5502 E Los Angeles Avenue 14, Simi Valley, California 93063, Simi Valley, - bed, bath

home-pic
ACTIVE$779,000
5502 E Los Angeles Avenue 14, Simi Valley, California 93063
3Beds
3Baths
1,858Sqft
58,806Lot
Year Built
2025
Close
-
List price
$779K
Original List price
$849K
Price/Sqft
-
HOA
$414
Days on market
-
Sold On
-
MLS number
MB25150080
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
ViewCity Lights,Mountain(s)

About this home

New Lower Price! 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’. AGENTS: please read private remarks..

Price History

Date
Event
Price
10/03/25
Price Change
$779,000-8.2%
07/03/25
$849,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (17 Listings)
Beds33
50%
Baths33
50%
Square foot1,8581,426
89%
Lot Size58,8061,851
89%
Price$779K$644K
94%
Price per square foot$419$447.5
28%
Built year20259925993
100%
HOA$414$454.5
44%
Days on market125152
28%
Condition Rating
Excellent

This property is listed as 'new built' with a year built of 2025, indicating it is brand new construction. The images confirm modern finishes throughout, including new laminated wood floors, recessed lighting, and a contemporary bathroom with new fixtures and cabinetry. All components appear new, meeting current quality standards with no deferred maintenance. While a direct image of the kitchen is not provided, the description of a 'superbly new built home' and the visible quality of other areas strongly suggest the kitchen is also new and modern.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this is a superbly new home offering modern design, efficiency, and the peace of mind of new construction warranties.
Expansive Lot Size: The property sits on a sprawling 1.35-acre parcel (58,806 sqft), providing significant outdoor space, privacy, and potential for future development or landscaping.
Modern Amenities & Quality Finishes: Features include central air, durable laminated wood floors, quality fittings & fixtures throughout, and plentiful storage, ensuring a comfortable and contemporary living experience.
Scenic Views: The home boasts desirable City Lights and Mountain views, enhancing the aesthetic appeal and overall living environment.
Thoughtful Layout & Natural Light: Constructed over two levels, the home enjoys abundant natural light and a well-designed layout for easy living and entertaining, including a master bedroom suite with a walk-in closet and en-suite bathroom, plus a dedicated laundry room.

Cons

High Monthly Association Fee: A significant monthly association fee of $414 is noted, which could impact affordability and requires clarification on what services or amenities it covers, especially for a property with such a large private lot.
Conflicting Property Type Information: The property is listed as a 'Townhouse' (sub_type) yet described as a 'new built home set on a sprawling 1.35 acre parcel of land.' This discrepancy is confusing and needs clarification regarding ownership structure, shared walls, and the actual private usable land area.
Recent Significant Price Reduction: The property has seen a recent price drop from $849,000 to $779,000. While beneficial for buyers, a $70,000 reduction shortly after listing could indicate initial overpricing or challenges in attracting market interest, potentially raising questions about its perceived value.

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