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1158 Tivoli Lane 172, Simi Valley, California 93065, Simi Valley, 93065 - 1 bed, 1 bath

1158 Tivoli Lane 172, Simi Valley, California 93065 home-pic-0
ACTIVE$440,000
1158 Tivoli Lane 172, Simi Valley, California 93065
1Bed
1Bath
881Sqft
881Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Versatile Living Spaces: Features a huge open loft perfect for various uses (office, game room, guest quarters) and high vaulted ceilings, enhancing the sense of space and light.
Top Cons:
Limited Bedroom Count: With only one bedroom, the property's appeal is restricted to singles, couples, or those needing a dedicated office space, potentially limiting the buyer pool compared to multi-bedroom units.

Compared to the nearby listings

Price:$440.0K vs avg $551.0K ($-111,000)28%
Size:881 sqft vs avg 1,190 sqft19%
Price/sqft:$499 vs avg $43575%

More Insights

Built in 1985 (40 years old).
Condition: Built in 1985, this property is 39 years old, placing it within the 'Fair' category's age range. While the unit benefits from recent cosmetic updates such as dark laminate wood flooring, fresh paint, modern ceiling fans, and stainless steel kitchen appliances, the core elements of the kitchen and bathroom are significantly dated. The kitchen features original-style louvered cabinets and dated tile countertops/backsplash. The bathroom vanity and mirrored medicine cabinets also appear original or from an older renovation, despite updated flooring and light fixtures. The property is functional and move-in ready, but requires substantial updates in the kitchen and primary bathroom to meet current aesthetic and quality standards, aligning with the 'requires minor updates or repairs' and 'major components are functional but show signs of being outdated' criteria for a 'Fair' rating.
Year Built
1985
Close
-
List price
$440K
Original List price
$440K
Price/Sqft
$499
HOA
$466.5
Days on market
-
Sold On
-
MLS number
225005165
Home ConditionFair
Features
Good View:
Deck
View

About this home

This is the sign you have been waiting for! A light and bright spacious condo with a huge open loft and two, yes 2 outdoor living spaces!! Upon entry you are greeted with a light and bright open floorpan and high vaulted ceilings. The kitchen offers a breakfast bar and dining area overlooking the family room, fireplace and main floor balcony. Also on the main floor is the primary suite that includes a large bathroom with plenty of counter space, walk-in closet and separate shower room. You also have your very own in unit laundry closet. Upstairs you will find a large open bright loft and a slider leading to yet another private outdoor deck/roof top patio ready for sunbathing, BBQ or outdoor dining while enjoying our fabulous California weather and sunsets. The loft is perfect for an office, game room, extra sleeping or guest quarters. This particular back unit offers one of the best and quiet locations in the complex being just steps away from one of the 2 pools as well as the extra allotted parking area. Which your guests will just absolutely LOVE when they come to visit! Also includes a private 1 car garage, central A/C, recessed lights and so much more. This fantastic condo is such a great find located in the beautiful Simi Valley Perfect for the commuter as well! Don't hesitate to check this one out!!

Nearby schools

2/10
Park View Elementary School
Public,•K-6•0.6mi
5/10
Sinaloa Middle School
Public,•6-8•1.2mi
6/10
Royal High School
Public,•9-12•1.2mi
Condition Rating
Fair
Built in 1985, this property is 39 years old, placing it within the 'Fair' category's age range. While the unit benefits from recent cosmetic updates such as dark laminate wood flooring, fresh paint, modern ceiling fans, and stainless steel kitchen appliances, the core elements of the kitchen and bathroom are significantly dated. The kitchen features original-style louvered cabinets and dated tile countertops/backsplash. The bathroom vanity and mirrored medicine cabinets also appear original or from an older renovation, despite updated flooring and light fixtures. The property is functional and move-in ready, but requires substantial updates in the kitchen and primary bathroom to meet current aesthetic and quality standards, aligning with the 'requires minor updates or repairs' and 'major components are functional but show signs of being outdated' criteria for a 'Fair' rating.
Pros & Cons

Pros

Versatile Living Spaces: Features a huge open loft perfect for various uses (office, game room, guest quarters) and high vaulted ceilings, enhancing the sense of space and light.
Multiple Outdoor Retreats: Boasts two distinct outdoor living areas: a main floor balcony and an upstairs private deck/rooftop patio, ideal for relaxation, entertaining, and enjoying California weather.
Desirable Complex Location: Positioned in a quiet, preferred back unit within the complex, conveniently steps away from one of two pools and extra guest parking.
Modern Comforts & Conveniences: Equipped with central A/C, recessed lighting, an in-unit laundry closet, a private 1-car garage, and a primary suite with a walk-in closet and ample counter space.
Commuter-Friendly Location: Situated in Simi Valley, described as 'Perfect for the commuter,' indicating good accessibility to major routes.

Cons

Limited Bedroom Count: With only one bedroom, the property's appeal is restricted to singles, couples, or those needing a dedicated office space, potentially limiting the buyer pool compared to multi-bedroom units.
Significant Monthly Association Fees: The association fee of $466.50 per month is a substantial recurring cost that adds to the overall housing expense and could be a deterrent for budget-conscious buyers.
Age of Building: Built in 1985, the complex is nearly 40 years old, which may lead to higher maintenance costs for common areas or necessitate future special assessments, despite the unit's apparent good condition.

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