5957 Nelda Street 3, Simi Valley, California 93063, Simi Valley, 93063 - 2 bed, 1 bath
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Simi Valley, California 93063
This property presents a Strong Value Opportunity with a List Price of $395,000—positioned well below the $362,084 Fair Market Value by -9%. While the property is currently priced above the estimated market value, its Fair Condition Rating and inclusion of community swimming pools and inclusive HOA utilities provide a stable foundation for long-term value. The unit requires cosmetic updates to modernize the interior, offering a clear path for forced appreciation. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Simi Valley market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5957 Nelda Street 3 Subject | $395,000* List Price | 2 | 1 | 834 | $434 | - |
A 2073 Calle La Sombra 1 Sold | $375,000 | 2 | 1 | 803 | $467 | 0.1 mi |
B 2014 Avenida Placida 4 Sold | $399,000 | 2 | 1 | 859 | $464 | 0.1 mi |
C 2327 Archwood Lane #124 Sold | $465,000 | 2 | 2 | 954 | $487 | 0.9 mi |
D 6543 Stoney View Lane 2 Sold | $475,000 | 2 | 2 | 1,025 | $463 | 0.9 mi |
E 2057 Calle La Sombra 3 Active | $399,500 List Price | 2 | 1 | 834 | $479 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the property is nearly 50 years old and retains a dated interior. The kitchen features older tile countertops and wood cabinetry, while the bathroom shows aging fixtures and vanities. While functional and well-maintained, the home has not had a major renovation in over 20 years, necessitating cosmetic updates to meet modern standards.
The Vista Del Monte community offers a robust amenity package including two swimming pools, a basketball court, and children's play areas, providing significant lifestyle value for residents.
The monthly association fee covers water, hot water, and trash services, offering homeowners simplified budgeting and added financial value.
Priced at $395,000, this property serves as an excellent entry-level opportunity for first-time buyers or investors seeking a low-maintenance asset in a desirable East Simi Valley location.
With only one full bathroom serving two bedrooms, the layout may be less convenient for multi-occupant households or when hosting guests.
At 834 square feet, the unit's smaller footprint and galley kitchen design may feel restrictive for buyers looking for more spacious common areas or extensive storage.
Welcome to this charming two-bedroom, one-bath condo located in the desirable Vista Del Monte community of East Simi Valley. Offering 834 sq. ft. of comfortable living space, this inviting home features a spacious living room, dedicated dining area, and a functional galley kitchen complete with tile countertops and warm wood cabinetry. Upstairs you'll find two well-sized bedrooms and a full bath, creating a private and practical layout.Ideally situated within the complex, this unit enjoys close proximity to the community's many amenities including two sparkling swimming pools, basketball court, expansive grass areas, and children's play area. The HOA also includes water, hot water, and trash, adding exceptional value and convenience. Whether you're a first-time buyer, investor, or simply looking for low-maintenance living in a great East Simi Valley location, this condo is an outstanding opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 834 | 1,025 | 24% |
| Lot Size | 3,049 | 1,125 | 71% |
| Price | $395.0K | $455.0K | 14% |
| Price per sq ft | $474 | $466 | 62% |
| Built year | 1976 | 1981 | 33% |
| HOA | $400.0 | $440 | 48% |
| Days on market | 17 | 151 | 5% |
May 20, 2026
$395,000
Initial Listing
Aug 18, 2005
$310,000
Public Record
Nov 30, 2001
$134,500
Public Record
Aug 24, 1999
$93,000
Public Record