5179 Pine Rose Court 10, Simi Valley, CA 93063
List Price: $502K
Listing Status: Active
0Days on Market: 0
3 Bedrooms · 2 Bathrooms · 1,752 sq ft
Property Type: Residential
Year Built: 2007
Lot Size: 1,752 sq ft
Garage Spaces: 2
Private Pool: Yes
HOA Fee: $548/Monthly
MLS Number: 226003555
About This Property
This is an opportunity to purchase a City of Simi Valley deed restricted property in the 36-unit Paseo de las Flores senior community (55 years & above). This is one of the largest floorplans in the community with one downstairs bedroom, offering dual closets and attached bathroom with a step in shower. Two large bedrooms, both with walk in closets plus a large shared bathroom are located upstairs. Upgrades include wood-look floors throughout (except for a carpeted stairway) and crown molding in the living and dining rooms. The spacious kitchen includes granite countertops, stainless steel appliances, upper cabinet doors with leaded glass insterts, and two pantries. An extra level of safety is provided by a security screened front door. Entry into the home through both the front door and garage provide access with no steps. A spacious two-car attached garage provides direct access into the home. This 36-unit complex includes a large gated pool and spa area. Two community rooms, one with a full kitchen, are available for residents to use.The City deed restrictions currently limit the maximum sales price, but also provides a $150,000 zero interest City loan that requires no monthly payment. The City loan has the effect of reducing the sales price by $150,000, resulting in a truly affordable option for a qualified buyer. The current annual income limit is $87,950 for a single person and $100,500 for a 2-person household.
Listing provided by: Bob Cottle DRE #00978099 (661) 568-6060 BobCottleRealEstate@gmail.com,