1866 Rory Lane 5, Simi Valley, California 93063, Simi Valley, 93063 - 2 bed, 3 bath
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Simi Valley, California 93063
This Move-In Ready Townhouse is a Strong Value Opportunity, listed at $580,000—positioned well below the $615,748 Fair Market Value by 5%. This valuation gap offers $35,748 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a new HVAC system and dual primary suites with private balconies. Located in the Simi Valley Unified district, this property balances modern efficiency with functional living, making it an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1866 Rory Lane 5 Subject | $580,000* List Price | 2 | 3 | 1,437 | $428 | - |
A 1878 Rory Lane 6 Sold | $550,000 | 2 | 3 | 1,287 | $427 | 0.0 mi |
B 5368 Rainwood Street 65 Sold | $595,000 | 3 | 3 | 1,299 | $458 | 1.0 mi |
C 5384 Rainwood Street 90 Sold | $595,000 | 2 | 2 | 1,156 | $515 | 0.9 mi |
D 6542 Twin Circle Lane 4 Sold | $505,000 | 2 | 2 | 1,137 | $444 | 0.6 mi |
E 5384 Rainwood Street 92 Sold | $680,000 | 3 | 3 | 1,428 | $476 | 0.9 mi |
F 1962 Rory Lane 1 Active Under Contract | $537,950 List Price | 2 | 3 | 1,131 | $476 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant recent upgrades including a new HVAC system and new carpeting. While the kitchen features dated tile countertops, it has been refreshed with painted cabinetry and modern stainless steel appliances, and the overall interior condition is functional and clean.
The floor plan features two spacious primary bedrooms, each equipped with its own private bathroom and personal balcony, providing excellent privacy and flexibility for roommates or guests.
A newly installed HVAC system with a zone board allows for independent heating and cooling on each level, significantly enhancing energy efficiency and indoor comfort.
The property includes an attached two-car garage with extensive storage shelving plus two additional guest parking spaces, a rare and valuable convenience in this community.
The monthly HOA fee of $495 is relatively high, which increases the total monthly carrying cost and may affect the purchasing power of budget-conscious buyers.
Despite the pass-through window, the kitchen remains a distinct space rather than a fully open-concept design, which may feel dated to buyers seeking a modern, integrated living area.
Beautifully maintained 2-story townhouse in the desirable east Simi Valley community. This home features 2 spacious primary bedrooms, each with its own private bathroom, generous closet space, and access to a personal balcony. The main level offers an open living and dining area with wood-style flooring and direct access to a private patio, creating a seamless indoor–outdoor flow. The well-sized kitchen includes a pass-through window that opens to the dining and living room, bringing in natural light and making entertaining easy. A convenient downstairs 1/2 bath adds functionality for guests. Upstairs, newly installed carpet adds comfort, while the new HVAC system with a zone board allows independent heating and cooling between the two levels for year-round efficiency. Additional highlights include an attached 2-car garage with a full laundry area and abundant storage shelves and cabinets, plus two extra guest parking spaces—an exceptional convenience in this community. With thoughtful upgrades, a functional layout, and inviting living spaces, this home offers comfort, convenience, and a wonderful opportunity to live in Simi Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,437 | 1,428 | 53% |
| Lot Size | 7,366 | 1,428 | 82% |
| Price | $580.0K | $615.0K | 35% |
| Price per sq ft | $404 | $430 | 24% |
| Built year | 1981 | 1985 | 35% |
| HOA | $495.0 | $400 | 65% |
| Days on market | 9 | 144 | 6% |
May 28, 2026
$580,000
Initial Listing
Mar 18, 2005
$398,000
Public Record
Aug 20, 2001
$217,000
Public Record
May 28, 1998
$146,000
Public Record