2718 Licia Place, Simi Valley, California 93065, Simi Valley, 93065 - 2 bed, 1 bath
2718 Licia Place
Simi Valley, California 93065
Property Price
SUMMARY
Analysis of 2718 Licia Place, Simi Valley, California 93065 is currently available with a list price of $999,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Simi Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a ground-up new construction completed in 2025, featuring all-new plumbing, electrical, HVAC, and roofing. The interior boasts a modern kitchen, high ceilings, and contemporary finishes with zero deferred maintenance, perfectly aligning with the criteria for an excellent condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
Unlike typical area remodels, this is a true ground-up new construction completed in 2025, ensuring all structural and mechanical systems meet the most rigorous modern California building codes.
- Turnkey Efficiency
The property offers total peace of mind with all-new HVAC, plumbing, electrical, and roofing, resulting in zero deferred maintenance and high energy efficiency for the new owner.
- Modern Architectural Design
High ceilings and a seamless open-concept layout create a bright, voluminous living space that feels much larger than its actual footprint, perfect for contemporary lifestyles.
CONSRISKS & DEFICIENCIES
- High Price per Square Foot
Listed at nearly $1,000,000 for 956 square feet, the property commands a premium price point that may be difficult to justify compared to larger alternatives in the Simi Valley market.
- Limited Utility and Bathrooms
With only two bedrooms and a single bathroom, the home's functional capacity is limited for families or guests, especially when coupled with a substantial $565 monthly association fee.
About 2718 Licia Place
WOW, New Home for under $1Million? True ground-up new construction completed in 2025 -- not a remodel or flip.Built to current California building & energy codes with all-new plumbing, electrical, HVAC, roof, insulation, and windows for modern efficiency and long-term peace of mind.High ceilings and an open-concept layout create a bright, spacious feel. The modern kitchen flows seamlessly into the living and dining areas, making the home ideal for everyday living and entertaining.Unlike older or renovated homes, this property offers zero deferred maintenance, no aging systems, and no surprise repairs -- simply move-in-ready comfort.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $565 / Month
Neighborhood Insights
Simi Valley Unified Schools
Jefferson Elementary School
Grades K-6 • 0.5 mi
Bannon Creek Elementary School
Grades K-6 • 0.7 mi
American Lakes Elementary School
Grades K-6 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 956 | 1,174 | 25% |
| Lot Size | - | 1,174 | 10% |
| Price | $1000.0K | $574.5K | 95% |
| Price per sq ft | $1.0K | $432 | 95% |
| Built year | 1982 | 1987 | 25% |
| HOA | $565 | $550 | 55% |
| Days on market | 65 | 188 | 15% |
Pricing History
Listed for Sale
Feb 21, 2026
$999,999
$259,900
+285% Price Increase
Initial Listing
Price Change
Feb 20, 2026
$259,900
$999,999
-74% Price Drop
Initial Listing
Price Change
Feb 6, 2026
$999,999
$1,089,000
-8% Price Drop
Initial Listing
Price Change
Jan 7, 2026
$1,089,000
$259,900
+319% Price Increase
Initial Listing
Price Change
Jan 1, 2026
$259,900
Initial Listing
Sold
Aug 11, 2023
$240,000
Public Record
Sold
Jul 19, 2016
$102,500
Public Record
Sold
Jun 21, 2001
$91,500
Public Record