1550 Rory Ln #159 · Simi Valley, CA 93063

$199,999

3 bd · 2.0 ba · 1,344 sqft · Manufactured · 19 Days on market

Manufactured home Built 1974 2,853 sqft lot $149/sqft · at area comps Est $192k · at est.

---

Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +5.6/15.0
• Schools +4.0/10.0
• Rent growth +3.8/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Open to offers! NEW LOW Price. This home has the largest living room in the price range! Largest spacious living room and kitchen! Beautiful 3 bedroom, 2 bath home in East Simi with mountain views, 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in2021. The open-concept living room is bright and inviting -- a perfect space for relaxing or entertaining .Enjoy the outdoors in your private side yard, complete with a large storage shed /workshop & room for BBQing or garden.

Key facts

• 2,853 sq ft lot
• 2 parking spots
• Community pool

Property features AI

Finance

• Other: Property sold as-is; Inclusions: all sheds, dryer, kitchen appliances, shade structure in back by shed; Exclusions: washing machine
• Financial info: Listing terms include conventional, cash, cash to new loan, new loan, and take property as is; Land lease type: Lease

Exterior

• Parking: 2-car carport; RV access/parking; Concrete driveway
• Security: Carbon monoxide detectors; Fire and smoke detection system; Resident manager; Community security features
• Utilities: Water, sewer, and power details not specified
• Home design: Manufactured home; Entry at ground level with steps; 3 total stories; Bendix model; Skirted with wood and aluminum
• Construction: Built in 1974; Siding exterior (wood and aluminum); Composition shingle roof; Raised foundation with pier jacks
• Exterior features: Enclosed patio/porch; Double pane windows with mini blinds, vertical blinds and screens; Chain link fencing; Private pool and spa — fenced and electrically heated; View

Interior

• Kitchen: Microwave; Gas/Electric range; Kitchen appliances included
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Ceiling fan(s); Heating present
• Interior features: Paneled walls; Track lighting; Insulated doors; No fireplace; Updated/remodeled condition; 36+ inch wide halls, 32+ inch wide doors, doors swing in; Disability and handicap access with wheelchair adaptability and ramp(s)
• Laundry & utility: Indoor laundry area; Laundry closet with stackable hookup; Dryer included (washing machine excluded)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $200k.

Deal economics

• At list price, monthly cash flow is $2k ($19k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $200k).
• Recommended offer: $197k (1.5% below list) — sets the bar for market timing.
• Cap rate 15.7% vs local median 3.0% in Simi Valley — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 63/100 on livability (#456 in CA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing B; Watch: amenities F, commute D-, cost of living F.
• Simi Valley Unified (suburban): math 36% / reading 49% proficiency, ranked #170 of 517 in CA (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hollow Hills Elementary (math 54% / reading 68%, grade B, #222 of 1,571 statewide, top 14%, 637 students, 38% FRL); Valley View Middle (math 32% / reading 48%, grade F, #152 of 498 statewide, top 31%, 1,140 students, 39% FRL); Simi Valley High (math 38% / reading 57%, grade D, #384 of 1,170 statewide, top 33%, 1,935 students, 33% FRL).
• Market conditions: Rents rising fast (+5.2%/yr); 157 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,759 units permitted in Ventura County in 2024 (1,196 in 5+ unit buildings).
• This rent runs 36% of the median local income ($125k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Ventura County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 5.2% rent growth), your $56k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $165k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; major wildfire risk; extreme-heat days projected 8→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $196,999 (1.5% below list)

Questions for the listing agent

1. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.87% ✓
• Cap rate: 15.72%
• Cash-on-cash: 33.66%
• DSCR: 2.50
• GRM: 4.5

