5316 Rainwood Street 57, Simi Valley, California 93063, Simi Valley, 93063 - 2 bed, 1 bath
Loading property details...
Simi Valley, California 93063
This Modern End-Unit Townhome is a Strong Value Opportunity, listed at $549,999—positioned well below the $557,792 Fair Market Value by 1%. This valuation gap offers $7,793 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a newly remodeled kitchen and laminate flooring, this home provides a turnkey lifestyle. Residents enjoy community amenities including a pool and spa, plus the convenience of a 2-car attached garage. This property is an ideal choice for first-time buyers or Owner-Occupants seeking a stylish, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5316 Rainwood Street 57 Subject | $539,999* List Price | 2 | 1 | 1,156 | $476 | - |
A 5384 Rainwood Street 90 Sold | $595,000 | 2 | 2 | 1,156 | $515 | 0.0 mi |
B 1962 Rory Lane 1 Sold | $543,000 | 2 | 3 | 1,131 | $480 | 1.0 mi |
C 1980 Rory Lane 3 Sold | $641,000 | 3 | 3 | 1,583 | $405 | 1.0 mi |
D 5213 Huntley Street 45 Active | $549,000 List Price | 2 | 1 | 1,156 | $475 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive recent remodel (less than 5 years) including a modern kitchen with quartz countertops and stainless steel appliances, updated bathrooms with new vanities and tile work, and new laminate flooring throughout. Despite the 1985 build date, the interior is in mint, move-in-ready condition.
The property features a comprehensive recent remodel including quartz countertops, stainless steel appliances, and laminate flooring, offering a turnkey, move-in-ready experience.
As a desirable end-unit, this townhome offers enhanced privacy and increased natural light, further complemented by two private patios for outdoor entertaining.
The inclusion of a 2-car attached garage with direct access is a premium feature for townhome living, providing both convenience and additional security.
The property was recently sold within the past year on 2026-03-02. The sold price is $434,000.00.
With only one bathroom serving two bedrooms, the layout may be a drawback for families or those who prefer a separate guest powder room.
The $456 monthly HOA fee represents a significant recurring cost that impacts overall monthly affordability for budget-conscious buyers.
Welcome to this newly remodeled modern end-unit townhome in the heart of Simi Valley, offering 2 bedrooms and 1 bathroom. This move-in-ready home features laminate flooring throughout and an updated kitchen with quartz countertops and stainless steel appliances. The spacious primary bedroom includes an en-suite bathroom with quartz countertops and a stylish tile shower/tub combination. Enjoy outdoor living with two private patios, perfect for relaxing or entertaining. Additional highlights include a 2-car attached garage with direct access and extra guest parking nearby. Located in a desirable community with a pool and spa, this home offers comfort, style, and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.5 |
| Square foot | 1,156 | 1,134 |
| Lot Size | 1,156 | 1,134 |
| Price | $540.0K | $617.4K |
| Price per sq ft | $467 | $442 |
| Built year | 1985 | 1984 |
| HOA | $456.0 | $542 |
| Days on market | 14 | 45 |
Jul 18, 2026
$539,999
$549,999
-2% Price Drop
Initial Listing
Jul 8, 2026
$549,999
Initial Listing
Mar 2, 2026
$434,000
Public Record