5518 E Los Angeles Avenue 8, Simi Valley, California 93063, Simi Valley, - bed, bath

home-pic
ACTIVE$785,000
5518 E Los Angeles Avenue 8, Simi Valley, California 93063
3Beds
3Baths
1,858Sqft
58,806Lot
Year Built
2025
Close
-
List price
$785K
Original List price
$859K
Price/Sqft
-
HOA
$414
Days on market
-
Sold On
-
MLS number
MB25150048
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
$785,000-8.6%
07/03/25
$859,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (17 Listings)
Beds33
50%
Baths33
50%
Square foot1,8581,426
89%
Lot Size58,8061,851
89%
Price$785K$644K
94%
Price per square foot$422$447.5
28%
Built year20259925993
100%
HOA$414$454.5
44%
Days on market125152
28%
Condition Rating
Excellent

This property is a 'superbly new built home' with a year built of 2025, making it brand new construction. The images confirm this, showcasing pristine laminated wood floors, fresh paint, recessed lighting, and modern finishes throughout. The bathroom features a new white vanity with dual sinks, contemporary black matte fixtures, and a stylish mirror, all indicative of current design trends and new installation. While a full kitchen image isn't provided, the description mentions a 'generously proportioned kitchen' and 'quality fittings & fixtures,' and given the overall newness of the home, it can be confidently assumed to be in excellent, modern condition. All systems, including central air, are new, with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this 'superbly new built home' offers modern design, fresh amenities, and minimal immediate maintenance concerns for prospective buyers.
Expansive Community Grounds: The property is part of a development set on a 'sprawling 1.35 acre parcel,' suggesting ample common space, landscaping, or recreational areas for residents.
Modern Comforts & Quality Finishes: Features central air, laminated wood floors, quality fittings, a master suite with walk-in closet and en-suite bathroom, and a dedicated laundry room.
Scenic Views: Enjoy desirable 'City Lights' and 'Mountain(s)' views, enhancing the property's aesthetic appeal and potential value.
Convenient & Peaceful Location: Situated on a 'peaceful street position' with 'Nearby schools, shops, dining & leisure facilities within easy reach,' offering a balanced lifestyle.

Cons

High Monthly Association Fee: A significant monthly association fee of $414.0 adds a substantial recurring cost to homeownership, impacting overall affordability.
Recent Price Reduction: The property has undergone a notable price reduction from $859,000 to $785,000, which may indicate market resistance or initial overpricing.
Ambiguous Property Description: The listing describes a 'sprawling 1.35 acre parcel' for a 'Townhouse' sub-type, creating ambiguity regarding individual land ownership versus common area, which could confuse buyers.

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