5510 E Los Angeles Avenue 10, Simi Valley, California 93063, Simi Valley, - bed, bath

home-pic
ACTIVE$779,000
5510 E Los Angeles Avenue 10, 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
MB25150059
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 listed as 'newly built' in 2025, which aligns perfectly with the 'excellent' criteria of being built within 10 years. The images confirm a brand-new construction with modern finishes throughout. The kitchen features new white shaker cabinets, quartz countertops, and new stainless steel appliances. Bathrooms are also new with white vanities, quartz countertops, and modern black fixtures. The entire home boasts new laminated wood floors, recessed lighting, central air, and fresh paint, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this is a new construction home offering modern standards, fresh aesthetics, and minimal immediate maintenance concerns.
Expansive Lot Size: The property sits on a sprawling 1.35-acre parcel of land, providing significant outdoor space and potential for various uses.
Modern Interior & Features: Equipped with central air, laminated wood floors, quality fittings, a generously proportioned kitchen, and a master suite with a walk-in closet and en-suite bathroom.
Scenic Views: Enjoy desirable City Lights and Mountain views, enhancing the property's appeal and living experience.
Convenient Location: Situated within easy reach of nearby schools, shops, dining, and leisure facilities, offering practical accessibility for residents.

Cons

High Monthly Association Fee: A monthly association fee of $414 is substantial and adds a significant ongoing cost to homeownership.
Recent Price Reduction: The property has undergone a price reduction from $849,000 to $779,000, which may suggest initial overpricing or market resistance.
Townhouse Sub-Type with Large Lot: Despite the expansive 1.35-acre lot, the property is classified as a townhouse, which could imply shared walls or HOA restrictions that might limit the full utilization or privacy typically associated with such a large land parcel.

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