5526 E Los Angeles Avenue 1, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 3 bath

5526 E Los Angeles Avenue 1, Simi Valley, California 93063 home-pic-0
ACTIVE$749,000
5526 E Los Angeles Avenue 1, 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
MB25154468
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
$699,999-10.8%
10/03/25
Price Change
$785,000-8.6%
07/09/25
$859,000
Condition Rating
Excellent

This property is a brand-new construction with a year built of 2025, as explicitly stated in the listing and confirmed by the images. The kitchen features modern white shaker cabinets, white countertops, black hardware, and new black appliances. Bathrooms are equally new with contemporary vanities, black fixtures, and modern mirrors. Laminated wood floors are present throughout, and all systems, including central air, are new, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Brand New Construction: The property is a newly built home (Year Built 2025), offering modern design, up-to-date systems, and minimal immediate maintenance concerns for the buyer.
Expansive Lot Size: Situated on a sprawling 1.35-acre parcel (58,806 sqft), providing significant outdoor space, privacy, and potential for various uses.
Significant Buyer Incentive: The seller is offering a substantial $40,000 credit towards buyer closing costs, making the purchase more financially accessible and attractive.
Desirable Views: Features attractive City Lights and Mountain views, enhancing the property's aesthetic appeal and overall living experience.
Modern Amenities & Comfort: Equipped with central air, laminated wood floors, quality fittings, and a well-designed two-level layout, ensuring contemporary comfort and style.

Cons

Conflicting Property Type & Lot Size: Described as a 'Townhouse' on a '1.35-acre parcel,' which is an unusual combination that may confuse buyers expecting a detached home with such a large lot, or raise questions about shared ownership/maintenance of the land.
High Monthly Association Fee: A monthly association fee of $414.0 is relatively high for a townhouse, potentially impacting affordability and requiring buyers to understand what services it covers.
Price History Volatility: The listing shows multiple price changes, including a recent increase after a significant reduction, which might suggest pricing uncertainty or market challenges, potentially making buyers cautious.

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