Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

2255 Fig Street

Simi Valley, CA, 93063

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$760,000

MLS: 26708061

Beds

4

Baths

2

Sq Ft

1,724

Lot

0.18 ac

Year Built

1962

MLS #

26708061

Days on Market

8

Listed

Apr 12, 2026

Description

Pre-auction opportunity. Seller is seeking a fast, clean sale prior to a scheduled foreclosure auction on April 30, 2026. Situated in the desirable East Simi neighborhood, this home offers a blend of comfort, space, and thoughtful updates, with pricing that already reflects its current condition. The renovated kitchen features quartz countertops, updated cabinetry, and ample storage, while the bathrooms have been refreshed with modern tile, vanities, and finishes. Generous living areas create an inviting environment for both everyday living and entertaining. Well positioned for today's market and offered strictly AS-IS, WHERE-IS, this property presents an excellent opportunity to own in the heart of Simi Valley while adding your own finishing touches. Seller will only consider offers from principal buyers. All offers must be all-cash or hard money financing (no appraisal contingency) and must include verifiable proof of funds. All offers due no later than April 16, 2026 at 9:00 AM. No extensions will be granted. Submit highest and best terms. Seller may accept an offer prior to the deadline. All information is deemed reliable but not guaranteed. Buyer to independently verify all information, including but not limited to square footage, lot size, permits, schools, property condition, and any other factors affecting the Property. Buyers are expected to conduct all due diligence prior to submitting an offer, as Seller will not provide repairs, credits, or renegotiations based on condition.

Location

Simi Valley, Ventura County, CA 93063

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Listed by: Diana Marquez · eXp Realty of Southern California, Inc.

Payment estimate

$5,579

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $76,000 · Loan: $684,000

%
Principal & Interest
$4,203
Property tax (1.25%)
$792
Homeowners insurance
$300
Mortgage insurance
$285
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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 $26,600 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.

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