$315,000
OPEN SUN 1PM - 4PM

The Park Encino Condo 5325 Newcastle Ave Unit 327 Encino, CA 91316

Estimated payment $2,472/month

Total Views 111
1 Bed
1 Bath
475 Sq Ft
$663 Price per Sq Ft

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Gaspar De Portola Middle School Rated A-
  • Gated Parking
  • City View

About This Home

Top-Floor Luxury Studio with Balcony Resort Living in Elegant Encino. Welcome to a new level of elevated living in the heart of Encino. This Top-Floor Private Studio Sanctuary is nestled within an exclusive resort-style enclave. Minutes from the 101 and 405 freeways, and a leisurely stroll to the chic cafes, boutiques, and Nightlife of Ventura Boulevard.Step inside and feel instantly at home in this sun-drenched, move-in-ready retreat, where comfort meets modern elegance. Designer kitchen with Sand Colored Cabinets , gleaming Granite countertops, with Custom Backsplash, and a sleek Breakfast Bar fully equipped with appliances including Stainless Steel Refrigerator, Gas Stove, Microwave. Soaring vaulted Ceilings and expansive Windows bathe the space in natural light, creating a sense of effortless airiness .Rich laminate floors add warmth and sophistication throughout .Your own private Balcony, perfect for morning Espresso or Sunset Wine, complete with an additional storage closet. The Resort-like amenities extend your living experience well beyond your front Door. A sparkling Pool surrounded by lush landscaping your personal oasis A pristine, well-equipped Fitness Center Recreation Lounge with Pool Table and Foosball, ideal for entertaining or unwinding Outdoor BBQ area, Laundry Facilities, and Trash Chutes on every floor for seamless convenience 1 reserved covered parking space in a secure, well-maintained community . Manicured pathways perfect for peaceful strolls or afternoon escapes. Located just minutes from serene parks, the Orange Metro Line, and within walking distance to Trader Joe's, Ralphs, restaurants, and designer shopping this is more than a home, it's a lifestyle designed to indulge.Whether you're seeking a chic pied-terre or a stylish everyday escape, this top-floor jewel is your key to Encino luxury living. Welcome Home!

Listing Agent

Stephanie Alvarez

Keller Williams Pacific Estates License #01959838 Listed on: 07/17/2025

Keller Williams Pacific Estates

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,307

Year Built

  • Built in 1971 | Remodeled

HOA Fees

  • $452 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 475 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom

Parking

  • Garage
  • Gated Parking

Additional Features

  • In Ground Pool
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2162-004-204

Community Details

Overview

  • 130 Units
  • Association Phone (888) 882-0588

Amenities

  • Community Barbecue Grill
  • Billiard Room
  • Recreation Room
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,307

Year Built

Built in 1971 | Remodeled

Lot Details

0

HOA Fees

$452 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: PMP Management
  • Entry Floor: 3
  • Living Area: 475
  • Lot Acreage: 2.3686
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 3
  • Year Built: 1971
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: OpenHouse
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Laminate
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 663.16

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Gated Community, Pool, Rec Multipurpose Rm, Assoc Barbecue, Assoc Maintains Landscape, Billiard Room, Gated Parking, Fitness Center, Elevator
  • Pet Rules: Call, Pets Permitted

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 451.51
  • Phone: 8888820588|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2162-004-204
  • Lot Size Area: 103178

Multi Family

  • Number Of Units: 130

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,307 $267,718 $198,336 $69,382
2023 $3,243 $262,470 $194,448 $68,022
2022 $3,090 $257,325 $190,636 $66,689
2021 $3,052 $252,281 $186,899 $65,382
2019 $2,959 $244,800 $181,356 $63,444
2018 $2,944 $240,000 $177,800 $62,200
2016 $2,339 $191,000 $44,900 $146,100
2015 $2,340 $191,000 $44,900 $146,100
2014 $1,899 $150,000 $35,300 $114,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $315,000 0.0% $663 / Sq Ft
03/01/2024 03/01/24 Rented $1,700 0.0% --
02/29/2024 02/29/24 Price Changed $1,700 -5.6% $4 / Sq Ft
02/20/2024 02/20/24 Under Contract -- -- --
01/01/2024 01/01/24 For Rent $1,800 0.0% --
12/15/2022 12/15/22 Rented $1,800 0.0% --
12/06/2022 12/06/22 Price Changed $1,800 -5.3% $4 / Sq Ft
11/01/2022 11/01/22 For Rent $1,900 +18.8% --
05/09/2019 05/09/19 Rented $1,600 0.0% --
03/28/2019 03/28/19 Under Contract -- -- --
01/16/2019 01/16/19 Price Changed $1,600 -5.9% $3 / Sq Ft
01/05/2019 01/05/19 Price Changed $1,700 -2.9% $4 / Sq Ft
12/29/2018 12/29/18 Price Changed $1,750 -2.8% $4 / Sq Ft
12/20/2018 12/20/18 Price Changed $1,800 -9.8% $4 / Sq Ft
12/13/2018 12/13/18 For Rent $1,995 0.0% --
10/27/2017 10/27/17 Sold $240,000 -3.6% $505 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $249,000 +10.7% $524 / Sq Ft
02/17/2017 02/17/17 Sold $225,000 +4.7% $474 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $214,900 -- $452 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $240,000 Wfg National Title Company
Grant Deed $227,500 First American Title Company
Grant Deed $225,000 Priority Title
Grant Deed $184,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $228,000 New Conventional
Previous Owner $216,125 New Conventional
Previous Owner $168,750 New Conventional
Previous Owner $195,000 Unknown
Previous Owner $147,200 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25566155

The MLS

APN: 2162-004-204