1742 Sinaloa Road 329, Simi Valley, California 93065, Simi Valley, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$369,000
1742 Sinaloa Road 329, Simi Valley, California 93065
2Beds
2Baths
1,074Sqft
46,783,440Lot
Year Built
1983
Close
-
List price
$369K
Original List price
$395K
Price/Sqft
-
HOA
$614
Days on market
-
Sold On
-
MLS number
V1-30157
Home ConditionPoor
Features
Pool
Spa
Patio
View-

About this home

This little condo needs a fix -- can you help? This neighborhood is also VA approved!This 2-bedroom, 2-bath end unit condominium offers a practical layout and a great opportunity for those looking to renovate and build equity. Whether you're a buyer with a vision for your next home or an investor searching for a value-add project, this unit is ready for transformation.The spacious living area and functional flow provide a strong foundation for updates. Enjoy the added bonus of two outdoor patios, perfect for relaxing or creating your own private garden space. While the interior needs full renovation, the potential is clear--modern finishes and thoughtful upgrades can significantly enhance both comfort and value. Owner passed away peacefully. The community is well-maintained, with manicured landscaping and HOA amenities that include two hot tubs, a swimming pool, and a clubhouse--ideal for relaxation and recreation.The Sinaloa Villas are conveniently located near local restaurants, shopping and the freeway. HOA dues are only $614 per month and included water, sewer and trash. This is a Probate Sale and 14 days notice to the beneficiaries is required after an offer is accepted.

Nearby schools

4/10
Arroyo Elementary School
Public,K-60.5mi
5/10
Sinaloa Middle School
Public,6-80.4mi
6/10
Royal High School
Public,9-120.7mi

Price History

Date
Event
Price
07/31/25
$369,000
05/23/25
$395,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (34 Listings)
Beds22
50%
Baths22
50%
Square foot1,0741,228
29%
Lot Size46,783,4401,343
94%
Price$369K$585K
6%
Price per square foot$344$447
3%
Built year19831988
31%
HOA$614$495
89%
Days on market166169
46%
Condition Rating
Poor

The property, built in 1983 (41 years old), explicitly states in its description that the 'interior needs full renovation' and is a 'value-add project.' The images confirm this, showing a highly dated kitchen with original-style cabinets, laminate countertops, and older appliances (except for a newer microwave). The living area features heavily stained and worn carpet, and a very dated brass chandelier. While the structure appears sound, the interior requires substantial rehabilitation to be comfortable and meet modern living standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Renovation Potential: This unit presents a significant opportunity for buyers or investors to renovate and build equity, transforming it into a modern home or a profitable value-add project.
Prime Location & Accessibility: Conveniently located near local restaurants, shopping centers, and freeway access, enhancing daily living and commute efficiency.
Extensive Community Amenities: The well-maintained community offers desirable HOA amenities including two hot tubs, a swimming pool, and a clubhouse, providing recreational and social opportunities.
End Unit with Private Patios: As an end unit, it offers more privacy and the added bonus of two outdoor patios, perfect for relaxation or creating a private garden space.
VA Approved & Inclusive HOA Dues: The neighborhood is VA approved, broadening the buyer pool, and the $614/month HOA dues are reasonable, covering water, sewer, and trash.

Cons

Extensive Renovation Required: The interior needs a full renovation, implying significant upfront costs and effort for modernization and upgrades.
Probate Sale Complications: Being a Probate Sale, it requires a 14-day notice to beneficiaries after an offer is accepted, which can introduce delays and complexity to the transaction process.
Lack of Desirable Views: The property description explicitly states 'View: None', indicating an absence of any special or scenic outlooks from the unit.

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