5526 E Los Angeles Avenue 2, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 3 bath

5526 E Los Angeles Avenue 2, Simi Valley, California 93063 home-pic-0
ACTIVE$749,000
5526 E Los Angeles Avenue 2, 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
MB25154463
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 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%
07/09/25
$849,000
Condition Rating
Excellent

This property is a brand-new construction, built in 2025, as explicitly stated in the description and confirmed by the pristine condition visible in the images. The kitchen features new white shaker cabinets, modern black hardware, light countertops, and a new black range. Bathrooms showcase contemporary tiling, new fixtures, and glass shower doors. All components, including laminate wood flooring, central air, and recessed lighting, are new and meet current quality standards, indicating no deferred maintenance or physical depreciation.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this home offers modern design, new systems, and minimal immediate maintenance, providing a fresh start for buyers.
Generous Lot Size: Set on a sprawling 1.35-acre parcel of land, the property offers ample outdoor space, privacy, and potential for landscaping or expansion.
Significant Buyer Incentive: The seller is offering a substantial $40,000 credit towards buyer's closing costs, significantly reducing upfront financial burden.
Modern Amenities & Quality Finishes: The home features central air, laminated wood floors, quality fittings, plentiful storage, and a well-designed layout including a master suite and dedicated laundry room.
Desirable Views & Convenient Location: Enjoy city lights and mountain views from the property, which is also conveniently located near schools, shops, dining, and leisure facilities.

Cons

High Association Fee: A monthly association fee of $414 is substantial and could impact long-term affordability, especially given the conflicting property type information.
Property Type Discrepancy: The listing describes a 'sprawling 1.35 acre parcel of land' while being categorized as a 'Townhouse,' creating confusion regarding lot ownership, privacy, and shared property aspects.
Inconsistent Pricing Strategy: The recent price increase to $749,000 after multiple significant reductions (from $849,000 down to $699,999) suggests an unclear pricing strategy, which may cause buyer hesitation.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state