Someone mentioned Simi Valley. Next door, and with a Metrolink/Amtrak stop is Moorpark. There are nice, gated and ungated communities in both, where you can buy newer (under 10 years old), larger (over 2200 sf) houses for well under $700K, even under $600K. The schools are highly rated, and the areas are fairly family friendly.
The only thing I don’t like about Simi and Moorpark is the heat. But I don’t think they are any hotter than Woodland Hills. I prefer Thousand Oaks, closer to the 101 freeway, a lot cooler, and just south of Simi/Moorpark, but the commuting options from there are really bad.