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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

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Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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1534 Wallace — Simi Valley — 3 Beds • 2 Baths • 1,226 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+41 more

$759,000

3 DOM

$619/sqft3 bd2 ba1,226 sqft

Call

1534 Wallace Simi Valley, CA 93065

7,840sqft lot

Welcome to this recently updated home on a nearly 8,000 sqft lot in the heart of Central Simi Valley, offering comfort, versatility, and exciting future potential. Nestled in a quiet neighborhood, this light-filled residence has been thoughtfully refreshed with numerous upgrades, including brand-new luxury vinyl plank flooring, a new furnace and thermostat, fresh interior paint and front exterior paint, a new water heater, new lighting fixtures, and a new roof installed in 2023. Charming character details can be found throughout the home, including multiple skylights, stained glass windows, and a cozy eat-in kitchen. Two bedrooms were combined to create an expansive and unique flex space featuring two bay windows with window seats, a cozy fireplace, and a wet bar. This oversized room offers endless possibilities and can easily function as a primary suite, home office, den, media room, game room, or creative studio.The primary suite and secondary bedroom both feature French doors leading to the backyard, creating a seamless indoor-outdoor flow. Step outside to a large patio and generous pool-size backyard with beautiful mountain views, perfect for relaxing, entertaining, or hosting summer BBQs. A charming she-shed or man cave provides additional flexibility and is ideal for a workshop, gym, studio, hobby room, or private retreat. The spacious yard also offers excellent ADU potential (buyer to verify) Conveniently located near shopping, dining, parks, schools, and everyday amenities, this move-in ready home presents an exceptional opportunity in one of Central Simi Valley’s most desirable locations. ***Virtual staging and remodel concepts shown in photos***

MLS SR26076467

805-222-6000 (Office) 818-445-2200 (Cell) vicky@davisbartels.com

Est. payment

$4,850/mo

Principal & interestTaxesInsurance

$3,838$791$221

Down %

Rate %

Years

Down payment: $151,800 · Total cost: $1,533,450

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$4,850/mo

Principal & interest: $3,838
Est. property tax: $791
Est. insurance: $221
Down payment: $151,800

Est. gross rent$3,163/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,687/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.