1009 Inman Circle, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 2 bath
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1009 Inman Circle
Simi Valley, California 93065
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,058Sq Ft
10,018Lot Size
Property Price
LIST PRICE$715,000
EST. MARKET VALUE
$740,000
3% BelowMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $740,000—positioned well below the $788,656 Fair Market Value by 6%. This valuation gap offers $48,656 in Instant Equity for the buyer. Featuring a 2023 kitchen remodel, central A/C, and a 10,000+ sq. ft. lot with ADU potential, the home maintains a Condition Rating of 2. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modernized home with significant expansion potential.
Estimated Market Value
$740,000+$25,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1009 Inman Circle Subject 3 bd · 2 ba · 1,058 sqft · $699 | $715,000* List Price | 3 | 2 | 1,058 | $699 | - |
A 1548 Wallace Street Sold 3 bd · 2 ba · 1,058 sqft · $723 · 0.1 mi | $765,000 | 3 | 2 | 1,058 | $723 | 0.1 mi |
B 1763 Kearney Sold 4 bd · 2 ba · 1,226 sqft · $636 · 0.5 mi | $780,000 | 4 | 2 | 1,226 | $636 | 0.5 mi |
C 1070 Dennis Avenue Sold 4 bd · 2 ba · 1,200 sqft · $638 · 0.8 mi | $765,000 | 4 | 2 | 1,200 | $638 | 0.8 mi |
D 1507 Buster Street Sold 4 bd · 2 ba · 1,200 sqft · $629 · 1.0 mi | $755,000 | 4 | 2 | 1,200 | $629 | 1.0 mi |
E 1232 Whitcomb Avenue Sold 4 bd · 2 ba · 1,338 sqft · $583 · 0.9 mi | $780,000 | 4 | 2 | 1,338 | $583 | 0.9 mi |
F 2089 Abraham Street Sold 3 bd · 2 ba · 1,205 sqft · $627 · 1.0 mi | $755,000 | 3 | 2 | 1,205 | $627 | 1.0 mi |
G 1147 Brandon Avenue Sold 3 bd · 1 ba · 975 sqft · $728 · 0.9 mi | $710,000 | 3 | 1 | 975 | $728 | 0.9 mi |
H 1634 Arcane Street Active Under Contract 4 bd · 2 ba · 1,248 sqft · $625 · 0.2 mi | $779,900 List Price | 4 | 2 | 1,248 | $625 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a significant renovation including a brand-new kitchen in 2023, newer dual-pane windows, and central A/C. The interior features modern wide-plank flooring and updated finishes throughout, meeting the criteria for a high-quality renovation completed within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10018, living area = 1058.
- Expansive Lot & Expansion Potential
The property features a generous 10,000+ sq. ft. lot and an attached rear unit, providing exceptional opportunities for an ADU, multi-generational living, or future square footage expansion.
- Modernized Key Components
With a kitchen remodeled in 2023, newer dual-pane windows, and central A/C, the home offers essential modern comforts and reduced immediate maintenance needs for the buyer.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At 1,058 sq. ft. for a three-bedroom layout with only 1.5 bathrooms, the living space may feel restrictive for growing families or those desiring a primary suite with a full bath.
- Lower Elementary School Rating
The assigned elementary school has a lower rating (3/10), which could be a drawback for education-focused buyers and may impact long-term appreciation compared to higher-rated districts.
About 1009 Inman Circle
PRICE IMPROVEMENT! Welcome to this charming 1,058 sq. ft., 3 bedroom, 1.5 bath home, ideally situated on a quiet cul-de-sac away from busy main streets, offering a peaceful setting with minimal through traffic. Just minutes from Lincoln Park, this home enjoys convenient access to one of the area's most popular destinations for recreation, sports, and outdoor activities. Set on an expansive 10,000+ sq. ft. lot, the property offers endless possibilities for outdoor living, future expansion, or creating your dream backyard. Inside, you'll find newer dual-pane windows, a kitchen remodeled in 2023, and a comfortable living space kept cool by central A/C. The sellers have added a spacious backyard patio, a walkway, and a large storage shed, making the outdoor space both functional and inviting. An attached rear unit presents an exciting opportunity for additional living space, guest quarters, or multi-generational living if a kitchen is added and all necessary permits are obtained. Combining a desirable location, thoughtful updates, and incredible potential, this is a wonderful opportunity to make this home your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 10,018 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Simi Valley Unified Schools
Berylwood Elementary School
Grades K-6 • 1.1 mi
3/10
Hillside Middle School
Grades 6-8 • 0.8 mi
5/10
Sinaloa Middle School
Grades 6-8 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,058 | 1,764.918 |
| Lot Size | 10,018 | 7,506.335 |
| Price | $715.0K | $856.9K |
| Price per sq ft | $676 | $487 |
| Built year | 1962 | 1970 |
| HOA | $0 | $164 |
| Days on market | 43 | 50 |
Pricing History
Listed for Sale
Oct 2, 2026
$715,000
$740,000
-3% Price Drop
Initial Listing
Price Change
Sep 11, 2026
$740,000
Initial Listing
Sold
Jul 3, 2019
$455,000
Public Record