**Investor Special in Highly Desirable Sinaloa Villas!** Incredible opportunity to own a **2 bedroom, 2 bathroom, first floor corner condominium** with **1,074 square feet**, built in **1980**, in one of West Simi Valley's most sought after communities. Priced approximately **$100,000 below comparable renovated units**, this property offers tremendous upside for investors, contractors, flippers, or buyers ready to build instant equity with a full renovation. The home requires significant repairs, updating, and cleaning throughout and is being sold **AS IS**, making it the perfect blank canvas to create your own vision. The spacious floor plan features a large living room, dining area, generous kitchen, two oversized bedrooms, including a primary suite with a walk-in closet and private bath, abundant storage, indoor laundry hookups, assigned covered parking with overhead storage, and a **private side patio overlooking the tennis courts and pool**, offering a peaceful setting rarely found in the community. While the interior needs extensive TLC, the exterior and community are exceptionally well-maintained. Sinaloa Villas is known for its mature trees, lush landscaping, park-like grounds, and resort-style amenities, including a sparkling pool, two spas, lighted tennis courts, clubhouse, recreation room, BBQ and picnic areas, walking paths, and ample guest parking. The **$615 monthly HOA** includes water, trash, hot water, exterior maintenance, beautifully maintained grounds, earthquake insurance, and flood insurance, providing outstanding value. Ideally located near shopping, restaurants, parks, schools, houses of worship, and convenient freeway access, this home combines an unbeatable location with incredible potential. The property is currently in **default**, creating a rare opportunity for a quick sale. **Cash offers are strongly preferred** due to the condition. Opportunities to purchase in Sinaloa Villas at this price point are extremely rare. Roll up your sleeves, bring your imagination, and transform this diamond in the rough into a beautiful home while gaining substantial equity from day one.
