
Simi Valley, California 93063
This Condominium represents a Strong Value Opportunity, listed at $419,000—positioned above the $404,345 Fair Market Value by 3%. While the price reflects current market stability, the property features a Fair Condition Rating with recent interior updates, including new appliances and carpeting. The unit offers Scenic Mountain Views and the rare convenience of a 1-car garage plus covered parking. Despite the higher HOA fees, the functional layout and move-in-ready updates make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable entry into the Simi Valley market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6416 Katherine Road C Subject | $419,000* List Price | 2 | 1 | 884 | $457 | - |
A 2057 Calle La Sombra 3 Sold | $392,500 | 2 | 1 | 834 | $471 | 0.9 mi |
B 2073 Calle La Sombra 1 Sold | $375,000 | 2 | 1 | 803 | $467 | 0.9 mi |
C 6543 Stoney View Lane 2 Sold | $475,000 | 2 | 2 | 1,025 | $463 | 0.2 mi |
D 2014 Avenida Placida 4 Sold | $399,000 | 2 | 1 | 859 | $464 | 0.7 mi |
E 6408 Katherine Road D Active | $499,900 List Price | 2 | 1 | 884 | $565 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this 42-year-old condo is functional but dated. While it has received recent minor updates including new appliances, a kitchen sink, and bathroom fixtures within the last two years, the overall aesthetic remains aged with original-style cabinetry, tile countertops, and older flooring. It meets the criteria for Fair as it is over 20 years old and requires further modernization to be considered Good or Excellent.
The property features several modernizations completed within the last two years, including new kitchen appliances, updated bathroom fixtures, and new carpeting, providing a move-in-ready experience for buyers.
Positioned to capture the natural beauty of Simi Valley, the home offers picturesque mountain views from the kitchen and living areas, enhancing the overall tranquility and aesthetic appeal.
Unlike many condominiums, this unit includes both a private 1-car garage and an additional covered parking space, offering significant convenience and storage potential.
The monthly HOA fee of $525 is relatively high for an 884-square-foot unit, which may impact the monthly affordability and overall budget for cost-conscious buyers.
With only one bathroom serving two bedrooms, the layout may present a challenge for households requiring more privacy or for those who frequently host guests.
Nestled in the desirable Katherine Gardens community of Simi Valley, this 2-bedroom, 1-bath condo offers a functional layout, comfortable living spaces, and beautiful mountain surroundings. Enjoy a peaceful view of the mountains from the kitchen window, bringing a touch of the natural landscape into the home. The property also features a 1-car garage along with an additional covered parking space for added convenience.Numerous updates have been completed within the past two years, including new carpet in the larger bedroom, a new kitchen sink, stove, and refrigerator, updated bathroom sink and fixtures, new ceiling fans, and new backyard fencing. With its practical floor plan, thoughtful updates, and scenic setting, this home presents a wonderful opportunity to enjoy all that Simi Valley has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 884 | 1,188.042 |
| Lot Size | 884 | 1,360.042 |
| Price | $419.0K | $500.4K |
| Price per sq ft | $474 | $457 |
| Built year | 1982 | 1986 |
| HOA | $525.0 | $472 |
| Days on market | 12 | 66 |
Aug 28, 2026
$419,000
Initial Listing
Sep 18, 2014
$268,000
Public Record
Jun 24, 2011
$143,000
Public Record
Oct 23, 2006
$345,000
Public Record