5888 Oak Knolls
Simi Valley, CA, 93063
$899,000
MLS: SR26042531
Beds
3
Baths
2
Sq Ft
1,598
Lot
0.13 ac
Year Built
1969
MLS #
SR26042531
Days on Market
33
Listed
Feb 26, 2026
Description
Nestled in the peaceful Knolls neighborhood of Simi Valley, this versatile property offers comfort, space, and excellent income potential. The main residence features 3 bedrooms and 2 bathrooms 1598 sqft with a spacious living area, functional kitchen with stainless steel appliances, smooth ceilings, recessed lighting, and laminate flooring. The primary suite includes dual sinks and a stone soaking tub. The lower level offers additional living spaces with separate access, providing flexibility for extended family, guests, or rental opportunities. Ideal setup to live in one portion and rent the others. Enjoy a private, low-maintenance backyard with beautiful mountain views in a quiet, established community.
Location
Simi Valley, Ventura County, CA 93063
Open on Google Maps ↗Listed by: Martiros Karamanyan · JohnHart Real Estate
Payment estimate
$6,545
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,900 · Loan: $809,100
- Principal & Interest
- $4,971
- Property tax (1.25%)
- $936
- Homeowners insurance
- $300
- Mortgage insurance
- $337
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 $31,465 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.
Similar Homes Nearby
Active and pending listings in ZIP 93063 (Simi Valley) within ±10% of this home's price and size.
$813,400
6143 Wisteria Street
Simi Valley, 93063
$815,000
1534 Acadia Street
Simi Valley, 93063
$829,000
2228 Oak Haven Avenue
Simi Valley, 93063
$829,000
6191 E Vera Street
Simi Valley, 93063
Pending8 DOM$838,000
5604 Bloomfield Street
Simi Valley, 93063
$838,000
5604 Bloomfield Street
Simi Valley, 93063
Local Market Stats
See Simi Valley, CA 93063 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.