5400 Simpson Avenue 9, Valley Village, California 91607, Valley Village, 91607 - 3 bed, 3 bath
ACTIVE UNDER CONTRACT$625,000
5400 Simpson Avenue 9, Valley Village, California 91607
3Beds
3Baths
1,356Sqft
14,917Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Situated in the highly desirable Valley Village area, offering excellent proximity to popular restaurants, shopping, groceries, and easy access to the 170 freeway.
Top Cons:
Requires Updates: The property is described as an 'opportunity to own and update,' indicating it is not move-in ready and will require additional investment for renovations.
Compared to the nearby listings
Price:$625.0K vs avg $605.0K (+$20,000)53%
Size:1,356 sqft vs avg 1,181 sqft65%
Price/sqft:$461 vs avg $50341%
More Insights
Built in 1990 (35 years old).
Condition: Built in 1990, this property is 34 years old and shows its age, aligning with the 'Fair' category for properties built over 20 years ago with no major renovations. The kitchen features dated light-wood cabinets, older laminate countertops, and a black dishwasher, indicating a need for a full renovation. All bathrooms exhibit similar outdated styles with light-wood vanities, basic white countertops, and older tile work. While the property appears well-maintained and functional, the carpets in bedrooms and on stairs are worn, and many light fixtures are dated. The listing description itself notes it as an 'opportunity to own and update,' confirming that significant cosmetic updates are required to bring it to current standards.
Year Built
1990
Close
-
List price
$625K
Original List price
$650K
Price/Sqft
$461
HOA
$310
Days on market
-
Sold On
-
MLS number
25596883
Home ConditionFair
Features
Patio
View-
About this home
The charming home you were looking for is finally here! Great opportunity to own and update a townhouse in this highly desirable area of Valley Village. Featuring 3 beds, 3 baths, ~1,356SF of living space, ensuite primary bedroom, beautiful fireplace in the living room, high ceilings, lots of natural light, a patio and a great floorplan. The unit is also offering a stackable washer and dryer and 2 car garage (tandem). Close proximity to the most popular restaurants, shopping, and groceries. Easy access to the 170 freeway.
Nearby schools
7/10
Burbank Boulevard Elementary School
Public,•K-5•0.6mi
6/10
Lankershim Elementary School
Public,•K-5•0.7mi
6/10
John B. Monlux Elementary School
Public,•K-5•1.4mi
7/10
Rio Vista Elementary School
Public,•K-5•1.9mi
6/10
Erwin Elementary School
Public,•K-5•2.3mi
6/10
Walter Reed Middle School
Public,•6-8•1.1mi
5/10
James Madison Middle School
Public,•6-8•2.5mi
8/10
North Hollywood Senior High School
Public,•9-12•0.2mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•1.7mi
Condition Rating
Fair
Built in 1990, this property is 34 years old and shows its age, aligning with the 'Fair' category for properties built over 20 years ago with no major renovations. The kitchen features dated light-wood cabinets, older laminate countertops, and a black dishwasher, indicating a need for a full renovation. All bathrooms exhibit similar outdated styles with light-wood vanities, basic white countertops, and older tile work. While the property appears well-maintained and functional, the carpets in bedrooms and on stairs are worn, and many light fixtures are dated. The listing description itself notes it as an 'opportunity to own and update,' confirming that significant cosmetic updates are required to bring it to current standards.
Pros & Cons
Pros
Prime Location: Situated in the highly desirable Valley Village area, offering excellent proximity to popular restaurants, shopping, groceries, and easy access to the 170 freeway.
Functional Layout & Features: Boasts a practical 3-bedroom, 3-bathroom layout, including an ensuite primary bedroom, high ceilings, a cozy fireplace, and a well-designed floorplan.
Natural Light & Outdoor Space: Benefits from abundant natural light throughout the unit and includes a private patio, enhancing the living experience.
Convenient Amenities: Equipped with an in-unit stackable washer and dryer for convenience, and a dedicated two-car tandem garage.
Value-Add Potential: Presents a significant opportunity for buyers to update and personalize, allowing for potential value appreciation in a sought-after neighborhood.
Cons
Requires Updates: The property is described as an 'opportunity to own and update,' indicating it is not move-in ready and will require additional investment for renovations.
Monthly Association Fees: A recurring monthly association fee of $310.00 adds to the overall cost of homeownership.
Tandem Garage Configuration: While offering two parking spaces, the tandem garage setup can be less convenient for daily use compared to side-by-side parking.