CMA / ARV

• ARV (median comp): $191,893
• List price: $199,999
• Delta: 4.22%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1550 Rory Ln #215	0.11mi	3/2.0	1,344 (0%)	0mo	$135,000	$100	94
1550 Rory Ln #70	0.15mi	3/2.0	1,344 (0%)	11mo	$219,700	$163	83
1550 Rory Ln #101	0.11mi	3/2.0	1,344 (0%)	15mo	$224,000	$167	82
1550 Rory Ln #76	0.11mi	3/2.0	1,344 (0%)	20mo	$225,000	$167	78
1550 Rory Ln #68	0.17mi	3/2.0	1,344 (0%)	23mo	$250,000	$186	73
6480 Katherine Rd #26	0.60mi	3/2.0	1,344 (0%)	12mo	$284,999	$212	62
6079 Cedar St	0.55mi	3/2.0	1,248 (-7%)	5mo	$525,000	$421	58
1550 Rory #197	0.03mi	4/2.0 (+1)	1,500 (+12%)	23mo	$260,000	$173	55
6480 Katherine Rd #79	0.68mi	3/2.0	1,440 (+7%)	3mo	$170,000	$118	54
6480 Katherine St #109	0.68mi	3/2.0	1,440 (+7%)	6mo	$180,000	$125	52
6480 Katherine #75	0.63mi	2/2.0 (-1)	1,152 (-14%)	3mo	$168,000	$146	39
6480 Katherine Rd #135	0.73mi	2/2.0 (-1)	1,440 (+7%)	13mo	$183,000	$127	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.22% rent growth · sell at horizon

5-year hold

• IRR: 31.5%
• Equity multiple: 2.36×
• Total profit: $76,227
• Equity at exit: $29,821

10-year hold

• IRR: 39.8%
• Equity multiple: 5.14×
• Total profit: $232,077
• Equity at exit: $17,292

Cash invested: $56,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 93063

• Rents YoY: 5.2%
• Active inventory: 157
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $3,738 high
• Mortgage (P&I): −$1,049
• Tax est. 1.5%: −$250 /mo · $3,000/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$785
• Net cashflow: $1,571

Break-even live

Break-even rent $1,750

Max offer price $199,999

Occupancy floor 53%

Sensitivity live

Price	-10% $1,709	-5% $1,640	+0% $1,571	+5% $1,502	+10% $1,433
Rent	-10% $1,275	-5% $1,423	+0% $1,571	+5% $1,718	+10% $1,866
Rate	-1.0pp $1,672	-0.5pp $1,622	base $1,571	+0.5pp $1,519	+1.0pp $1,466

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5960 Juniper Ct Simi Valley, CA	3.0	2.5	1602	$3,700	$2.31	16d	1	0.09mi
1930 Yosemite Ave Simi Valley, CA	1.0–3.0	1.0–2.0	850	$2,915	$3.43	0d	1	0.19mi
1830 Rory Ln Simi Valley, CA	2.0	2.5	1437	$3,288	$2.29	46d	1	0.22mi
1948 Rory Ln #4 Simi Valley, CA	3.0	2.5	1583	$3,900	$2.46	26d	1	0.26mi
5676 Bloomfield St Simi Valley, CA	4.0	2.0	1380	$8,500	$6.16	0d	1	0.39mi
5664 Bloomfield St Simi Valley, CA	4.0	2.0	1800	$9,998	$5.55	0d	1	0.39mi
2163 Timberlane Ave Simi Valley, CA	4.0	2.0	1826	$4,300	$2.35	23d	1	0.56mi
911 Katherine Rd Simi Valley, CA	3.0	2.0	1501	$4,350	$2.90	46d	1	0.69mi
5312 Diane St Simi Valley, CA	4.0	2.0	1812	$4,500	$2.48	46d	1	0.83mi
5505 Cochran St Simi Valley, CA	1.0–3.0	1.0–2.0	838	$3,479	$4.15	0d	18	0.98mi
6769 Cowboy St Simi Valley, CA	3.0	2.5	1659	$4,300	$2.59	26d	1	0.98mi
6769 Cowboy St Simi Valley, CA	3.0	3.0	1659	$4,300	$2.59	5d	1	0.98mi
2464 Blossom Ridge Ct #2 Simi Valley, CA	3.0	2.0	1724	$3,795	$2.20	0d	1	1.03mi
5377 Cochran St Simi Valley, CA	1.0–3.0	1.0–2.0	881	$3,395	$3.85	46d	1	1.07mi
5065 Hidden Park Ct Simi Valley, CA	1.0–3.0	1.0–2.0	1004	$3,440	$3.43	0d	12	1.10mi

