1226 Patricia Avenue, 50, Simi Valley, CA 93065
1226 Patricia Avenue, 50, Simi Valley, CA 93065
Property Description
Seller will consider buyer Closing cost or rate buy down credit with acceptable offer. This desirable ground-level 1 bedroom, 1 bath condo is move-in ready and located in west Simi Valley. The unit is beautifully updated and features stone tiled floors; an new dual pane bedroom window; an electric fireplace in the living room; an electric stove and oven; refrigerator; a new water heater; updated washing and drying machine pipes and vents; working a/c; and a private, well-maintained & painted patio perfect for relaxing or entertaining. The glass has been covered with privacy screens to allow light in. The bathroom has been a completely rebuilt with ceramic and porcelain tiles; a deep enamel, fiber glass soaking tub; new toilet; and new bathroom sink. The open floor plan includes a dining area that opens to the updated kitchen with quartz countertops, tons of cabinet space, and stainless steel appliances. The spacious bedroom offers ample closet space. The unit also features private indoor laundry; extra storage space in the unit; an attached carport with storage cabinets; plus one uncovered assigned parking space for a total of two spots. There are spigots in the patio and by the car ports. The community offers manicured greenbelts, pool & spa access, a clubhouse, and low HOA dues that cover maintenance, trash, and water. Conveniently located near stores, banks, schools, parks, restaurants, and more! Easy commuter access to the 118 and 23 freeways.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Simi Valley · Condominium
Listed 11.5% below the median closed sale of $390,000. Price per sqft ($525) is a 24% premium to closed comps ($425). Closed comps sold at 95% of list — buyers have negotiating leverage.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2506 Chandler Avenue | Simi Valley | 1985 | 1 | 1 | 733 | 0 | $457 | $335,000 | 2 | 87 |
| 1182 Tivoli Lane | Simi Valley | 1986 | 1 | 1 | 733 | 733 | $484 | $355,000 | 169 | 82 |
| 2506 Chandler Avenue | Simi Valley | 1985 | 1 | 1 | 733 | 733 | $457 | $335,000 | 2 | 81 |
| 2731 Erringer Road | Simi Valley | 1990 | 1 | 1 | 724 | 724 | $536 | $388,000 | 3 | 80 |
| 3330 Darby Street | Simi Valley | 1983 | 1 | 1 | 950 | 950 | $384 | $365,000 | 2 | 63 |
| Total: 5 · Average | 1.0 | 1.0 | 774.6 | 785 | $463.6 | $355,600 | 35.6 | |||
| Median | 733 | $355,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1253 Tivoli Lane | Simi Valley | 1985 | 10/08/2026 | 1 | 1 | 733 | 733 | $359,000 | $350,000 | $477 | 0.97 | 120 | 84 |
| 1158 Tivoli Lane | Simi Valley | 1985 | 05/29/2026 | 1 | 1 | 733 | 733 | $399,999 | $349,351 | $477 | 0.87 | 106 | 82 |
| 1256 Patricia Avenue | Simi Valley | 1979 | 08/06/2026 | 2 | 2 | 1,084 | 0 | $415,000 | $395,000 | $364 | 0.95 | 45 | 76 |
| 1932 Heywood Street | Simi Valley | 1981 | 07/22/2026 | 2 | 2 | 880 | 880 | $409,000 | $395,000 | $449 | 0.97 | 100 | 73 |
| 1772 Sinaloa Road | Simi Valley | 1980 | 09/10/2026 | 2 | 2 | 1,092 | 1,092 | $399,000 | $390,000 | $357 | 0.98 | 64 | 71 |
| Total: 5 · Average | 1.6 | 1.6 | 904.4 | 859.5 | $375,870.2 | $375,870.2 | $424.8 | — | 87 | ||||
| Median | 880 | $390,000 | $390,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.