Wonderful opportunity for a senior (55 years or above) to purchase a single story home in the quiet Paseo de las Flores community at a significantly below market value. This home is designed to accommodate seniors, with no steps into the home either from the front door entrance or from the attached two car garage. Private low maintenance backyard with stamped concrete, raised planters, and a lattice patio cover. Only a single wall attachment to the unit next door. This home is perfect for seniors who want to downsize from a larger home. The 36-unit complex contains a large sparkling pool, an adjoining spa, two community meeting rooms (one has a full kitchen), and plenty of onsite guest parking plus additional street parking on Stearns St. A neighborhood shopping center, including a supermarket and restaurants, is located nearby. The City of Simi Valley will provide the buyer with a $50,000 zero interest loan (the loan is required by the City). This home is deed restricted for sale only to low-income seniors until the first sale after 2058.
Property Details
Price:
$356,597
MLS #:
225003670
Status:
Active Under Contract
Beds:
2
Baths:
2
Address:
5198 Pine Rose Court 12
Type:
Condo
Subtype:
Condominium
Subdivision:
Paseo de Flores-505 – 1005142
Neighborhood:
sveeastsimi
City:
Simi Valley
Listed Date:
Jul 20, 2025
State:
CA
Finished Sq Ft:
1,224
ZIP:
93063
Lot Size:
1,224 sqft / 0.03 acres (approx)
Year Built:
2007
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Schools
School District:
Simi Valley Unified
Interior
Appliances
Dishwasher, Disposal, Gas Cooking, Microwave
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet
Heating
Natural Gas, Forced Air
Laundry Features
Gas & Electric Dryer Hookup, In Closet
Exterior
Architectural Style
Spanish
Association Amenities
Meeting Room, Insurance
Community
55+
Community Features
Curbs
Construction Materials
Stucco
Parking Features
Direct Garage Access, Garage – Single Door, Garage
Parking Spots
2.00
Financial
HOA Name
Paseo de las Flores
Map
Community
- Address5198 Pine Rose Court 12 Simi Valley CA
- AreaSVE – East Simi
- SubdivisionPaseo de Flores-505 – 1005142
- CitySimi Valley
- CountyVentura
- Zip Code93063
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5198 Pine Rose Court 12
Simi Valley, CA
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