2312 Archwood Lane 83
Simi Valley, CA, 93063
$449,900
MLS: 226001603
Beds
2
Baths
1
Sq Ft
872
Lot
0.02 ac
Year Built
1986
MLS #
226001603
Days on Market
8
Listed
Apr 9, 2026
Description
Remodeled 2-bedroom, 1-bath lower-level condo located in the desirable Springtime community of East Simi Valley. Ideally situated within the complex near the community pool and surrounded by greenbelt areas, this ground-level unit offers convenient access from the parking area and a functional single-story layout. Inside, the home features wood-like laminate flooring throughout, smooth ceilings, crown molding, wide baseboards, and recessed LED lighting in the living area. Built-in surround sound speakers enhance the living space, which opens to a private tile patio with a storage closet for added functionality. The updated kitchen includes quartz countertops, subway tile backsplash, stainless steel appliances, white cabinetry with soft-close doors, a farmhouse-style stainless sink, breakfast bar seating, and a dining area with ceiling fan/light. Both bedrooms offer mirrored wardrobe closets, ceiling fan/lights, and crown molding. The remodeled bathroom features tile flooring, a marble tub/shower combination with sliding glass doors, updated fixtures, quartz countertop vanity, and modern lighting, with convenient pass-through access. A stackable washer and dryer unit (included) is in the interior laundry closet for added convenience. The property includes a 1-car garage and one assigned parking space. HOA amenities include community pool, spa, BBQ areas, picnic areas, and well-maintained greenbelt spaces, with water and trash included. Located close to shopping, parks, freeway access, and the Metrolink station, with a nearby high school, this move-in ready condo offers a great opportunity in a well-established Simi Valley community.
Location
Simi Valley, Ventura County, CA 93063
Open on Google Maps ↗Listed by: Alex Gandel · Pinnacle Estate Properties, Inc.
Payment estimate
$3,425
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $44,990 · Loan: $404,910
- Principal & Interest
- $2,488
- Property tax (1.25%)
- $469
- Homeowners insurance
- $300
- Mortgage insurance
- $169
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 $15,747 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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