31
Map
$615,000
↓ $35K (5.4%)
●
Multifamily -
For Sale
2277 Workman
Simi Valley, CA 93063
2 Beds
1 Bath,
1
Half Bath
1,211 Ft²
$3,450
Est. Monthly
$430
HOA / Fees
About This Property
This beautifully upgraded home features 2 bedrooms, 1 full bath,
and 1 half bath, plus a versatile third room perfect for an office.
Enjoy a one-car garage and a wonderful garden filled with mature
plants and vegetables. The kitchen and bathrooms have been
completely remodeled with modern finishes, complemented by luxury
vinyl flooring throughout. Recent upgrades include a new HVAC,
attic insulation, electrical panel, and bonus room addition.
Convenience is key with included appliances like a Maytag washer
and dryer a newer stove and microwave, garage storage cabinets, and
an electric lawn mower. The home is also wired and ready for a
generator. Perfect blend of comfort, functionality, and charm!
Unit Size
1,211 Ft²
Days on Market
68 days
Land Size
0.12 acres
Price per sqft
$508
Property Type
Multifamily
Property Taxes
-
HOA Dues
$430
Year Built
1975
Listed By
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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: 10 days ago (CRMLS #SR26186827)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Price Decreased |
$615,000
↓ $35K
(5.4%) | |
| Price Decreased | |||
| Sep 18, 2026 | Price Decreased |
$649,999
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by Equity Union | $675,000 | |
| Listed by Equity Union | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: AllBedroomsDown
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Has Property Attached
Square Footage: 1211
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1975
Levels: One
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 5227
Lot Size Units: Square Feet
Lot Size Acres: 0.12
Lot Size Square Feet: 5227
Tax Lot: 1-18
Water Source: Public
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Water
HOA Fee: $430
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
2277 Workman Avenue
2277 Workman Avenue, Simi Valley, CA 93063
- 1 Unit for Sale
About Simi Valley
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Listed by: Doug Puetz, Equity Union
Last Updated: 10 days ago
Data Source: CRMLS, MLS# SR26186827
Last Updated: 10 days ago
Data Source: CRMLS, MLS# SR26186827
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