino
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Nearby schools
GreatSchools rating
- 8/10Nestle Avenue Charter SchoolGrades: K-5Distance: 0.5 mi
- 9/10Gaspar De Portola Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Reseda Senior High SchoolGrades: 6-12Distance: 1.5 mi
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Estimated market value
$306,800
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Estimated market value
$306,800
- California
- Los Angeles County
- Los Angeles
- 91316
- Encino
- 5325 Newcastle Ave Unit 320
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