2731 Erringer Road 86, Simi Valley, California 93065, Simi Valley, 93065 - 1 bed, 1 bath
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Simi Valley, California 93065
This Well-Maintained Single-Story Condominium is a Strong Value Opportunity, listed at $349,999—positioned well below the $361,311 Fair Market Value by 3%. This valuation gap offers $11,312 in Instant Equity, with the price sitting significantly below its 2022 sale of $417,000. Boasting a Condition Rating of 3, the interior features updated stone countertops, wood-look flooring, and a private patio with a serene Trees/Woods View. Located in a gated community with pool access near Royal High School, this is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, value-driven lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2731 Erringer Road 86 Subject | $349,999* List Price | 1 | 1 | 724 | $499 | - |
A 1125 Tivoli Sold | $400,000 | 1 | 1 | 733 | $546 | 0.9 mi |
B 2731 Erringer Road 21 Sold | $379,000 | 1 | 1 | 724 | $523 | 0.1 mi |
C 2731 Erringer Road 28 Active | $389,900 List Price | 1 | 1 | 724 | $539 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1990 (34 years old), the property has undergone significant interior renovations likely within the last 5-15 years. The kitchen features updated white cabinetry, stone countertops, and stainless steel appliances. The living area shows modern wood-look laminate flooring and updated lighting fixtures, making the unit move-in ready and well-maintained.
Listed at $349,999, this property is priced significantly below its 2022 sale price of $417,000, offering a rare opportunity for immediate equity in a competitive market.
The well-maintained 724 sqft floor plan features the convenience of in-unit laundry, a private patio, and additional storage, making it ideal for downsizers or first-time buyers.
Residents benefit from a secure gated environment that includes pool access, guest parking, and a peaceful setting with views of local greenery.
The monthly HOA fee of $660 is relatively high for a one-bedroom condominium, which may impact overall monthly affordability and buyer qualification.
The assigned elementary school carries a low rating of 2, which could be a concern for families and may limit the property's appeal to a broader demographic of buyers.
Welcome to 2731 Erringer Road, Unit 86 -- PRIVATE, PEACEFUL, AND EASY TO ENJOYThe well-maintained single story home offers comfort, convenience, and ease of living. When you step inside you'll experience a layout that feels both open and efficient. The home features in-unit laundry and appliances, making everyday living seamless. Just beyond the living space, is a private patio offering the perfect setting to unwind, enjoy your morning coffee, or create your own outdoor retreat. Amenities that support your lifestyle include: a gated community, pool access, guest parking, private parking, and additional storage. With easy access to the freeway, this home makes commuting and everyday errands simple. Whether you are a first-time buyer, downsizing, or looking for an investment opportunity, this property offers a balanced combination of location, comfort, and practicality. Come and experience all that 2731 Erringer Rd, Unit 86 has to offer!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 27% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 724 | 1,232 | 5% |
| Lot Size | - | 1,174 | 14% |
| Price | $350.0K | $571.5K | 23% |
| Price per sq ft | $483 | $436 | 59% |
| Built year | 1990 | 1988 | 55% |
| HOA | $660.0 | $458 | 95% |
| Days on market | 45 | 140 | 9% |
Apr 30, 2026
$349,999
Initial Listing
Dec 15, 2022
$417,000
Public Record
Jul 12, 2022
$400,000
Public Record
Dec 15, 2017
$320,000
Public Record
May 22, 2015
$270,000
Public Record
Jun 25, 2010
$195,000
Public Record
Apr 26, 2006
$325,000
Public Record
Aug 15, 1997
$81,000
Public Record