
Simi Valley, California 93065
This Single-Story Condominium represents a High-Potential Investment Opportunity, listed at $560,000—positioned above the $496,269 Fair Market Value by 12%. While priced above current market estimates, the property features a Condition Rating of 4, offering a stable, move-in ready foundation with significant upside for cosmetic modernization. Key highlights include a new 2026 roof, a private garage, and a pool and spa community. This end-unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, well-located Simi Valley residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1113 Catlin Street B Subject | $550,000* List Price | 2 | 2 | 1,193 | $411 | - |
A 1766 Sinaloa Sold | $425,000 | 2 | 2 | 1,074 | $396 | 0.8 mi |
B 1114 Catlin Street A Sold | $600,000 | 3 | 3 | 1,546 | $388 | 0.0 mi |
C 1736 Sinaloa Road 427 Sold | $467,000 | 2 | 2 | 1,074 | $435 | 0.8 mi |
D 1256 Patricia Avenue 15 Sold | $395,000 | 2 | 2 | 1,084 | $364 | 0.7 mi |
E 1718 Sinaloa Road 219 Sold | $468,000 | 2 | 2 | 1,074 | $436 | 0.8 mi |
F 1245 Fitzgerald Road D Sold | $475,000 | 2 | 2 | 926 | $513 | 0.2 mi |
G 1256 Patricia Avenue 10 Sold | $421,000 | 2 | 2 | 1,084 | $388 | 0.8 mi |
H 1772 Sinaloa Road 189 Active | $399,000 List Price | 2 | 2 | 1,092 | $365 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is well-maintained and move-in ready but remains largely dated. The kitchen features older white appliances and tile countertops that are likely over 20 years old. While the community recently replaced the roof, the interior finishes and systems reflect the property's age and will eventually require modern updates.
As a single-story, ground-level end unit with no neighbors above, this property offers superior privacy, natural light, and accessibility compared to standard condo layouts.
The home features a brand-new roof installed in 2026 and fully paid balcony assessments, significantly reducing the risk of immediate special assessments or maintenance costs for the new owner.
The combination of a private garage for secure storage and an assigned parking space located just steps from the front door provides exceptional convenience rarely found in high-density complexes.
Built in 1981, the interior may require cosmetic updates to the kitchen and bathrooms to meet modern luxury standards, as the current description emphasizes functionality over recent remodeling.
The monthly association fee of $435 represents a significant recurring carrying cost that buyers must factor into their overall monthly debt-to-income ratio and affordability.
Perfectly positioned as a desirable end unit, this single-story, ground-level condo offers 2 bedrooms, 2 bathrooms, and 1,193 square feet of comfortable living space with no neighbors above. Filled with natural light throughout, the home provides an inviting layout designed for easy everyday living.Step inside to a spacious living room featuring a cozy gas fireplace and French doors that open to a private patio, creating the perfect setting for morning coffee, outdoor dining, or simply relaxing in your own secluded outdoor space. The adjacent kitchen is equipped with a gas stove and oven and offers a functional layout that flows seamlessly into the main living areas. Just beyond the dining area is a dedicated indoor full-size laundry room, adding convenience and extra storage.The primary suite is thoughtfully designed with a generous walk-in closet and an ensuite bathroom featuring a dual vanity, while the secondary bedroom and full guest bathroom provide comfortable accommodations for family, guests, or a home office.Practical amenities continue outside, where the assigned parking space is conveniently located just steps from the front door, in addition to a private garage for secure parking and extra storage.Residents enjoy a well-maintained community complete with a sparkling pool, relaxing spa, and beautifully landscaped private greenbelt areas. Major community improvements provide added peace of mind, including a new roof installed just two weeks ago. The required balcony inspections have already been completed, and the associated assessment has been paid in full, allowing the next owner to enjoy these completed improvements without that additional expense.Offering the convenience of single-story living, a bright open floor plan, desirable community amenities, and an excellent end-unit location, this home is an exceptional opportunity for comfortable, low-maintenance living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,193 | 1,188.042 |
| Lot Size | 1,193 | 1,360.042 |
| Price | $550.0K | $500.4K |
| Price per sq ft | $461 | $457 |
| Built year | 1981 | 1986 |
| HOA | $435.0 | $472 |
| Days on market | 33 | 66 |
Aug 23, 2026
$550,000
$560,000
-2% Price Drop
Initial Listing
Aug 7, 2026
$560,000
Initial Listing
Jun 1, 1995
$122,000
Public Record