2762 Erringer 15, Simi Valley, California 93065, Simi Valley, 93065 - 2 bed, 3 bath
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2762 Erringer 15
Simi Valley, California 93065
ACTIVE
CONDITION: FAIR
2Beds
3Baths
1,212Sq Ft
1,212Lot Size
Property Price
LIST PRICE$569,999
EST. MARKET VALUE
$552,665
3% AboveMARKET VALUE
SUMMARY
This 2-bedroom townhome represents a High-Potential Investment Opportunity, listed at $569,999—positioned well above the $552,666 Fair Market Value by 3%. While the price reflects a premium, the property offers a Fair Condition Rating with modern vinyl plank flooring and vaulted ceilings. The inclusion of earthquake insurance within the HOA dues provides significant long-term financial stability. With community pool and spa access, this asset is well-suited for Buy-and-Hold Investors seeking rental demand or first-time buyers looking for a functional, low-maintenance residence in Simi Valley.
Estimated Market Value
$552,665
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2762 Erringer 15 Subject 2 bd · 3 ba · 1,212 sqft · $456 | $569,999* List Price | 2 | 3 | 1,212 | $456 | - |
A 2776 Erringer Road 19 Active 3 bd · 3 ba · 1,377 sqft · $465 · 0.0 mi | $640,000 List Price | 3 | 3 | 1,377 | $465 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1988 (36 years old), the property falls into the 'Fair' category due to its age and dated features. While it has been maintained with newer vinyl plank flooring, the kitchen and bathrooms feature older cabinetry, countertops, and appliances that likely exceed the 15-30 year renovation window for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Features
The home features vaulted ceilings in the living room and updated vinyl plank flooring throughout the main level, creating a spacious and contemporary living environment.
- Comprehensive HOA Benefits
The association dues cover essential utilities like water, sewer, and trash, and notably include earthquake insurance, providing significant value and financial peace of mind.
- Functional Layout
The dual-level design with an attached garage and private upstairs bedrooms offers a practical and desirable floor plan that maximizes both privacy and convenience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1212, other record lot size in square feet = 699.
- High Association Fees
The monthly HOA fee of $572 is relatively high, which could impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
- Lack of Scenic Views
The property is noted to have no significant views, which may be a disadvantage compared to other units in the Simi Valley area that offer mountain or city vistas.
About 2762 Erringer 15
Welcome to this inviting 2-bedroom, 2.5-bath townhome offering a comfortable and functional layout. The main level features vaulted ceilings in the living room, vinyl plank flooring throughout, and a convenient half bath for guests. Both bedrooms are located upstairs, providing added privacy. An attached garage offers convenient parking and additional storage. Enjoy community amenities including a pool and spa, while the HOA dues include water, sewer, trash, common area maintenance, and earthquake insurance. Conveniently located near shopping, dining, parks, and everyday essentials, this home is ready for its next owner!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1988
- Lot Size
- 1,212 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $572.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,212 | 1,470 |
| Lot Size | 1,212 | 1,490.286 |
| Price | $570.0K | $624.1K |
| Price per sq ft | $470 | $436 |
| Built year | 1988 | 1988 |
| HOA | $572.0 | $481 |
| Days on market | 25 | 56 |
Pricing History
Listed for Sale
Sep 29, 2026
$569,999
Initial Listing