Listing history 28 events

1. 2026-06-22
   days on market $199,999 Active 19 DOM
2. 2026-06-21
   days on market $199,999 Active 18 DOM
3. 2026-06-18
   days on market $199,999 Active 15 DOM
4. 2026-06-17
   days on market $199,999 Active 14 DOM
5. 2026-06-16
   days on market $199,999 Active 13 DOM
6. 2026-06-15
   days on market $199,999 Active 12 DOM
7. 2026-06-13
   days on market $199,999 Active 10 DOM
8. 2026-06-13
   days on market $199,999 Active 9 DOM
9. 2026-06-10
   days on market $199,999 Active 7 DOM
10. 2026-06-09
    days on market $199,999 Active 6 DOM
11. 2026-06-08
    days on market $199,999 Active 5 DOM
12. 2026-06-07
    days on market $199,999 Active 4 DOM
13. 2026-06-03
    days on marketlisting id $199,999 Active 1 DOM
14. 2026-05-31
    days on market $199,999 Active 269 DOM

    Show marketing remark (711 chars)

    Open to offers! NEW LOW Price. This home has the largest living room in the price range! Largest spacious living room and kitchen! Beautiful 3 bedroom, 2 bath home in East Simi with mountain views, 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in2021. The open-concept living room is bright and inviting -- a perfect space for relaxing or entertaining .Enjoy the outdoors in your private side yard, complete with a large storage shed /workshop & room for BBQing or garden.

15. 2026-05-01
    price $214,999 701-char remark

    Show marketing remark (711 chars)

    Open to offers! NEW LOW Price. This home has the largest living room in the price range! Largest spacious living room and kitchen! Beautiful 3 bedroom, 2 bath home in East Simi with mountain views, 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in2021. The open-concept living room is bright and inviting -- a perfect space for relaxing or entertaining .Enjoy the outdoors in your private side yard, complete with a large storage shed /workshop & room for BBQing or garden.

16. 2026-03-23
    price $219,999 701-char remark

    Show marketing remark (711 chars)

    Open to offers! NEW LOW Price. This home has the largest living room in the price range! Largest spacious living room and kitchen! Beautiful 3 bedroom, 2 bath home in East Simi with mountain views, 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in2021. The open-concept living room is bright and inviting -- a perfect space for relaxing or entertaining .Enjoy the outdoors in your private side yard, complete with a large storage shed /workshop & room for BBQing or garden.

17. 2026-02-09
    price $224,000 701-char remark

    Show marketing remark (711 chars)

    Open to offers! NEW LOW Price. This home has the largest living room in the price range! Largest spacious living room and kitchen! Beautiful 3 bedroom, 2 bath home in East Simi with mountain views, 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in2021. The open-concept living room is bright and inviting -- a perfect space for relaxing or entertaining .Enjoy the outdoors in your private side yard, complete with a large storage shed /workshop & room for BBQing or garden.

18. 2025-09-04
    listed $229,000 Active 701-char remark

    Show marketing remark (1473 chars)

    Beautiful 3-Bedroom Home with Mountain Views in East Simi Valley. Welcome to this spacious and updated 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in 2021. The open-concept living room is bright and inviting — a perfect space for relaxing or entertaining. Enjoy the outdoors in your private side yard, complete with a large storage shed and plenty of room for BBQing or garden. The property includes parking for up to three vehicles, a rare find in this area. Nice kitchen window over the sink and a large pantry. There is a ramp off the deck at the front entrance side. A powerful 220 volt outside outlet has been added for outdoor patio electricity. Two more smaller Sheds provides ample storage. Located in a pet friendly, all age community with two sparkling pools, a relaxing hot tub, sauna, club room and gorgeous mountain views, you'll feel like you're on vacation every day. All this, just minutes from Simi schools, shopping, dining, train station and more. The park Space rent with seller credit will be $1,650/mo. the first year. Then following years will be $1,850/mo. Don't miss this incredible opportunity to own a beautiful manufactured home in Simi Valley — schedule your private showing today!

