1
Map
$320,000
●
Condo -
Off Market
2384 Archwood Lane #11
Simi Valley, CA 93063
2 Beds
2 Baths
954 Ft²
$533,133
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Super desirable lower unit. Large great room, galley style kitchen
with peninsula bar. Large bedroom, each with it's own bathroom.
Large patio area. Laundry is in the unit, single car detached
shared garage plus assigned parking space. Community pools and
spas. Great East end location, near Simi Valley High School, stores
and freeway access.
Unit Size
954 Ft²
Days on Market
207 days
Land Size
0.02 acres
Price per sqft
$346
Property Type
Condo
Property Taxes
-
HOA Dues
$290
Year Built
-
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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: 4 days ago (CRMLS #216014373)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | Listed by Sotheby's International Realty | $495,000 | |
| Listed by Sotheby's International Realty | |||
 | |||
|
Fabulous Opportunity To Own A Lovely One-story 2 Bedroom, 2 Bath Lower Level Condo In The Desirable Springtime Condominium Complex; Featuring A Nice Sized Kitchen and Living Area. Sliding-Glass Door To Large Patio. Spacious Master Suite with Adjoining Bath; Wide Wood Shutters Throughout Home; Woodlike Flooring; Great Sized Guest Bedroom; Upgraded Guest Bathroom; Additional Feature Includes In-Unit Stackable Washer and Dryer; Great Location Near Complex Entrance, Pool and Spa; Enjoy Greenbelt And Beautiful Lush Trees Throughout The Community.
| |||
| Nov 30, 2018 | No longer available | - | |
| No longer available | |||
| Oct 11, 2018 | Listed | $349,000 | |
| Listed | |||
| | |||
|
FHA approved updated ground level beauty, this centrally located Springtime Condo is move in ready and looking for a new owner. The spacious 2 Bedroom 2 Bathroom unit offers a open concept Den/Dining room combo. You can enjoy your favorite beverage or just relax in your own private patio area. The meticulous complex offers common areas, swimming pool, spa, greenbelts and pets are allowed. With easy access to shopping, schools and freeway access this is one you don’t want to pass up on. The manager has listed the unit size as 954 square feet.
| |||
| May 12, 2017 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Garage, Community Structure, On Street, DoorSingle, Public, OneSpace
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Flooring Type: Carpet
Exterior Details
Has Property Attached
Square Footage: 954
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1986
Levels: One
Pool Features: Community, In Ground
Lot Size Area: 918
Lot Size Units: Square Feet
Lot Size Acres: 0.0211
Lot Size Square Feet: 918
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Amenities: CallForRules
HOA Fee: $290
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 |
|---|---|---|---|---|---|---|---|
|
12/20/2023
|
2 Bed
|
2 Bath
|
954 ft²
|
$495,000
2 Bed
2 Bath
954 ft²
|
$500,000
+1.01%
01/30/2024
|
Hilda Porter
Century 21 Real Estate Alliance
| |
|
09/21/2021
|
2 Bed
|
1 Bath
|
843 ft²
|
$379,999
2 Bed
1 Bath
843 ft²
|
-
-
|
David Arcudi
Rodeo Realty
| |
|
05/21/2021
|
1 Bed
|
1 Bath
|
672 ft²
|
$335,000
1 Bed
1 Bath
672 ft²
|
$350,000
+4.48%
08/02/2021
|
Robin Hagey
Beverly and Company Inc.
| |
|
12/13/2020
|
2 Bed
|
2 Bath
|
954 ft²
|
$385,000
2 Bed
2 Bath
954 ft²
|
-
-
|
-
| |
|
11/19/2020
|
2 Bed
|
2 Bath
|
954 ft²
|
$389,000
2 Bed
2 Bath
954 ft²
|
$390,000
+0.26%
01/05/2021
|
Brandon Tomczak
Berkshire Hathaway HomeServices California Realty
| |
|
10/11/2018
|
2 Bed
|
2 Bath
|
954 ft²
|
$349,000
2 Bed
2 Bath
954 ft²
|
-
-
|
-
| |
|
10/17/2016
|
2 Bed
|
2 Bath
|
954 ft²
|
$329,950
2 Bed
2 Bath
954 ft²
|
$320,000
-3.02%
05/12/2017
|
Allan Mann
Time Realty Property Management
|
Building Info
About Simi Valley
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Listed by: Allan Mann, Century 21 Masters
Last Updated: 4 days ago
Data Source: CRMLS, MLS# 216014373
Last Updated: 4 days ago
Data Source: CRMLS, MLS# 216014373
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