Listed by: Rima Rafeh, eXp Realty of California Inc
$800,000
●
House -
Off Market
1621 Arcane Street
Simi Valley, CA 93065
4 Beds
2 Baths,
1
Half Bath
1,248 Ft²
$3,924
Est. Monthly
About This Property
BACK ON THE MARKET !!! Hurry Up Before It's Gone!
**Oversized Driveway – Perfect for RV, Boat, Trailer, and Six Cars**
An Absolute Stunner in Simi Valley. Elevate your lifestyle with this extraordinary home – the coolest and cutest property to hit the market in 2024! This luxurious modern residence is a rare find, offering unparalleled elegance and convenience in one of Simi Valley's most desirable neighborhoods.
Step inside to experience a world of luxury with fully upgraded interiors. The home features new flooring that exudes sophistication and charm. The state-of-the-art kitchen is a chef's dream, equipped with the latest appliances, custom cabinetry, and sleek countertops. Both bathrooms have been meticulously renovated with high-end fixtures and modern finishes, providing a spa-like retreat.
Freshly painted throughout, this home is a pristine canvas ready for your personal touch, with laundry hookups conveniently located in the garage. Beyond the stunning interiors, the location is unbeatable. You're just a short drive away from premier public amenities, parks, and top-rated schools.
This home truly offers everything you could imagine and more. Don't miss the opportunity to own a piece of luxury in the heart of Simi Valley.
**Oversized Driveway – Perfect for RV, Boat, Trailer, and Six Cars**
An Absolute Stunner in Simi Valley. Elevate your lifestyle with this extraordinary home – the coolest and cutest property to hit the market in 2024! This luxurious modern residence is a rare find, offering unparalleled elegance and convenience in one of Simi Valley's most desirable neighborhoods.
Step inside to experience a world of luxury with fully upgraded interiors. The home features new flooring that exudes sophistication and charm. The state-of-the-art kitchen is a chef's dream, equipped with the latest appliances, custom cabinetry, and sleek countertops. Both bathrooms have been meticulously renovated with high-end fixtures and modern finishes, providing a spa-like retreat.
Freshly painted throughout, this home is a pristine canvas ready for your personal touch, with laundry hookups conveniently located in the garage. Beyond the stunning interiors, the location is unbeatable. You're just a short drive away from premier public amenities, parks, and top-rated schools.
This home truly offers everything you could imagine and more. Don't miss the opportunity to own a piece of luxury in the heart of Simi Valley.
Unit Size
1,248 Ft²
Days on Market
85 days
Land Size
0.19 acres
Price per sqft
$640
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #SR24161099)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 1, 2024 | Relisted | $799,000 | |
| Relisted | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 4, 2024 | Listed by eXp Realty of California Inc | $799,000 | |
| Listed by eXp Realty of California Inc | |||
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Property Highlights
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Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Listed by: Rima Rafeh, eXp Realty of California Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR24161099
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR24161099
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