ActiveResidential · sale

1618 Heywood Street E

Simi Valley, CA 93065

$619,000

  • 2 beds
  • 3 baths
  • 1,463 sq ft
  • 0.03 acres
  • Built 2012

Listed by Pinnacle Estate Properties, Inc. · MLS #226003384

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1618 Heywood Street E, Simi Valley, CA 93065 · MLS #226003384

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

A private gated front patio welcomes you inside, where the living room, dining area, and kitchen flow together in an open, comfortable layout designed for both everyday living and entertaining.

Year built

Built in 2012.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Some townhomes feel surrounded by neighboring buildings. This beautifully maintained townhome in Waterstone offers a different experience. Positioned along the southern perimeter of the community overlooking the Arroyo Simi Greenway, the home enjoys an open outlook, abundant natural light, and a thoughtfully designed floor plan that creates a greater sense of space than is often found in attached-home living. Built in 2012, the residence offers approximately 1,463 square feet with 2 bedrooms, 2.5 bathrooms, a versatile loft, and an attached two-car garage with direct access. A private gated front patio welcomes you inside, where the living room, dining area, and kitchen flow together in an open, comfortable layout designed for both everyday living and entertaining. Large-format tile flooring, recessed lighting, smooth ceilings, dual-pane windows, and fresh interior paint enhance the bright, inviting atmosphere throughout the main living areas. The kitchen combines style and functionality with granite countertops, a half backsplash, light wood cabinetry, a breakfast bar, pantry storage, and stainless-steel appliances, including a gas range, built-in microwave, dishwasher, and the included refrigerator. Upstairs, the open loft with a built-in desk provides flexible space for a home office, study area, reading nook, or hobby room. The spacious primary suite overlooks the Greenway and features a walk-in closet and an en-suite bathroom with dual vanities, a soaking tub, separate glass-enclosed shower, linen storage, and a private water closet. A generously sized secondary bedroom and full hall bathroom complete the upper level, while a dedicated first-floor laundry room adds everyday convenience. Fresh interior paint, recently installed upstairs carpet and Levolor(r) window blinds, and select newer lighting and plumbing fixtures contribute to the home's clean, move-in ready condition. Waterstone is a West Simi Valley townhome community featuring French Country-inspired architecture, HOA-maintained landscaped common areas, a playground, picnic and barbecue area, and guest parking. HOA dues include trash service, master building insurance, landscape maintenance, and water for common area irrigation. Conveniently located near Rancho Simi Community Park, shopping, restaurants, schools, and Highway 118, the community offers both everyday convenience and nearby recreation. It's the kind of home where the details work together--from the open Greenway outlook and abundant natural light to the flexible floor plan and thoughtfully refreshed interior--to create a place that feels comfortable from the moment you arrive.

THE NEIGHBORHOOD

Explore the location.

1618 Heywood Street E, Simi Valley, CA 93065

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2012
Full baths
2
Half baths
1
Garage spaces
2
Cooling
CentralAir
Heating
ForcedAir,NaturalGas
Appliances
GasCooking,Disposal,Microwave,Refrigerator
Flooring
Carpet
Fencing
WroughtIron
Pool
No
Spa
No
Zoning
R
Parcel
6320400515
HOA
Waterstone HOA
HOA amenities
CallForRules,MaintenanceGrounds,Insurance,Barbecue,Playground,PetRestrictions
HOA fee frequency
Monthly
HOA fee
$280.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,579.17
Cap rate

Annual operating income:

HOA: Includes $280.00 per month in HOA dues, converted from the $280.00 monthly fee reported by the listing source.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #226003384 · California Regional MLS

Listing brokerage: Pinnacle Estate Properties, Inc.
Listing agent: Alex Gandel

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.