
Simi Valley, California 93063
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $639,000—positioned well below the $681,244 Fair Market Value by 6%. This valuation gap provides $42,244 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home offers a modern Granite Kitchen, dual primary suites, and a private patio. Ideally located for commuters near the 118 Freeway, this property is a perfect match for first-time buyers or Owner-Occupants seeking a move-in ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1842 Rory Lane #4 Subject | $639,000* List Price | 2 | 3 | 1,591 | $431 | - |
A 1866 Rory Lane 5 Sold | $582,000 | 2 | 3 | 1,437 | $405 | 0.0 mi |
B 1962 Rory Lane 1 Sold | $543,000 | 2 | 3 | 1,131 | $480 | 0.1 mi |
C 1878 Rory Lane 6 Sold | $550,000 | 2 | 3 | 1,287 | $427 | 0.0 mi |
D 1980 Rory Lane 3 Sold | $641,000 | 3 | 3 | 1,583 | $405 | 0.1 mi |
E 6491 Twin Circle Lane 3 Sold | $495,000 | 2 | 2 | 1,025 | $483 | 0.6 mi |
F 1878 Stow Active Under Contract | $549,000 List Price | 2 | 3 | 1,469 | $374 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1981, the property has undergone a comprehensive modern remodel within the last 5 years. The interior features a mint-condition kitchen with granite countertops and stainless steel appliances, updated bathrooms with contemporary floor-to-ceiling tiling, luxury vinyl flooring throughout, and energy-efficient upgrades like dual-pane windows and recessed lighting.
The property features extensive high-end updates, including luxury vinyl flooring, granite countertops, stainless steel appliances, and plantation shutters, offering a turnkey, move-in-ready experience.
The floor plan includes two primary suites with en suite bathrooms plus a flexible bonus room, providing excellent privacy and adaptability for a home office, nursery, or guest space.
Ideally situated in East Simi Valley, the home offers rapid access to the 118 Freeway, shopping centers, and the San Fernando Valley, making it highly desirable for regional professionals.
The association fee of $495 per month is a significant recurring expense that may impact the affordability and debt-to-income ratio for some buyers.
Despite the generous 1,591 square footage, the two-bedroom configuration may limit the property's appeal to larger families compared to three-bedroom alternatives in the same price bracket.
Your dream Townhome awaits! From the moment you step inside, you'll be captivated by the light-filled, beautifully remodeled interior that perfectly blends modern style with everyday comfort. The spacious living room welcomes you with soaring vaulted ceilings, recessed lighting and an abundance of natural light streaming through expansive windows and doors. Seamlessly open to the dining area and updated kitchen, this inviting layout is ideal for both entertaining and daily living. The kitchen shines with granite countertops, stainless steel appliances, built-in microwave, and a convenient breakfast bar. Upstairs, you'll find two primary suites, each with its own en suite bathroom. One offers direct access to a private balcony - the perfect spot to enjoy your morning coffee - while the larger bedroom impresses with a dramatic vaulted ceiling, two wall-to-wall closets with custom organizers and an entire wall of windows that fills the room with natural light. A versatile bonus room provides endless possibilities as a nursery, home office, den, fitness room or guest bedroom. Additional highlights include luxury vinyl flooring, dual-pane windows, plantation shutters throughout, a charming private patio for outdoor relaxation and entertaining, and a full-sized 2-car garage. Ideally located in one of Simi Valley's most desirable neighborhoods, you'll enjoy convenient access to shopping, public transportation, the 118 Freeway, Moorpark, and the San Fernando Valley, including Porter Ranch. Beautifully updated, thoughtfully designed and perfectly located - this exceptional home is ready to welcome its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,591 | 1,455.87 |
| Lot Size | 1,591 | 1,480.565 |
| Price | $639.0K | $619.9K |
| Price per sq ft | $402 | $440 |
| Built year | 1981 | 1989 |
| HOA | $495.0 | $488 |
| Days on market | 37 | 51 |
Aug 3, 2026
$639,000
Initial Listing
Apr 29, 2021
$505,000
Public Record
Oct 31, 2006
$455,000
Public Record
Mar 25, 2004
$353,500
Public Record