19. 2025-09-04
    historical 1473-char remark

    Show marketing remark (1473 chars)

    Beautiful 3-Bedroom Home with Mountain Views in East Simi Valley. Welcome to this spacious and updated 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in 2021. The open-concept living room is bright and inviting — a perfect space for relaxing or entertaining. Enjoy the outdoors in your private side yard, complete with a large storage shed and plenty of room for BBQing or garden. The property includes parking for up to three vehicles, a rare find in this area. Nice kitchen window over the sink and a large pantry. There is a ramp off the deck at the front entrance side. A powerful 220 volt outside outlet has been added for outdoor patio electricity. Two more smaller Sheds provides ample storage. Located in a pet friendly, all age community with two sparkling pools, a relaxing hot tub, sauna, club room and gorgeous mountain views, you'll feel like you're on vacation every day. All this, just minutes from Simi schools, shopping, dining, train station and more. The park Space rent with seller credit will be $1,650/mo. the first year. Then following years will be $1,850/mo. Don't miss this incredible opportunity to own a beautiful manufactured home in Simi Valley — schedule your private showing today!

20. 2025-07-23
    price $229,999 1473-char remark

    Show marketing remark (1473 chars)

    Beautiful 3-Bedroom Home with Mountain Views in East Simi Valley. Welcome to this spacious and updated 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in 2021. The open-concept living room is bright and inviting — a perfect space for relaxing or entertaining. Enjoy the outdoors in your private side yard, complete with a large storage shed and plenty of room for BBQing or garden. The property includes parking for up to three vehicles, a rare find in this area. Nice kitchen window over the sink and a large pantry. There is a ramp off the deck at the front entrance side. A powerful 220 volt outside outlet has been added for outdoor patio electricity. Two more smaller Sheds provides ample storage. Located in a pet friendly, all age community with two sparkling pools, a relaxing hot tub, sauna, club room and gorgeous mountain views, you'll feel like you're on vacation every day. All this, just minutes from Simi schools, shopping, dining, train station and more. The park Space rent with seller credit will be $1,650/mo. the first year. Then following years will be $1,850/mo. Don't miss this incredible opportunity to own a beautiful manufactured home in Simi Valley — schedule your private showing today!

21. 2025-06-25
    price $249,999 1473-char remark

    Show marketing remark (1473 chars)

    Beautiful 3-Bedroom Home with Mountain Views in East Simi Valley. Welcome to this spacious and updated 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in 2021. The open-concept living room is bright and inviting — a perfect space for relaxing or entertaining. Enjoy the outdoors in your private side yard, complete with a large storage shed and plenty of room for BBQing or garden. The property includes parking for up to three vehicles, a rare find in this area. Nice kitchen window over the sink and a large pantry. There is a ramp off the deck at the front entrance side. A powerful 220 volt outside outlet has been added for outdoor patio electricity. Two more smaller Sheds provides ample storage. Located in a pet friendly, all age community with two sparkling pools, a relaxing hot tub, sauna, club room and gorgeous mountain views, you'll feel like you're on vacation every day. All this, just minutes from Simi schools, shopping, dining, train station and more. The park Space rent with seller credit will be $1,650/mo. the first year. Then following years will be $1,850/mo. Don't miss this incredible opportunity to own a beautiful manufactured home in Simi Valley — schedule your private showing today!

