5518 E Los Angeles Avenue 7, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 3 bath

5518 E Los Angeles Avenue 7, Simi Valley, California 93063 home-pic-0
ACTIVE$749,000
5518 E Los Angeles Avenue 7, Simi Valley, California 93063
3Beds
3Baths
1,858Sqft
58,806Lot
Year Built
2025
Close
-
List price
$749K
Original List price
$849K
Price/Sqft
$403
HOA
$414
Days on market
-
Sold On
-
MLS number
MB25150042
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
Deck
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 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..

Price History

Date
Event
Price
12/16/25
Price Change
$749,000+7.0%
11/12/25
Price Change
$699,999-10.1%
10/03/25
Price Change
$779,000-8.2%
07/03/25
$849,000
Condition Rating
Excellent

This property is explicitly described as 'brand-new' and was built in 2025, meeting the highest criteria for an excellent rating. The images confirm a pristine, modern aesthetic throughout, featuring new laminate wood flooring, recessed lighting, and contemporary finishes. The kitchen boasts white shaker cabinets, black hardware, white countertops, and new black appliances. Bathrooms also feature modern white vanities with black fixtures and large mirrors. All components are new, meeting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

New Construction: Built in 2025, this brand-new home offers modern design, energy efficiency, and minimal immediate maintenance for the buyer.
Generous Lot Size: The property is set on a sprawling 1.35-acre parcel, providing significant outdoor space and a peaceful street position.
Modern Interior Features: Equipped with central air, laminated wood floors, quality fittings, and a well-designed two-level layout including a master suite with en-suite and walk-in closet.
Buyer Incentive: The seller is offering a substantial $40,000 credit towards buyer's closing costs, making the purchase more financially accessible.
Scenic Views: The property boasts desirable City Lights and Mountain views, enhancing its aesthetic appeal and living experience.

Cons

Property Type Discrepancy: The listing identifies the property as a 'Townhouse' while simultaneously describing it as 'set on a sprawling 1.35 acre parcel,' which creates ambiguity regarding private land ownership and the true nature of the property.
High Monthly Association Fees: A monthly association fee of $414.0 is substantial and will add significantly to the ongoing cost of homeownership.
Inconsistent Price History: The property has undergone multiple price adjustments, including significant drops followed by a recent increase, which may raise questions for buyers about its market value and pricing strategy.

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