Under ContractTownhouse

1878 Rory Lane 6

Simi Valley, CA, 93063

1 / 24View all 24 photos

$550,000

MLS: SR26057187

Beds

2

Baths

3

Sq Ft

1,287

Lot

0.03 ac

Year Built

1981

MLS #

SR26057187

Days on Market

19

Listed

Mar 19, 2026

Description

Looking for a warm, welcoming, owner-maintained home, not a characterless fix-and-flip? How about this Trifecta? 1. Updated interior! 2. Unbeatable outdoor space! 3. Great location! This two-story townhouse welcomes you into a spacious living room with a fireplace, a remodeled kitchen with newer cabinets, stainless steel appliances and quartz countertops, a downstairs powder room, and a rare large & private wraparound patio (light & bright and ideal for channeling your inner gardener!) with a white vinyl fence. The 2nd level has two bedrooms with en-suite bathrooms, spacious closets and high ceilings. There is central air & heat, a washer and dryer, an enclosed garage PLUS an additional parking space, and a sparkling community pool and spa. More features include newer laminate flooring, a newer water heater, and newer dual-paned windows. A quiet location yet easy access to shopping, dining and transportation.

Location

Simi Valley, Ventura County, CA 93063

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Listed by: Jill Fischer-Politz · The One Luxury Properties

Payment estimate

$4,121

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $55,000 · Loan: $495,000

%
Principal & Interest
$3,041
Property tax (1.25%)
$573
Homeowners insurance
$300
Mortgage insurance
$206
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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 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 $19,250 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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