2373 Archwood Lane 175, Simi Valley, California 93063, Simi Valley, 93063 - 2 bed, 2 bath
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Simi Valley, California 93063
This condominium presents a Strong Value Opportunity with a List Price of $424,000—positioned well above the $394,800 Fair Market Value. While the property requires modernization, its Fair Condition Rating and functional split floorplan offer a clear path to forced appreciation. Located in the Springtime community with resort-style amenities like a pool and spa, the unit is situated just 0.13 miles from Simi Valley High School. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2373 Archwood Lane 175 Subject | $424,000* List Price | 2 | 2 | 954 | $414 | - |
A 2327 Archwood Lane #124 Sold | $465,000 | 2 | 2 | 954 | $487 | 0.1 mi |
B 4651 Alamo Street F Sold | $329,900 | 2 | 2 | 773 | $427 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1987 (37 years old), the property falls into the >30y category. The listing explicitly states it needs updating and a remodel. Visuals show original-style white cabinetry, dated appliances, popcorn ceilings, and heavily worn/stained carpeting that requires full replacement.
The upper-level unit features a desirable layout with bedrooms on opposite wings and soaring ceilings, providing enhanced privacy and a spacious, airy feel.
Ideally situated near the 118 freeway, MetroLink, and shopping centers, the property is also exceptionally close to Simi Valley High School (0.13 miles).
Located in the Springtime community, the home offers resort-style living with a pool, spa, and low HOA dues, plus the rare benefit of two parking spaces.
The property is noted as needing updates and remodeling, which will require the buyer to invest additional capital to bring the home to modern standards.
Being sold as-is via a trust sale, there is limited opportunity for repair negotiations, placing the burden of all future maintenance and upgrades on the buyer.
Great upper level condominium in the sought-after Springtime community! This light and bright, beautifully maintained home enjoys 2 bedrooms, 2 full bathrooms and a terrific floorplan. Inside stairs lead to a light-filled living room with soaring ceilings, large arched window and laminate flooring. This leads to a dining area overlooking a spacious balcony, large enough for outdoor dining and tending an array of potted plants. Both living and dining areas are open to the kitchen with breakfast bar, tiled flooring and ample white cabinetry. Off the dining area, there is a spacious primary suite with triple closets and full private bath. The other bedroom wing, on the opposite side of the condominium, includes a guest bedroom and full hall bath with tiled floors. The home also enjoys laundry in unit, a space in a shared garage and an additional assigned parking space. The home does need some updating and is a terrific opportunity to purchase at a low price and remodel to your own taste. Located in the sought-after Springtime Community, known for its low HOA dues and resort-style living, with lushly landscaped pathways and inviting pool and spa. Great location close to parks, shopping, restaurants, grocery, MetroLink station, and the 118 freeway. Trust Sale. Won't last at this price... Sold AS IS.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 954 | 1,074 |
| Lot Size | 954 | 1,074 |
| Price | $424.0K | $490.4K |
| Price per sq ft | $444 | $454 |
| Built year | 1987 | 1985 |
| HOA | $460.0 | $413 |
| Days on market | 14 | 70 |
Jul 8, 2026
$424,000
Initial Listing