1755 Heywood Street 203, Simi Valley, California 93065, Simi Valley, 93065 - 2 bed, 2 bath
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Simi Valley, California 93065
This Modern 2018 Condominium is a Strong Value Opportunity, listed at $380,448—positioned well below the $426,213 Fair Market Value by 10%. This valuation gap offers $45,765 in Instant Equity for eligible buyers. Boasting an Excellent Condition Rating, the interior features a modern quartz kitchen, 9-foot ceilings, and stainless steel appliances. Located in the Simi Valley Unified district, this home provides a turnkey lifestyle with significant financial upside. It is a premier choice for income-qualified buyers or Owner-Occupants seeking a high-quality, deed-restricted asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1755 Heywood Street 203 Subject | $380,000* List Price | 2 | 2 | 1,036 | $367 | - |
A 1256 Patricia Avenue 10 Sold | $421,000 | 2 | 2 | 1,084 | $388 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for an excellent rating. The interior features modern finishes including a kitchen with quartz countertops, stainless steel appliances, and custom tile backsplashes. The bathrooms are contemporary with double vanities and updated tiling, and the home includes high-quality features like 9-foot ceilings and recessed lighting throughout.
Built in 2018, this contemporary condo features 9-foot ceilings, quartz countertops, and stainless steel appliances, offering a move-in-ready aesthetic that rivals new builds.
Priced significantly below market value for the Simi Valley area, this property represents a rare opportunity for buyers to build equity in a newer residential community.
The unit includes highly practical features such as an indoor laundry area, low monthly HOA fees, and two assigned covered parking spaces with additional lockable storage.
The sale is subject to specific City of Simi Valley income limits, which significantly narrows the pool of eligible buyers to those within certain annual earnings brackets.
A 55-year deed restriction requiring owner-occupancy limits the property's potential as a rental investment and may impact future resale flexibility.
Rare opportunity to purchase a newer condominium at a below market price. This gorgeous home has 9 foot high ceilings, and offers an open floor plan that provides a spacious feeling. The modern kitchen includes quartz countertops, custom tile kitchen backsplash, and stainless steel appliances. Recessed lighting is provided throughout the living area. The hallway opens to two large bathrooms with plenty of storage space. An enclosed indoor laundry area is conveniently located near the kitchen. A large primary bedroom and a secondary bedroom are located at the back of the home. Two assigned covered parking spaces with lockable outdoor storage are located below and visible from the home. Buyers will enjoy having a low monthly HOA, which maintains the exterior of the home and common areas. The City of Simi Valley has recorded deed restrictions that require the home to be owner occupied during the 55-year term of the deed restrictions. Buyers must meet the following maximum annual income limits:1 person: $87,9502 people: $100,5003 people: $113,0504 people: $125,600
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,036 | 1,232 | 27% |
| Lot Size | 1,036 | 1,174 | 32% |
| Price | $380.0K | $571.5K | 23% |
| Price per sq ft | $367 | $434 | 5% |
| Built year | 2018 | 1988 | 86% |
| HOA | $318.0 | $429 | 32% |
| Days on market | 60 | 140 | 9% |
Jun 11, 2026
$380,000
$380,448
+0% Price Increase
Initial Listing
Apr 15, 2026
$380,448
Initial Listing
Aug 30, 2018
$270,500
Public Record