PendingCondominium

4514 Lubbock Drive C

Simi Valley, CA, 93063

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$505,000

MLS: 226000558

Beds

2

Baths

2

Sq Ft

1,193

Lot

0.08 ac

Year Built

1980

MLS #

226000558

Days on Market

75

Listed

Feb 5, 2026

Description

This spacious and beautiful single-story home is located in a serene, park like community. The unit is in the corner and backs up to a secluded greenbelt giving a very private feel. This residence offers an open floor plan with no interior steps, featuring vaulted ceilings in the living and dining areas. The light filled living area offers a cozy fireplace, large windows and French doors leading to a private gated patio. The kitchen, which has a large window overlooking the private patio, includes a breakfast bar along with a spacious area for a dining table. The expansive primary suite includes a walk-in closet and separate linen closet. The large en suite bathroom has dual sinks offering plenty of counter space and a shower. The unit has a large guest bathroom with a tub/shower and ample counter space. The unit also has a separate oversized indoor laundry room with extra storage. There are two assigned parking spaces, one of which is covered along with multiple guest parking areas. The well-maintained community features lush landscaping, trees and a sparkling pool.

Location

Simi Valley, Ventura County, CA 93063

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Listed by: Heather Hartman · Pinnacle Estate Properties, Inc.

Payment estimate

$3,808

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $50,500 · Loan: $454,500

%
Principal & Interest
$2,793
Property tax (1.25%)
$526
Homeowners insurance
$300
Mortgage insurance
$189
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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 $17,675 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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