$475,000

5325 Newcastle Ave Unit 321 Encino, CA 91316

$5,641
Closing credit¹
2 beds
1 full
809 sqft
2.4 acres
$587 / sqft
Condo

Property details

About 5325 Newcastle Ave Unit 321

The Park Encino Condos, Unit #321 — a rare top-floor corner unit with no neighbors above and only one shared wall, offering privacy and tranquility in one of Encino’s most desirable communities. This tastefully renovated 2-bedroom, 1-bathroom condo features vaulted ceilings and abundant natural light. The spacious living room centers around a sleek modern fireplace and flows seamlessly into a custom-built bar area, perfect for entertaining. The fully updated kitchen showcases custom cabinetry, stone countertops, a matching stone backsplash, and high-end appliances, including a Beko gas range, Fisher & Paykel refrigerator, and Miele dishwasher. Its open layout connects effortlessly to the dining area and living room, creating a bright and inviting atmosphere. The bathroom has been completely redone with a new tub, toilet, custom vanity, and stylish tilework in the shower, offering a clean, modern feel. Step outside to your private balcony — perfect for morning coffee or evening relaxation — complete with a convenient storage closet. Community amenities include secure entry, tandem parking for two cars, and resort-style features: lush landscaping, a large BBQ deck overlooking the heated pool, a game room with a pool table, and an oversized laundry facility with new machines. Residents also enjoy a state-of-the-art gym and a reservable recreation room with a full kitchen for hosting events. Two on-site maintenance professionals are available Monday through Friday. HOA includes water, gas, and trash. Located just minutes from Ventura Blvd, this prime Encino location offers easy access to restaurants, shopping, schools, parks, and major freeways. A move-in-ready, top-floor gem in the heart of Encino — don’t miss it!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size809 sqft
Lot size2.3686 Acres
Year built1971
MLS #GD25118253
Garage2 spaces
FireplaceFamily Room

Summary

  • Full Bathrooms: 1
  • Fireplace: Family Room
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Private Pool: No
  • Heating: Central
  • Cooling: Central Air
  • List Price: $475,000
  • Price/SqFt: $587
  • HOA Amount: $527 Monthly
  • Annual Tax Amount: $5,135
  • Tax Year: 2024
  • Directions: Between Killion st and Magnolia blvd.
  • Year Built: 1971
  • Stories: 3
  • Living Area: 809 SqFt
  • Lot Size: 2.3686 Acres
  • MLS Number: GD25118253
  • MLS Name: CRMLS
  • Office Name: RECA Group Inc.
  • Office Email: ab@recagroupinc.com
  • Listing Agent: Ashot Baghdiyan

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5325 Newcastle Ave Unit 321, Encino, CA 91316 - aerial view of residential area

$475,000

5325 Newcastle Ave Unit 321

$5,641

closing credit¹

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Price information

Property sales

DateEventPrice
May 16, 2023
Home Sold
$410,000
Dec 29, 2005
Home Sold
$308,000

Tax history

YearAssessmentProperty Tax
2024$418,200$5,135
2023$384,000$4,639
2022$365,000$4,285
2021$365,000$4,313
2020$351,000$3,990
2019$338,000$4,051
2018$338,000$3,799
2017$318,000$3,799

History based on county public records data.

Nearby schools

6

Nestle Avenue Charter

Public Charter PK-5

0.5 mi

5060 Nestle Ave

5

Emelita Academy Charter

Public District KG-5

0.6 mi

17931 Hatteras St

9

Academy for Enriched Sciences

Public District KG-5

0.7 mi

17551 Miranda St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,348. Most Encino, CA residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

44%
<35k
38%
35k-100k
12%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
6%
Single, with Kids
23%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • ToyotaToyota
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5325 Newcastle Ave Unit 321

The listing price of 5325 Newcastle Ave Unit 321 property is $475,000.

The property 5325 Newcastle Ave Unit 321 is a condo located in Encino, California, 91316.

Active Listing: 5325 Newcastle Ave Unit 321 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5325 Newcastle Ave Unit 321 are: Nestle Avenue Charter (GreatSchools Rating 6/10), Emelita Academy Charter (GreatSchools Rating 5/10), Academy for Enriched Sciences (GreatSchools Rating 9/10), Gaspar De Portola Middle School (GreatSchools Rating 7/10), Mulholland Middle School (GreatSchools Rating 5/10), Chime Institute's Schwarzenegger Community (GreatSchools Rating 6/10), Sherman Oaks Center for Enriched Studies (GreatSchools Rating 8/10), Magnolia Science Academy 5 (GreatSchools Rating 6/10), Zane Grey Continuation (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $5,135 (source: MLS/based on county public records data).

The last sale was on May 16, 2023 for $410,000 (source: MLS/tax record).

The property at 5325 Newcastle Ave Unit 321 has 2 bedrooms and 1 bathroom.

The property 5325 Newcastle Ave Unit 321 is 809 SqFt (source: MLS/tax record).

The year of construction for 5325 Newcastle Ave Unit 321 is 1971.

This home is located at 5325 Newcastle Ave Unit 321 in Encino, CA and zip code 91316 in the The San Fernando Valley neighborhood. This 809 square foot home, which was built in 1971, sits on a 2.37 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $475,000.

Over 325 listings were sold over their listed price in May 2025 in Encino, CA. In the same period over 319 listings were sold below the listed price and 134 listings were sold for the listed price. The number of listings in Encino, CA increased by 8.7% between April and May 2025. Listings spent 34 days on the market in May 2025, and had a median list price of $871,794 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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