$374,000 - $640,000
RENTED FEB 19, 2025

The Park Encino Condo 5325 Newcastle Ave Unit 313 Encino, CA 91316

2 Beds
1 Bath
809 Sq Ft
2.37 Acres

Last Sold April 13, 2015

Last sale price $290,000 $358 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,782/month

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • Gaspar De Portola Middle School Rated A-
  • 2.37 Acre Lot
  • Main Floor Bedroom

About This Home

As of February 2025

FULLY FURNISHED! Absolutely prime location! Walking distance to Ventura Blvd. Come and see this newly remodeled two bedroom and one bath. Modern brand new kitchen with stainless steel appliances including new fridge, quartz counter tops, and custom back splash. Open light and bright floor plan with vaulted ceilings, recessed lights, brand new laminate flooring, newer windows, custom stack stone on fireplace, and much more. Brand new custom tile work on the stand up shower and custom vanity. Water, trash, gas, and hoa payment covered by landlord. Tenant only has electricity to cover. Complex has two car tandem subterranean parking that is gated. Complex comes with pool and spa, game room, gym, BBQ area, pool table, etc.

Last Agent to Rent the Property

Hosep Stepanian

Broker Intrust Real Estate-Hosep Stepanian Brokerage Phone: 818-426-1117 License #01780506 Listed on: 02/10/2025

Last Renter's Agent

Hosep Stepanian

Broker Intrust Real Estate-Hosep Stepanian Brokerage Phone: 818-426-1117 License #01780506 Listed on: 02/10/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 1971

Lot Details

  • 2.37

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 809 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room with Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,795
  • Rent includes cable TV, gardener, gas, pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 2/1/25
  • Tax Lot 1
  • Tax Tract Number 36582
  • Assessor Parcel Number 2162004190

Community Details

Overview

  • Property has a Home Owners Association
  • $5,990 HOA Transfer Fee
  • 75 Units

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,156

Year Built

Built in 1971

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-02-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2795
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fees: 5990.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 2162004190
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 809.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.34
  • Room Type: Main Floor Bedroom
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 103178.00
  • Lot Size Acres: 2.3686

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 103178.0000 Square Feet
  • Number Of Units In Community: 75
  • Number Of Units Total: 1
  • Rent Includes: Cable TV, Gardener, Gas, Pool, Trash Collection, Water

Tax Info

  • Tax Census Tract: 1395.06
  • Tax Lot: 1
  • Tax Tract Number: 36582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2015
Sold by
Safarian Mary
Bought by
Gayane Arakelian Trust
Current Estimated Value
$464,426

Purchase Details

Listed on
Mar 3, 2015
Closed on
Mar 26, 2015
Sold by
Kim Steve
Bought by
Safarian Mary
Seller's Agent
John Underwood
Redfin Corporation
Buyer's Agent
Hosep Stepanian
Broker Intrust Real Estate-Hosep Stepanian
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Aug 30, 2005
Sold by
Encino Condo Corp Inc
Bought by
Kim Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gayane Arakelian Trust -- None Available
Safarian Mary $290,000 North American Title
Kim Steve $308,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Steve $246,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2025 02/19/25 Rented $2,700 -9.8% --
02/17/2025 02/17/25 Under Contract -- -- --
02/10/2025 02/10/25 For Rent $2,995 +1.5% --
08/02/2022 08/02/22 Rented $2,950 +3.5% --
07/22/2022 07/22/22 Price Changed $2,850 -3.4% $4 / Sq Ft
07/13/2022 07/13/22 For Rent $2,950 +18.2% --
12/31/2020 12/31/20 Rented $2,495 0.0% --
12/15/2020 12/15/20 Under Contract -- -- --
11/24/2020 11/24/20 For Rent $2,495 0.0% --
04/13/2015 04/13/15 Sold $290,000 -3.3% $358 / Sq Ft View Prior Sale
03/13/2015 03/13/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $299,900 -- $371 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2025 $4,156 $343,294 $85,230 $258,064
2024 $4,156 $336,563 $83,559 $253,004
2023 $4,076 $329,965 $81,921 $248,044
2022 $3,883 $323,496 $80,315 $243,181
2021 $3,834 $317,154 $78,741 $238,413
2019 $3,718 $307,749 $76,406 $231,343
2018 $3,701 $301,715 $74,908 $226,807
2016 $3,533 $290,000 $72,000 $218,000
2015 $2,640 $215,000 $53,800 $161,200
2014 $2,706 $215,000 $53,800 $161,200
Source: Public Records

Agents Affiliated with this Home

  • Hosep Stepanian

    Landlord's Agent in 2025

    Hosep Stepanian

    Broker Intrust Real Estate-Hosep Stepanian

    (818) 426-1117

    2 in this area

    88 Total Sales

    Hosep Stepanian
    Section Image

  • J

    Seller's Agent in 2015

    John Underwood

    Redfin Corporation

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About The Park Encino Condo

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25030166

California Regional Multiple Listing Service (CRMLS)

APN: 2162-004-190

California Los Angeles County Encino 91316

5325 Newcastle Ave Unit 313, Encino, CA

This home is located at 5325 Newcastle Ave Unit 313, Encino, CA 91316 since 10 February 2025 and is currently priced at $464,426. This property was built in 1971. 5325 Newcastle Ave Unit 313 is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Nestle Avenue Charter, and Emelita Street Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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