5384 Rainwood Street 90
Simi Valley, CA, 93063
$599,950
MLS: 226001315
Beds
2
Baths
2
Sq Ft
1,156
Lot
0.03 ac
Year Built
1985
MLS #
226001315
Days on Market
9
Listed
Mar 23, 2026
Description
Step into this beautifully updated two-story townhome in the heart of Simi Valley, where charm meets everyday comfort. From the moment you walk up, the inviting entry and pop of that adorable green front door set the tone, it just feels like home.Inside, you'll find 2 bedrooms and 2 bathrooms, filled with natural light and warm, waterproof wood-style flooring that flows throughout. The kitchen and bathrooms have been tastefully remodeled with modern finishes and thoughtful upgrades, so everything feels fresh, clean, and move-in ready.Out back, your private patio is the perfect little escape, whether it's slow mornings with coffee, winding down in the evening, or hosting friends. You've also got a spacious 2-car garage and access to a well-kept community with a pool and spa to enjoy.It's the kind of place that's equal parts cozy and elevated, easy to settle into and hard to leave.
Location
Simi Valley, Ventura County, CA 93063
Open on Google Maps ↗Listed by: Eric Arnaud · RE/MAX ONE
Payment estimate
$4,468
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,995 · Loan: $539,955
- Principal & Interest
- $3,318
- Property tax (1.25%)
- $625
- Homeowners insurance
- $300
- Mortgage insurance
- $225
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 $20,998 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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