1041 Balsamo Avenue, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 3 bath
1041 Balsamo Avenue
Simi Valley, California 93065
Property Price
SUMMARY
Analysis of 1041 Balsamo Avenue, Simi Valley, California 93065 reveals a Fairly Priced Property with a current list price of $1,165,000 aligned with the estimated $1,165,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Simi Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1041 Balsamo Avenue Subject | $1,165,000* List Price | 4 | 3 | 2,445 | $476 | - |
A 952 Ettin Avenue Sold | $1,000,000 | 4 | 2 | 2,008 | $498 | 0.2 mi |
B 1106 Catlin Court Sold | $825,000 | 4 | 2 | 1,959 | $421 | 0.4 mi |
C 1524 Casarin Avenue Sold | $820,000 | 4 | 3 | 1,686 | $486 | 0.9 mi |
D 761 Lyons Court Sold | $849,000 | 3 | 2 | 1,890 | $449 | 0.4 mi |
E 793 Bennett Street Sold | $945,000 | 4 | 2 | 1,826 | $518 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1965, this home has undergone significant recent renovations, making it largely move-in ready. The kitchen features modern stainless steel appliances, granite countertops, and a contemporary mosaic backsplash. Much of the home boasts newer grey-toned laminate flooring. One bathroom is fully updated with modern vessel sinks and granite, while the other two are functional but show dated elements like gold-framed shower enclosures and tile countertops. The exterior is freshly painted, and the pool has been re-plastered. While not every component is brand new, the extensive updates ensure a comfortable and stylish living experience without immediate major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Extensively Updated & Move-in Ready
The home boasts beautiful updates throughout, including a modernized kitchen with modern finishes and stainless steel appliances, and updated bathrooms, ensuring a move-in ready experience for buyers.
- Desirable Family-Friendly Location
Nestled in a quiet, well-established, and family-friendly neighborhood, the property offers proximity to top-rated schools (Elementary, Middle, High all rated 5 or 6 and within 0.8 miles), parks, shopping, and dining.
- Private Backyard Oasis with Pool
The backyard features a freshly re-plastered swimming pool, creating a true retreat ideal for relaxation and entertaining, especially appealing for California's sunny climate.
CONSRISKS & DEFICIENCIES
- Lack of Mentioned Cooling System
The property description does not explicitly mention a cooling system (e.g., central air conditioning), which could be a significant drawback during Simi Valley's hot summer months.
- Older Construction (1965)
Despite recent updates, the home was built in 1965, which may imply older underlying infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or may not be as energy-efficient as newer constructions.
- Recent Price Adjustment
The property has undergone a recent price reduction from $1,180,000 to $1,165,000, which might suggest initial overpricing or market resistance, potentially impacting buyer perception or negotiation strategy.
About 1041 Balsamo Avenue
Welcome to this beautifully updated 4-bedroom, 3-bathroom tri-level home nestled in one of Simi Valley's most desirable and family-friendly neighborhoods. Offering a perfect blend of comfort, style, and functionality, this spacious home is ideal for both relaxing and entertaining.Step inside to find a bright and inviting floor plan featuring an updated kitchen with modern finishes, stainless steel appliances, and plenty of cabinet space. The living and dining areas create a warm atmosphere, enhanced by abundant natural light and tasteful upgrades throughout.Upstairs, you'll find 3 generous bedrooms, including a comfortable primary suite with a private bathroom. Downstairs offers a versatile family room and an additional bedroom and bath -- perfect for guests, a home office, or a playroom.The backyard is a true retreat, featuring a freshly re-plastered swimming pool, ideal for enjoying California's sunny days. The freshly painted exterior and no ugly power lines adds to the home's charming curb appeal, while the updated bathrooms and modernized kitchen ensure move-in readiness.Located on a quiet street in a well-established community, this home is close to top-rated schools, parks, shopping, and dining -- offering both convenience and tranquility.Highlights: 4 spacious bedrooms, 3 updated bathrooms Tri-level layout with multiple living areas Updated kitchen with modern finishes Freshly painted exterior Re-plastered sparkling pool Quiet, family-friendly neighborhoodDon't miss the opportunity to make this beautiful Simi Valley home your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Simi Valley Unified Schools
Madera Elementary School
Grades K-6 • 0.7 mi
Sinaloa Middle School
Grades 6-8 • 0.5 mi
Royal High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,445 | 1,837.5 | 73% |
| Lot Size | 8,712 | 6,969 | 69% |
| Price | $1.17M | $850.0K | 79% |
| Price per sq ft | $476 | $476 | 50% |
| Built year | 1965 | 1974 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 117 | 178 | 20% |
Pricing History
Listed for Sale
Jan 20, 2026
$1,165,000
$1,180,000
-1% Price Drop
Initial Listing
Price Change
Nov 10, 2025
$1,180,000
Initial Listing
Sold
Apr 20, 2005
$670,000
Public Record
Sold
Jan 15, 2004
$570,000
Public Record