ActiveCondominium

2368 Archwood Lane 23

Simi Valley, CA, 93063

1 / 19View all 19 photos

$450,000

MLS: SR26034723

Beds

2

Baths

1

Sq Ft

843

Lot

0.02 ac

Year Built

1986

MLS #

SR26034723

Days on Market

54

Listed

Feb 16, 2026

Description

Discover the charm of this beautifully updated single-story condo located in the desirable Springtime complex. This move-in-ready home features two spacious bedrooms and one well-appointed bathroom, thoughtfully enhanced with recessed lighting and fresh interior paint for a clean, modern feel. The light-filled living area creates a warm and inviting atmosphere throughout. The primary bedroom offers a walk-in closet and generous space to unwind, while the second bedroom features double doors that open to the main living area — perfect for a home office, guest room, or flexible living space. Additional highlights include a detached garage along with assigned parking for added convenience. Step outside to your private patio — an ideal space for gardening, relaxing, or hosting weekend barbecues. Centrally located near Simi High School, local restaurants, entertainment, and with easy access to the 118 freeway, this home combines comfort, style, and everyday convenience in one great opportunity.

Location

Simi Valley, Ventura County, CA 93063

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Listed by: Sam Nellis · Pinnacle Estate Properties, Inc.

Payment estimate

$3,426

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $45,000 · Loan: $405,000

%
Principal & Interest
$2,488
Property tax (1.25%)
$469
Homeowners insurance
$300
Mortgage insurance
$169
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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 $15,750 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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