1
Map
$390,000
●
Condo -
Off Market
2384 Archwood Lane #18
Simi Valley, CA 93063
2 Beds
2 Baths
954 Ft²
$505,144
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Welcome home!!! This charming Springtime Condo located on the East
end of Simi Valley is turnkey and move in ready. Features include
rare 2 Bedroom and 2 Bath 954 Sqft unit, located on the the top
floor with Bamboo flooring thought, freshly painted ceiling and
walls finished with a Bull nosing touch. The family room
showcases Vaulted Ceilings and a large Cathedral style window that
allows for a great amount of natural light making this property a
hidden gem. The kitchen and breakfast nook are finished perfectly
with black modern light fixtures, laundry closet is conveniently
located inside the unit, both bedrooms have mirrored closet doors
and ceiling fans. With the open patio allowing for a view this unit
has close and easy access to the community pool & spa. Located
walking distance to the High School, close proximity to freeway
access, shopping centers, park and train station. Trash and Water
are included in HOA. Do Not Miss Out On This Opportunity!!!
Unit Size
954 Ft²
Days on Market
47 days
Land Size
0.02 acres
Price per sqft
$408
Property Type
Condo
Property Taxes
-
HOA Dues
$330
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: 2 days ago (CRMLS #220011039)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2021 | Sold | ||
| Sold | |||
| Nov 19, 2020 | Listed by Berkshire Hathaway HomeServices California Realty | $389,000 | |
| Listed by Berkshire Hathaway HomeServices California Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage, Guest, OneSpace
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Cathedral Ceiling(s), Balcony, BreakfastArea
Appliances: Dishwasher, Microwave, Refrigerator
Flooring Type: Bamboo
Door Features: Sliding Doors
Exterior Details
Has Property Attached
Square Footage: 954
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1986
Window Features: Blinds, Drapes
Construction Materials: Stucco
Pool Features: Association, In Ground
Lot Size Area: 954
Lot Size Units: Square Feet
Lot Size Acres: 0.0219
Lot Size Square Feet: 954
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA Fee: $330
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,750 /mo
- 3 Beds
- 1 Bath
- 1,141 ft²
$4,995 /mo
- 4 Beds
- 2 Baths
- 1,891 ft²
Listed by: Brandon Tomczak, Berkshire Hathaway HomeServices California Realty
Last Updated: 2 days ago
Data Source: CRMLS, MLS# 220011039
Last Updated: 2 days ago
Data Source: CRMLS, MLS# 220011039
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