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.
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
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#: 23-262437
Originating 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