5502 E Los Angeles Avenue 15, Simi Valley, California 93063, Simi Valley, - bed, bath

home-pic
ACTIVE$779,000
5502 E Los Angeles Avenue 15, 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
MB25150082
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
Deck
Patio
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 market126153
28%
Condition Rating
Excellent

This property is a brand new build, completed in 2025, as stated in the listing and confirmed by the pristine condition visible in the images. It features modern laminate wood flooring throughout, recessed lighting, and central air. The bathrooms are completely new with contemporary fixtures, tiling, and glass shower enclosures. While the kitchen isn't fully detailed in the images, the description mentions a 'generously proportioned kitchen' and the overall newness of the home indicates it will meet current quality standards with new appliances and finishes. There is no deferred maintenance or physical depreciation, aligning perfectly with the 'Excellent' criteria.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this home offers modern design, energy efficiency, and minimal immediate maintenance for a turnkey living experience.
Expansive Land Parcel: Sits on a generous 1.35-acre lot, providing ample outdoor space, privacy, and potential for various uses or future expansion.
Modern Interior Appointments: Features central air conditioning, durable laminated wood floors, quality fixtures, and abundant storage, ensuring comfort and contemporary living.
Optimized Layout & Natural Light: A well-designed two-level floor plan maximizes natural light and promotes easy living and entertaining.
Desirable Views & Convenient Location: Offers scenic City Lights and Mountain views, coupled with easy access to nearby schools, shops, dining, and leisure facilities.

Cons

Property Type Discrepancy: Listed as a 'Townhouse' despite being on a 'sprawling 1.35 acre parcel,' which is highly unusual and requires immediate clarification for buyers regarding ownership, common areas, and potential financing implications.
Future Occupancy/Completion: With a 'Year Built: 2025' and 'On Market Date: 2025-07-03,' the property is likely not ready for immediate move-in, potentially limiting the buyer pool to those who can wait for completion.
Significant Monthly Association Fee: A $414.0 association fee represents a substantial recurring cost, which may be a deterrent for buyers, especially given the large lot size typically associated with single-family homes without such high fees.

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