5502 E Los Angeles Avenue 14, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 3 bath

5502 E Los Angeles Avenue 14, Simi Valley, California 93063 home-pic-0
ACTIVE$749,000
5502 E Los Angeles Avenue 14, 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: The property is a superbly new built home (Year Built: 2025), offering modern design, new systems, and minimal immediate maintenance concerns for the buyer.
Top Cons:
High Monthly Association Fee: A monthly association fee of $414.0 is considerable and could add a significant ongoing cost to homeownership, impacting affordability.

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 brand new, built in 2025, and explicitly described as a 'superbly new built home.' The images confirm a pristine condition with modern finishes throughout, including new laminated wood floors, recessed lighting, and central air. The kitchen and bathrooms feature contemporary white shaker-style cabinetry, white countertops, and sleek matte black fixtures, all indicative of current quality standards with no deferred maintenance.
Year Built
2025
Close
-
List price
$749K
Original List price
$849K
Price/Sqft
$403
HOA
$414
Days on market
-
Sold On
-
MLS number
MB25150080
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
Deck
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 brand new, built in 2025, and explicitly described as a 'superbly new built home.' The images confirm a pristine condition with modern finishes throughout, including new laminated wood floors, recessed lighting, and central air. The kitchen and bathrooms feature contemporary white shaker-style cabinetry, white countertops, and sleek matte black fixtures, all indicative of current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New Construction: The property is a superbly new built home (Year Built: 2025), offering modern design, new systems, and minimal immediate maintenance concerns for the buyer.
Generous Lot Size: Set on a sprawling 1.35-acre parcel (58,806 sqft), this property provides exceptionally large outdoor space, rare for new construction and offering potential for various uses.
Significant Buyer Incentive: The seller is offering a substantial $40,000 credit towards buyers' closing costs, significantly reducing the upfront financial burden for the purchaser.
Modern Amenities & Layout: The home features central air, laminated wood floors, quality fittings, abundant natural light, a well-designed two-level layout, and a master bedroom suite with a walk-in closet and en-suite bathroom.
Desirable Views & Location: The property boasts desirable 'City Lights' and 'Mountain(s)' views and is conveniently located on a peaceful street, with easy access to nearby schools, shops, dining, and leisure facilities.

Cons

High Monthly Association Fee: A monthly association fee of $414.0 is considerable and could add a significant ongoing cost to homeownership, impacting affordability.
Property Type Discrepancy: The property is listed as a 'Townhouse' but described with a 'sprawling 1.35-acre parcel,' which is highly unusual for this property type and may cause confusion or misaligned buyer expectations regarding ownership and maintenance responsibilities.
Future Construction/Occupancy: With a 'Year Built: 2025' and 'On Market Date: 2025-07-03', this property is likely a pre-sale or under-construction, meaning buyers will face a waiting period for completion and occupancy, and potential for construction delays.

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