5526 E Los Angeles Avenue 1, Simi Valley, California 93063, Simi Valley, - bed, bath

home-pic
ACTIVE$785,000
5526 E Los Angeles Avenue 1, 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
MB25154468
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
Deck
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%
07/09/25
$859,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (16 Listings)
Beds33
50%
Baths33
50%
Square foot1,8581,437
88%
Lot Size58,8061,960
88%
Price$785K$650K
94%
Price per square foot$422$444
29%
Built year20251985
94%
HOA$414$475
41%
Days on market118151
24%
Condition Rating
Excellent

This property is a 'superbly new built home' with a year built of 2025, indicating it is brand new construction. The images confirm this, showcasing pristine conditions throughout. The kitchen features modern white shaker-style cabinets, stainless steel appliances, and what appear to be quartz countertops, all in contemporary style. Bathrooms also boast modern white vanities, black matte fixtures, and clean finishes. Laminated wood floors, central air, and recessed lighting contribute to a high-quality, move-in ready condition with no deferred maintenance or physical depreciation.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this home offers modern design, amenities, and the peace of mind of a new build with no immediate repair needs.
Expansive Lot Size: Situated on a sprawling 1.35-acre (58,806 sqft) parcel, providing rare and significant outdoor space for a new construction.
Scenic Views: The property boasts desirable City Lights and Mountain views, enhancing its aesthetic appeal and potential value.
Modern Comforts & Finishes: Equipped with central air conditioning, laminated wood floors, and quality fittings & fixtures throughout, ensuring comfort and contemporary style.
Convenient & Peaceful Location: Located on a peaceful street with easy access to nearby schools, shops, dining, and leisure facilities in Central Simi Valley.

Cons

High Monthly Association Fees: A significant monthly association fee of $414.0 adds a substantial recurring cost to homeownership.
Recent Price Reduction: The property has undergone a recent price reduction from $859,000 to $785,000, which may indicate market resistance or initial overpricing.
Ambiguous Property Type & Lot Ownership: Listed as a 'Townhouse' yet described with a 'sprawling 1.35 acre parcel', this inconsistency requires clarification regarding private vs. common lot ownership and property type.

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