1
Map
$495,950
●
Condo -
Off Market
2346 Royal Avenue #7
Simi Valley, CA 93065
3 Beds
2 Baths
1,088 Ft²
$510,712
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Single story, 3 bedroom 2 bath. Fresh paintbrand new carpets in
bedrooms. Ceramic tilein living room, dining area, kitchen,
hallway andbaths. Central heating and Air. Corner Fireplace.Laundry
area IN unit, washer/ dryer NOT included. Kitchen features a nice
pantry for extrastorage. Smooth ceilings.Two private patios.Two car
(oversized) garage not shared.Seller paying off the assessment for
new roof of 10,000.00 so HOA will be 328.00 a month.
Unit Size
1,088 Ft²
Days on Market
39 days
Land Size
0.03 acres
Price per sqft
$456
Property Type
Condo
Property Taxes
-
HOA Dues
$328
Year Built
1964
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Cap Rate Calculator
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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: 22 hours ago (CRMLS #222000517)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2022 | Sold | ||
| Sold | |||
| Feb 5, 2022 | Listed by Gemette Real Estate | $495,950 | |
| Listed by Gemette Real Estate | |||
| Aug 8, 2014 | Sold | ||
| Sold | |||
| Jun 6, 2014 | Listed by Keller Williams Westlake Village | $305,000 | |
| Listed by Keller Williams Westlake Village | |||
 | |||
|
Take a look at this 3+2 Royal Place ONE STORY End Unit Condo! By June 16, it will be freshly painted inside and have scraped ceilings. It has a wonderful white kitchen with laminate counter tops, white tile floors and two private patios. Carpet in some bedrooms. The family room is right off the kitchen and has a fireplace. Two car detached garage. Newer AC, and Water Heater. Close to schools, great food and shopping!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener, Oversized
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Pantry, SeparateFormalDiningRoom, PrimarySuite
Appliances: Dishwasher, Disposal, GasCooking
Door Features: Sliding Doors
Laundry Features: Gas Dryer Hookup, Inside
Has Fireplace
Fireplace Features: Decorative, Gas Starter, Living Room
Exterior Details
Has Property Attached
Square Footage: 1088
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Architectural Style: Bungalow
Year Built Source: See Remarks
Year Built: 1986
Levels: One
Window Features: Blinds
Construction Materials: Brick
Patio and Porch Features: Enclosed, Concrete
Lot Features: Landscaped
Lot Size Area: 1088
Lot Size Units: Square Feet
Lot Size Acres: 0.025
Lot Size Square Feet: 1088
Water Source: Public
Utilities Details
Cooling Type: Central Air, Electric, Heat Pump
Heating Type: Electric, Fireplace(s)
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, CallForRules, PetRestrictions
HOA Fee: $328
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 |
|---|---|---|---|---|---|---|---|
|
09/14/2023
|
3 Bed
|
2 Bath
|
1088 ft²
|
$599,000
3 Bed
2 Bath
1088 ft²
|
-
-
|
Meline Khacheryan
eXp Realty of California Inc
| |
|
04/20/2022
|
3 Bed
|
2 Bath
|
1414 ft²
|
$579,999
3 Bed
2 Bath
1414 ft²
|
$610,000
+5.17%
06/17/2022
|
Brandon Cusinato
RE/MAX ONE
| |
|
02/05/2022
|
3 Bed
|
2 Bath
|
1088 ft²
|
$495,950
3 Bed
2 Bath
1088 ft²
|
$495,950
03/16/2022
|
Vicki Gemette
Gemette Real Estate
| |
|
04/03/2019
|
3 Bed
|
2 Bath
|
1414 ft²
|
$419,000
3 Bed
2 Bath
1414 ft²
|
$415,000
-0.95%
06/03/2019
|
Norma Halvorson
Keller Williams Exclusive Properties
| |
|
10/10/2018
|
3 Bed
|
2 Bath
|
1414 ft²
|
$397,000
3 Bed
2 Bath
1414 ft²
|
$399,000
+0.50%
12/06/2018
|
Beatriz Lopez
Century 21 Real Estate Alliance
| |
|
06/17/2014
|
3 Bed
|
1 Bath
|
1414 ft²
|
$320,000
3 Bed
1 Bath
1414 ft²
|
$320,000
08/07/2014
|
Marie Cole
Rodeo Realty
| |
|
06/06/2014
|
3 Bed
|
-
|
1088 ft²
|
$305,000
3 Bed
-
1088 ft²
|
$300,000
-1.64%
08/08/2014
|
Cynthia Sorey
Keller Williams Westlake Village
| |
|
11/24/2013
|
3 Bed
|
-
|
1088 ft²
|
$319,000
3 Bed
-
1088 ft²
|
$314,000
-1.57%
02/13/2014
|
Cynthia Sorey
Keller Williams Westlake Village
|
Building Info
About Simi Valley
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$7,500 /mo
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$2,500 /mo
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Listed by: Vicki Gemette, Gemette Real Estate
Last Updated: 22 hours ago
Data Source: CRMLS, MLS# 222000517
Last Updated: 22 hours ago
Data Source: CRMLS, MLS# 222000517
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