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Sold for $750,000 on 11/07/23
  • $750,000

    561 Royal Ave, Simi Valley, CA 93065

    2beds
    760sqft
    Single Family Residence
    Built in 1955
    0.53 Acres Lot
    $772,700 Zestimate®
    $987/sqft
    $2,670 Estimated rent

    What's special

    A Developers Dream Property! Newly remodeled, cozy, two bedroom home with a HUGE LOT (nearly 23,000 square feet / 0.53 acre of flat land). The property features brand new kitchen cabinets, quartz countertops, brand new appliances, split a/c units, and laminated wood flooring throughout the house. As well as a fireplace in the livingroom and a 2-3 car carport. Bright and airy, the property is conveniently located near schools, restaurants, shops and various modes of public transportation. But the biggest highlight here is certainly the over 1/2 acre worth of land, which has endless potential. Property potentially qualifies for SB9 ordinance, which means that multiple homes/units/ADUs could be built on this lot. As well as the capacity to possibly split the lot into multiple lots, and build multiple homes or units on each of the new lots. Buyer to verify with the city/count for more info. Certainly worth a look for anyone looking to build and flip, or anyone looking for a large lot in general.

    Zillow last checked: 7 hours ago

    Listing updated: November 08, 2023 at 03:08am

    Listed by:

    Marielle Epstein DRE #01736557 818-963-3399,

    1st Point Realty

    Bought with:

    Louis Perez, DRE #01218758

    Tradewind Realty

    Source: SDMLS,MLS#: 23-262437MLS LogoOriginating MLS: Out of Area Board

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Fireplace, Forced Air Unit
    Cooling
    • Wall/Window
    Appliances
    • Included: Dishwasher, Microwave, Range/Oven, Free Standing Range, Gas Cooking, Water Heater Central
    Features
    • Bathtub, Shower, Unfurnished
    • Flooring: Laminate
    • Number of fireplaces: 1
    • Fireplace features: FP in Living Room
    • Common walls with other units/homes: Detached
    Interior area
    • Total structure area: 760
    • Total interior livable area: 760 sqft

    Property

    Features
    • Levels: 1 Story
    • Patio & porch: Covered, Porch - Front
    • Pool features: N/K
    • Spa features: N/K
    • Fencing: Chain Link
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 0.53 Acres
    Details
    • Parcel number: 6310140275
    • Zoning: RM-3.11
    • Zoning description: RM-3.11
    • Special conditions: Court Approval Required

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • Year built: 1955

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Security
    • Security features: Smoke Detector, Carbon Monoxide Detectors
    Location
    • Region: Simi Valley

    Other

    Other facts
    • Listing terms: Conventional,FHA,Cash To New Loan
    Services availability
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    Estimated market value

    $772,700