2050 Cheam Avenue
Simi Valley, CA, 93063
$859,000
MLS: 226001413
Beds
4
Baths
2
Sq Ft
1,736
Lot
0.16 ac
Year Built
1977
MLS #
226001413
Days on Market
17
Listed
Mar 26, 2026
Description
Don't miss this spacious 4/5 bedroom corner lot beauty. Corner lot located on a cul-de-sac. Entry is tile flooring flowing through the Dining Area, kitchen and throughout the family room. Quaint peaceful living room with custom shutters new carpeting and a wood burning fireplace. Dining area has wall to wall mirrors. Kitchen recently been upgraded with newer cabinets with some glass doors, newer upgraded dishwasher, top of the line refrigerator (negotiable). Large family room has a view of the rock mountains. Master bedroom with custom built-in closet and entertainment area for TV ect. New laminated flooring that completes this suite. Originally 5 bedroom but removed wall for a larger bedroom.Enjoy BBQ's in the backyard with view and mature flowers, shrubs and fruit trees. The home has Newer air-conditioning, newer upgraded windows, and solar. Two car attached Garage. A must see!
Location
Simi Valley, Ventura County, CA 93063
Open on Google Maps ↗Listed by: Wanda Butler · Keller Williams VIP Properties
Payment estimate
$6,267
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,900 · Loan: $773,100
- Principal & Interest
- $4,750
- Property tax (1.25%)
- $895
- Homeowners insurance
- $300
- Mortgage insurance
- $322
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 $30,065 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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