22. 2025-03-12
    price $239,999 1473-char remark

    Show marketing remark (1473 chars)

    Beautiful 3-Bedroom Home with Mountain Views in East Simi Valley. Welcome to this spacious and updated 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in 2021. The open-concept living room is bright and inviting — a perfect space for relaxing or entertaining. Enjoy the outdoors in your private side yard, complete with a large storage shed and plenty of room for BBQing or garden. The property includes parking for up to three vehicles, a rare find in this area. Nice kitchen window over the sink and a large pantry. There is a ramp off the deck at the front entrance side. A powerful 220 volt outside outlet has been added for outdoor patio electricity. Two more smaller Sheds provides ample storage. Located in a pet friendly, all age community with two sparkling pools, a relaxing hot tub, sauna, club room and gorgeous mountain views, you'll feel like you're on vacation every day. All this, just minutes from Simi schools, shopping, dining, train station and more. The park Space rent with seller credit will be $1,650/mo. the first year. Then following years will be $1,850/mo. Don't miss this incredible opportunity to own a beautiful manufactured home in Simi Valley — schedule your private showing today!

23. 2025-02-24
    price $244,999 1473-char remark

    Show marketing remark (1473 chars)

    Beautiful 3-Bedroom Home with Mountain Views in East Simi Valley. Welcome to this spacious and updated 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in 2021. The open-concept living room is bright and inviting — a perfect space for relaxing or entertaining. Enjoy the outdoors in your private side yard, complete with a large storage shed and plenty of room for BBQing or garden. The property includes parking for up to three vehicles, a rare find in this area. Nice kitchen window over the sink and a large pantry. There is a ramp off the deck at the front entrance side. A powerful 220 volt outside outlet has been added for outdoor patio electricity. Two more smaller Sheds provides ample storage. Located in a pet friendly, all age community with two sparkling pools, a relaxing hot tub, sauna, club room and gorgeous mountain views, you'll feel like you're on vacation every day. All this, just minutes from Simi schools, shopping, dining, train station and more. The park Space rent with seller credit will be $1,650/mo. the first year. Then following years will be $1,850/mo. Don't miss this incredible opportunity to own a beautiful manufactured home in Simi Valley — schedule your private showing today!

24. 2025-02-17
    price $254,999 1473-char remark

    Show marketing remark (1473 chars)

    Beautiful 3-Bedroom Home with Mountain Views in East Simi Valley. Welcome to this spacious and updated 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in 2021. The open-concept living room is bright and inviting — a perfect space for relaxing or entertaining. Enjoy the outdoors in your private side yard, complete with a large storage shed and plenty of room for BBQing or garden. The property includes parking for up to three vehicles, a rare find in this area. Nice kitchen window over the sink and a large pantry. There is a ramp off the deck at the front entrance side. A powerful 220 volt outside outlet has been added for outdoor patio electricity. Two more smaller Sheds provides ample storage. Located in a pet friendly, all age community with two sparkling pools, a relaxing hot tub, sauna, club room and gorgeous mountain views, you'll feel like you're on vacation every day. All this, just minutes from Simi schools, shopping, dining, train station and more. The park Space rent with seller credit will be $1,650/mo. the first year. Then following years will be $1,850/mo. Don't miss this incredible opportunity to own a beautiful manufactured home in Simi Valley — schedule your private showing today!

25. 2025-02-06
    listed $284,999 Active 1473-char remark

    Show marketing remark (1473 chars)

    Beautiful 3-Bedroom Home with Mountain Views in East Simi Valley. Welcome to this spacious and updated 1,344 sq. ft. manufactured home featuring 3 bedrooms and 2 bathrooms, this move-in-ready home offers the perfect blend of comfort, style, and convenience. Remodeled in 2021, the home boasts modern finishes, stainless steel appliances, and a large HVAC system also installed in 2021. The open-concept living room is bright and inviting — a perfect space for relaxing or entertaining. Enjoy the outdoors in your private side yard, complete with a large storage shed and plenty of room for BBQing or garden. The property includes parking for up to three vehicles, a rare find in this area. Nice kitchen window over the sink and a large pantry. There is a ramp off the deck at the front entrance side. A powerful 220 volt outside outlet has been added for outdoor patio electricity. Two more smaller Sheds provides ample storage. Located in a pet friendly, all age community with two sparkling pools, a relaxing hot tub, sauna, club room and gorgeous mountain views, you'll feel like you're on vacation every day. All this, just minutes from Simi schools, shopping, dining, train station and more. The park Space rent with seller credit will be $1,650/mo. the first year. Then following years will be $1,850/mo. Don't miss this incredible opportunity to own a beautiful manufactured home in Simi Valley — schedule your private showing today!

