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1550 Rory Lane 184

Simi Valley, CA, 93063

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$150,000

Original list price: $165,000

MLS: V1-38727

Beds

3

Baths

2

Sq Ft

1,536

Lot

0.08 ac

Year Built

1974

MLS #

V1-38727

Days on Market

54

Listed

Sep 14, 2026

Description

Drastic Price Reduction -Owner must sell.1550 Rory Lane #184 (Gunner Lane), East Simi ValleyFamily friendly park - Enjoy space, privacy, and a peaceful backdrop in this 24' x 64' three-bedroom home, manufactured in 1974, located in desirable East Simi Valley, backing up to a private park within Simi Country Mobile Home Estates.Space rent to a new buyer $1850 and buyers sign a three-year lease at that rate.The floor plan offers comfortable separation of living spaces, featuring a bright living room, a formal dining area, and a spacious kitchen with a central breakfast islanda'perfect for everyday living and casual entertaining. A private indoor laundry/mud room adds practicality and extra storage.The home is in original condition, enhanced by thoughtful updates including dual-pane vinyl windows, engineered wood flooring, and vinyl plank flooring in the kitchen. All appliances are included, making this home truly move-in ready.Step outside to a large deck ideal for relaxing or enjoying the park-like setting beyond your backyard. Additional features include covered parking for two vehicles, mature fruit citrus frut trees and a storage shed for added convenience.A rare opportunity to own a spacious, well-cared-for home with a park behind you, offering a quiet and enjoyable East Simi Valley lifestyle.Monthly Space Rent is $1,850. Buyers to go to the office in person and pick up an application. Minimum credit score is 650; income must be three times the monthly rent. This is a probate sale and subject to court approval and overbid in court. Court date will be requested when all contingencies have been removed. Court date could take 30 days.

Location

Simi Valley, Ventura County, CA 93063

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Listed by: Kay Wilson-Bolton · eXp Realty of California Inc

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$1,427

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $15,000 · Loan: $135,000

%

Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$915
Property tax (1.25%)
$156
Homeowners insurance
$300
Mortgage insurance
$56
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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 Nov 5, 2026

30-year fixed
7.18%
15-year fixed
6.57%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $5,250 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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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.