1387 Cherry Avenue
Simi Valley, CA, 93065
$767,000
MLS: SR26041656
Beds
4
Baths
2
Sq Ft
1,304
Lot
0.14 ac
Year Built
1964
MLS #
SR26041656
Days on Market
46
Listed
Feb 25, 2026
Description
Located in the heart of Simi Valley Central on one of the most sought after streets in Simi Valley. Cherry Ave just feels special because of its extra wide feel and has great pride of ownership feel as many of the homes have been remodeled up and down the street! Located across the street from Grace School, one of the finest schools in all of Simi Valley from Pre K through 12th grade. This wonderful single family home has great curb appeal with its light, bright colors and even has enough driveway space for boat parking. The sellers replaced the main sewer line already saving the new buyer any headaches in the future. The roof is in great shape and the HVAC system was redone in the past so its not the original unit. The home has a traditional floorplan with four bedrooms, one full hall bath and a master bedroom with a three quarter bath with a stand alone shower. A large open family dining area is right next to the open kitchen and adjacent to the large open living room with French doors leading to the back yard. Open the French doors leading onto a large covered patio and pretty flagstone patio slab. New white vinyl side yard fence and block walls around the entire property. Cozy backyard with dual patio covers plus a large shade tree and a grapefruit tree. Located in the West Valley, Sycamore Royal area close to terrific schools, Parks, shopping and dining. Great community with no HOA or Mello Roos taxes.
Location
Simi Valley, Ventura County, CA 93065
Open on Google Maps ↗Listed by: Raymond Ray · Realty Executives Homes
Payment estimate
$5,628
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $76,700 · Loan: $690,300
- Principal & Interest
- $4,241
- Property tax (1.25%)
- $799
- Homeowners insurance
- $300
- Mortgage insurance
- $288
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Simi Valley home with as little as 3.5% down using an FHA loan — roughly $26,845 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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