5510 E Los Angeles Avenue 10, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 3 bath

5510 E Los Angeles Avenue 10, Simi Valley, California 93063 home-pic-0
ACTIVE$749,000
5510 E Los Angeles Avenue 10, Simi Valley, California 93063
3Beds
3Baths
1,858Sqft
58,806Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction: Built in 2025, this is a brand-new home offering modern standards, fresh aesthetics, and minimal immediate maintenance concerns for the buyer.
Top Cons:
Conflicting Property Type Description: The listing identifies the property as a 'Townhouse' while simultaneously stating it's on a 'sprawling 1.35 acre parcel,' creating significant ambiguity regarding the property's true nature, ownership structure, and shared vs. private land.

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, as stated in the listing and confirmed by the pristine condition visible in all images. The kitchen features modern white shaker cabinetry, light quartz countertops, and new stainless steel appliances. Bathrooms are equally contemporary with white vanities, quartz counters, sleek black fixtures, and modern mirrors. Laminated wood floors are consistent throughout, and all systems, including central air, are new, meeting the highest 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
MB25150059
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, as stated in the listing and confirmed by the pristine condition visible in all images. The kitchen features modern white shaker cabinetry, light quartz countertops, and new stainless steel appliances. Bathrooms are equally contemporary with white vanities, quartz counters, sleek black fixtures, and modern mirrors. Laminated wood floors are consistent throughout, and all systems, including central air, are new, meeting the highest quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction: Built in 2025, this is a brand-new home offering modern standards, fresh aesthetics, and minimal immediate maintenance concerns for the buyer.
Generous Lot Size: The property boasts a substantial 1.35-acre parcel (58,806 sqft), providing ample outdoor space which is a significant advantage.
Modern Features & Layout: Equipped with central air, laminated wood floors, quality fittings, and a well-designed two-level layout including a master suite, enhancing comfort and appeal.
Financial Incentive: The seller's offer of a $40,000 credit towards buyer's closing costs significantly reduces the upfront financial burden for the purchaser.
Desirable Views & Location: Offers attractive city lights and mountain views from a peaceful street position, with convenient access to nearby schools, shops, and dining.

Cons

Conflicting Property Type Description: The listing identifies the property as a 'Townhouse' while simultaneously stating it's on a 'sprawling 1.35 acre parcel,' creating significant ambiguity regarding the property's true nature, ownership structure, and shared vs. private land.
High Monthly Association Fee: A monthly association fee of $414 is substantial and represents a significant ongoing expense that buyers must factor into their budget.
Inconsistent Pricing Narrative: The marketing description claims 'Unbeatable Brand-new Lowest Price' and 'just got more affordable,' which is contradicted by the recent price history showing an increase from $699,999 to $749,000, potentially causing buyer confusion or distrust.

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