2178 May Ct Simi Valley, CA 93063

3 beds · 2 baths · 1,428 sq ft · Lot Size: 7,840 sq ft · Single Family Home · East Simi Valley
Est. Property Value: $639,418

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2178 May Ct is in the East Simi Valley neighborhood of Simi Valley, CA. It is located in Ventura County and ZIP code 93063. This Single Family Home was built in 1965 and is approximately 60 years old. The single family home spans 1428 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7840 sq ft lot. According to public records, it has a tax-assessed value of $609,120, which is $448 per sq ft. The East Simi Valley area of Simi Valley has 5 residential homes with an average size of 1446 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2178 May Ct Simi Valley, CA 93063 with Property Intel by Whitepages.

Owners & Occupancy for 2178 May Ct

No contact information is available.

Occupancy

Resident 1**************** age 47
Resident 2************ age 41
Resident 3****************** age 69
Resident 4**************** age 69
Resident 5******************* age 69

Property Financials for 2178 May Ct

2178 May Ct, Simi Valley, CA has no known mortgage. The Ventura county assessment for 2024 values it at $609,120, with annual taxes of $2,690.

Property Tax

Property Tax Amount$2,690 in 2024
Assessed Value$609,120 on 2024

Investment Potential for 2178 May Ct

The property has a current estimated value of $639,418, which is 3% below the neighborhood median. Projected long-term rental income is $46,200 annually ($3,850 per month) with a 97% occupancy rate.

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Long-Term

Gross Rental
$46,200 per year($3,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
97%in 93063 zip code
 
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Property Details for 2178 May Ct

Property Details

Property Sq Ft

Living Area

1,428 sq ft

1% below market

Lot Size

7,840 sq ft

12% above market

Price Per Sq Ft

Living Area

$448 / sq ft

14% above market

Lot Size Area

$82 / sq ft

16% below market

Property condition, age, exterior, etc. for 2178 May C…
Longitude: -118.663204 Latitude: 34.27452 Parcel Number (APN): 650-0-041-105…

Recommended Properties in East Simi Valley

Discover more single family homes near 2178 May Ct in Simi Valley, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2178 May Ct in Ventura County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$639,418
$639,752
-$334 (0%)
$755,046
-$82,282 (-11%)
YoY Price Change
1.38%
-223%
Year Built
1965
1971
-6 years
Living Space
1,428 sq ft
1,519 sq ft
-91 (-6%)
$ Per Living Sq Ft
$448
$420
$27 (7%)
Lot Size
7,840 sq ft
7,020 sq ft
820 (12%)
$ Per Lot Sq Ft
$82
$88
-$7 (-8%)

Net Operating Income
$26,724
$5,958 (22%)
Annual Revenue
$46,200
$44,400
$1,800 (4%)
$14,609
-$1,091 (-7%)
Net Operating Income
$26,724
$5,958 (22%)
Cap Rate
4.21%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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