26. 2021-12-07
    soldstatus $165,000 Closed
27. 2021-10-08
    status Pending
28. 2021-09-24
    listed $165,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X · 47% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 5/10 Major 8 d/yr ≥101°F today · 22 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $44,855
• − Mortgage interest: −$11,203
• − Property taxes: −$3,000
• − Insurance: −$1,000
• − Repairs & maintenance: −$3,588
• − Management: −$3,588
• − Depreciation: −$5,818
• Taxable income: $16,657
• Est. tax owed @ 24.0%: −$3,998
• After-tax cash flow: $14,852/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Simi Valley Unified
• NCES district ID: 0636840
• Math proficiency: 36% ▼ -7.00%
• Reading proficiency: 49% ▼ -5.00%
• Median HH income: $88,818
• Composite: 40.23/100
• National rank: #3773
• State rank: #170 of 517 in CA

Livability — Simi Valley

• Score: 63/100
• State rank: #456
• US rank: #15494

Category grades

Amenities F Commute D- Cost of living F Crime A+ Employment A+ Housing B Health & safety F User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Simi Valley, CA
• County: Ventura County · 829,955 people
• City population: 128,600
• Metro: Oxnard-Thousand Oaks-Ventura, CA
• Population (ZIP): 55,066
• Household income: $125,098
• Rent vs Own: 26.2% rent · 73.8% own
• Severe rent burden: 1322.0

Population outlook (Ventura County) Hauer SSP2

• Today (2025): 895,754 people
• By 2030: 912,134 · +1.8%
• By 2040: 931,454 · +4.0%
• By 2050: 934,609 · +4.3%
• By 2075: 924,899 · +3.3%
• By 2100: 864,712 · -3.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 25% Two or more races 15% Asian 11% Black 2%
• Hispanic origin (detail): Mexican 17% Cuban 1%
• Common ancestry: Italian 5% Lithuanian 2% Slovak 2%
• Foreign-born: 18% · Canada, China, Vietnam
• Languages at home: 75% English-only · Spanish 14% Other Indo-European 4% Tagalog/Filipino 2%

Political lean MEDSL · Ventura

• 2024 margin: D (+15.1) · D 56.1% · R 41.0% · Other 2.9%
• 2008→2024 swing: +2.8pp toward D · 2008: 12.3pp · 2024: 15.1pp
• All cycles: 2024: D+15.1 2020: D+21.1 2016: D+16.8 2012: D+5.3 2008: D+12.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -910.70%
• Current HPI: 297.7444
• Rent YoY: ▲ 5.22%
• Metro: Oxnard-Thousand Oaks-Ventura, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+21.2% since first listed

19 events — show timeline

• 2026-06-03 Listed $199,999 CSMAR
• 2026-06-03 Coming Soon $199,999 CSMAR
• 2026-05-31 Listing Removed — CSMAR
• 2026-05-26 Price Changed $199,999 CSMAR
• 2026-05-23 Price Changed $209,999 CSMAR
• 2026-05-01 Price Changed $214,999 CSMAR
• 2026-03-23 Price Changed $219,999 CSMAR
• 2026-02-09 Price Changed $224,000 CSMAR
• 2025-09-04 Listing Removed — CSMAR
• 2025-09-04 Listed $229,000 CSMAR
• 2025-07-23 Price Changed $229,999 CSMAR
• 2025-06-25 Price Changed $249,999 CSMAR
• 2025-03-12 Price Changed $239,999 CSMAR
• 2025-02-24 Price Changed $244,999 CSMAR
• 2025-02-17 Price Changed $254,999 CSMAR
• 2025-02-06 Listed $284,999 CSMAR
• 2021-12-07 Sold (MLS) $165,000 GPSMLS
• 2021-10-08 Pending — GPSMLS
• 2021-09-24 Listed $165,000 GPSMLS

Property tax history

+2.1%/yr

Latest (2025): $258 · +1.1% YoY. Source: county tax records.