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5502 E Los Angeles Avenue 13, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 3 bath

5502 E Los Angeles Avenue 13, Simi Valley, California 93063 home-pic-0
ACTIVE$749,000
5502 E Los Angeles Avenue 13, Simi Valley, California 93063
3Beds
3Baths
1,858Sqft
58,806Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Brand New Construction: Built in 2025, this property offers the advantages of new construction, including modern design, up-to-date building codes, and minimal immediate maintenance concerns.
Top Cons:
Property Type & Lot Size Discrepancy: The property is listed as a 'Townhouse' but the description mentions it is 'set on a sprawling 1.35 acre parcel of land,' which is highly unusual for a typical townhouse and requires clarification regarding private vs. common land ownership.

Compared to the nearby listings

Price:$749.0K vs avg $629.0K (+$120,000)94%
Size:1,858 sqft vs avg 1,415 sqft89%
Price/sqft:$403 vs avg $44333%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand-new construction, built in 2025, meeting the highest criteria for an 'excellent' rating. All components are new, including modern laminated wood floors, central air, and quality fixtures. The bathroom shown features contemporary white shaker cabinets, white countertops, and stylish black matte hardware, indicating a high standard of finish throughout the home, including the kitchen (though not pictured directly, implied by the new build and bathroom quality).
Year Built
2025
Close
-
List price
$749K
Original List price
$859K
Price/Sqft
$403
HOA
$414
Days on market
-
Sold On
-
MLS number
MB25150074
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
ViewCity Lights,Mountain(s)

About this home

Unbeatable Brand-new Lowest Price-Your Dream Home just got more affordable! Prepare to be impressed when you enter this superbly new built home set on a sprawling 1.35 acre parcel of land occupying a peaceful street position. Constructed over two levels, this home enjoys abundant natural light and a layout designed for easy living and entertaining. The ground floor incorporates a generously proportioned kitchen, welcoming living and dining room, guest powder room (1/2 bath). Upstairs, you will find three dreamy bedrooms, a laundry room, and a family-sized bathroom. The master bedroom suite with walk-in closet, en-suite bathroom. Other highlights of the property include central air, laminated wood floors, quality fittings & fixtures and plentiful storage. Nearby schools, shops, dining & leisure facilities within easy reach, this is the ideal place to call home. Be prepared for this to be ‘love at first sight’. Seller is willing to offer a credit of $40,000 towards buyers closing costs. AGENTS: please read private remarks..

Condition Rating
Excellent
This property is a brand-new construction, built in 2025, meeting the highest criteria for an 'excellent' rating. All components are new, including modern laminated wood floors, central air, and quality fixtures. The bathroom shown features contemporary white shaker cabinets, white countertops, and stylish black matte hardware, indicating a high standard of finish throughout the home, including the kitchen (though not pictured directly, implied by the new build and bathroom quality).
Pros & Cons

Pros

Brand New Construction: Built in 2025, this property offers the advantages of new construction, including modern design, up-to-date building codes, and minimal immediate maintenance concerns.
Seller Incentive: The seller is offering a significant $40,000 credit towards buyer's closing costs, providing a substantial financial benefit and making the purchase more accessible.
Modern Amenities & Layout: The home features central air conditioning, laminated wood floors, quality fittings, and a well-designed two-level layout including a master bedroom suite with walk-in closet and en-suite bathroom, a guest powder room, and an upstairs laundry room.
Desirable Views: The property boasts attractive City Lights and Mountain views, enhancing its aesthetic appeal and offering a pleasant living environment.
Convenient Location: Situated within easy reach of nearby schools, shops, dining, and leisure facilities, providing convenience for daily living and entertainment.

Cons

Property Type & Lot Size Discrepancy: The property is listed as a 'Townhouse' but the description mentions it is 'set on a sprawling 1.35 acre parcel of land,' which is highly unusual for a typical townhouse and requires clarification regarding private vs. common land ownership.
Monthly HOA Fees: A monthly association fee of $414.00 adds a recurring cost to homeownership, which buyers must factor into their budget.
Volatile Price History: The listing shows multiple price adjustments, including a recent increase after previous reductions, which could indicate challenges in market valuation or buyer interest.

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