1778 Sinaloa Road 193, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 2 bath
ACTIVE$461,000
1778 Sinaloa Road 193, Simi Valley, California 93065
3Beds
2Baths
1,249Sqft
1,249Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Community Amenities: The Sinaloa Villas complex offers a wide array of amenities including a swimming pool, jacuzzi, tennis courts, BBQ areas, picnic spots, and a club house, enhancing the resident lifestyle.
Top Cons:
High Monthly HOA Dues: The association fee of $616.0 per month is substantial and will significantly impact the overall monthly housing cost for potential buyers.
Compared to the nearby listings
Price:$461.0K vs avg $551.0K ($-90,000)34%
Size:1,249 sqft vs avg 1,210.5 sqft53%
Price/sqft:$369 vs avg $4329%
More Insights
Built in 1980 (45 years old).
Condition: The property, built in 1980, has received some updates such as wood-style flooring, recessed lighting, and new flooring in one bathroom. However, the kitchen is significantly outdated with original-style dark wood cabinets, laminate countertops, dated patterned floor tiles, and older appliances (except for the refrigerator). The main bathroom also features an outdated vanity, mirror, and strip lighting. While functional and well-maintained, these key areas require substantial cosmetic updates to meet current buyer expectations, placing it in the 'Fair' category.
Year Built
1980
Close
-
List price
$461K
Original List price
$525K
Price/Sqft
$369
HOA
$616
Days on market
-
Sold On
-
MLS number
225004920
Home ConditionFair
Features
Patio
View-
About this home
Sharp ground level 3-bedroom 2 bath condominium which features two patios. Refrigerator, washer and dryer included. In-unit laundry, Trash and water are included in the Hoa fee. Central HVAC, wood-style flooring, recessed lighting, and two assigned covered parking spaces with ample locker storage spaces. Master bedroom offers a large walk-in closet and dressing area. New bathroom flooring in one of the two bathrooms. There are so many amenities to enjoy. The Sinaloa Villas offers a swimming pool, jacuzzi, tennis courts, BBQ, picnic areas and a club house. Don't miss out on this opportunity!
Nearby schools
4/10
Arroyo Elementary School
Public,•K-6•0.5mi
5/10
Sinaloa Middle School
Public,•6-8•0.3mi
6/10
Royal High School
Public,•9-12•0.8mi
Condition Rating
Fair
The property, built in 1980, has received some updates such as wood-style flooring, recessed lighting, and new flooring in one bathroom. However, the kitchen is significantly outdated with original-style dark wood cabinets, laminate countertops, dated patterned floor tiles, and older appliances (except for the refrigerator). The main bathroom also features an outdated vanity, mirror, and strip lighting. While functional and well-maintained, these key areas require substantial cosmetic updates to meet current buyer expectations, placing it in the 'Fair' category.
Pros & Cons
Pros
Extensive Community Amenities: The Sinaloa Villas complex offers a wide array of amenities including a swimming pool, jacuzzi, tennis courts, BBQ areas, picnic spots, and a club house, enhancing the resident lifestyle.
Modern Interior Features & Updates: The unit boasts desirable features such as central HVAC, wood-style flooring, recessed lighting, and new bathroom flooring in one of the bathrooms, providing a contemporary living experience.
Convenient Inclusions & Layout: This ground-level unit includes two private patios, in-unit laundry with included refrigerator, washer, and dryer, offering significant convenience and added value.
Dedicated Parking & Storage: The property comes with two assigned covered parking spaces and ample locker storage, a valuable asset in condominium living.
Desirable Master Suite: The master bedroom features a large walk-in closet and a dedicated dressing area, providing comfort and practical space.
Cons
High Monthly HOA Dues: The association fee of $616.0 per month is substantial and will significantly impact the overall monthly housing cost for potential buyers.
Building Age: Built in 1980, the building is over 40 years old, which could imply potential for future maintenance assessments or dated common areas despite unit-specific updates.
Recent Price Reductions: The property has undergone multiple significant price reductions from its original list price of $525,000 to $461,000, which may suggest initial overpricing or market resistance.