5502 E Los Angeles Avenue 1
Simi Valley, CA, 93063
$749,000
MLS: MB26032855
Beds
3
Baths
3
Sq Ft
1,858
Lot
1.35 ac
Year Built
2025
MLS #
MB26032855
Days on Market
66
Listed
Feb 12, 2026
Description
Unbeatable Value – Brand-New Construction on 1.35 Acres! Your dream home just became more affordable! Prepare to be impressed as you step into this beautifully newly built residence situated on a sprawling 1.35-acre parcel, tucked away on a peaceful street. Thoughtfully constructed over two levels, this home is filled with abundant natural light and designed for comfortable everyday living and effortless entertaining. The main level features a generously sized kitchen that flows seamlessly into the welcoming living and dining areas, along with a convenient guest powder room (½ bath). Upstairs, you’ll find three spacious bedrooms, a dedicated laundry room, and a full family bathroom. The private primary suite offers a walk-in closet and its own en-suite bathroom, creating the perfect retreat. Additional highlights include central air conditioning, laminated wood flooring, quality fixtures and finishes, and ample storage throughout. Conveniently located near schools, shopping, dining, and recreational amenities, this property offers the ideal blend of tranquility and accessibility. Be prepared — this may truly be love at first sight. Agents: Please read private remarks.
Location
Simi Valley, Ventura County, CA 93063
Open on Google Maps ↗Listed by: Chris Baumann · EXCELLENCE RE REAL ESTATE
Payment estimate
$5,503
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $74,900 · Loan: $674,100
- Principal & Interest
- $4,142
- Property tax (1.25%)
- $780
- Homeowners insurance
- $300
- Mortgage insurance
- $281
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 $26,215 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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