5518 E Los Angeles Avenue 5, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 3 bath

5518 E Los Angeles Avenue 5, Simi Valley, California 93063 home-pic-0
ACTIVE$749,000
5518 E Los Angeles Avenue 5, Simi Valley, California 93063
3Beds
3Baths
1,858Sqft
58,806Lot
Year Built
2025
Close
-
List price
$749K
Original List price
$859K
Price/Sqft
$403
HOA
$414
Days on market
-
Sold On
-
MLS number
MB25150035
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
ViewCity Lights,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $749.0K(94th), sqft - 1858(89th), beds - 3(50th), baths - 3(50th).

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 four dreamy bedrooms, a laundry room, and a family-sized bathroom. The master bedroom suite with walk-in closet, ensuite 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’. AGENTS: please read private remarks..

Price History

Date
Event
Price
12/16/25
Price Change
$749,000+7.0%
11/12/25
Price Change
$699,999-10.8%
10/03/25
Price Change
$785,000-8.6%
07/03/25
$859,000
Condition Rating
Excellent

This property is a brand-new construction, built in 2025, as explicitly stated in the listing description and confirmed by the 'year_built' field. The images showcase a modern, clean aesthetic with new laminated wood floors, recessed lighting, and contemporary fixtures in the bathrooms. The kitchen, though not fully visible in all details, is described as 'generously proportioned' and is expected to feature new appliances and finishes consistent with a new build. All components are new or virtually new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'excellent' criteria.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this brand-new home offers modern design, up-to-date systems, and minimal immediate maintenance, providing a fresh start for homeowners.
Expansive Lot Potential: The property is situated on a sprawling 1.35-acre parcel, offering exceptional outdoor space, privacy, and potential for various uses, which is highly unusual for a townhouse.
Modern Interior & Features: The home boasts central air, laminated wood floors, quality fittings, plentiful storage, and a well-designed two-level layout with abundant natural light, including a master suite with a walk-in closet and ensuite bathroom.
Scenic Views: Residents can enjoy desirable 'City Lights' and 'Mountain(s)' views, enhancing the property's aesthetic appeal and living experience.
Significant Price Reduction: The current list price of $749,000 represents a substantial reduction from the original $859,000, potentially offering a more attractive value proposition in the current market.

Cons

High Monthly Association Fee: A monthly association fee of $414.0 is a considerable recurring expense that buyers must factor into their budget.
Property Type & Lot Size Discrepancy: The listing identifies the property as a 'Townhouse' while simultaneously describing it with a 'sprawling 1.35-acre parcel,' creating significant ambiguity regarding the actual property type and the extent of private land ownership.
Bedroom Count Discrepancy: The listing states 3 bedrooms, but the property description mentions 'four dreamy bedrooms,' which is a significant inconsistency that requires clarification for potential buyers.

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