
Simi Valley, California 93065
This property presents a High-Potential Investment Opportunity with a List Price of $299,900—positioned well below the $292,256 Fair Market Value by -2%. While the property requires a full interior rehabilitation due to its Condition Rating of 5, the inclusion of new kitchen cabinets and appliances provides a significant head start. Located in the popular Le Parc community, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a value-add project with immediate access to local amenities and commuter routes.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1175 Tivoli 73 Subject | $299,900* List Price | 1 | 1 | 733 | $399 | - |
A 1766 Sinaloa Road 282 Sold | $325,000 | 1 | 1 | 770 | $422 | 1.0 mi |
B 2506 Chandler Avenue 255 Active | $339,000 List Price | 1 | 1 | 733 | $462 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 and currently in a gutted state, this property is a true fixer-upper that does not meet habitability standards for conventional financing. The kitchen and bathroom are disassembled, and the interior requires a full rehab despite the inclusion of uninstalled new appliances and cabinets.
Priced nearly $125,000 below its 2022 sale price, this property offers a substantial margin for investors or contractors to build equity through a strategic renovation.
The inclusion of brand-new, uninstalled kitchen cabinets and appliances provides a significant financial head start and reduces the immediate out-of-pocket costs for the remodel.
Situated in the popular Le Parc community, the unit benefits from proximity to the community pool and easy access to local shopping, dining, and major commuter routes.
Due to its current distressed state, the property will not qualify for conventional financing, effectively limiting the buyer pool to cash or hard-money investors.
Described as a true fixer-upper with a disassembled interior, the project requires significant labor, project management, and a complete overhaul to reach its full market value.
Attention investors, contractors, and cash buyers! Here's an incredible opportunity to add value in the desirable Le Parc community of Simi Valley. This lower-level 1-bedroom, 1-bathroom condo with 733 square feet and is a true fixer-upper with tremendous upside potential. Whether you're looking for your next investment, renovation project, or a chance to build equity, this property is full of possibilities. One of the biggest advantages? The kitchen cabinets and appliances were purchased new prior to disassembly for repairs, and are included with the purchase, giving you a great head start on the remodel. Conveniently located near the community pool and just minutes from shopping, dining, parks, and commuter access, Le Parc continues to be one of Simi Valley's most popular condominium communities. Property is not expected to qualify for conventional financing due to condition. Cash offers are strongly encouraged. If you've been searching for a Simi Valley investment property, contractor special, or fixer-upper with excellent upside potential, this is an opportunity you won't want to miss. Bring your vision, your toolbox, and your imagination.. this one is ready for its next chapter.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 733 | 1,074 |
| Lot Size | 733 | 1,074 |
| Price | $299.9K | $490.4K |
| Price per sq ft | $409 | $454 |
| Built year | 1985 | 1985 |
| HOA | $472.0 | $413 |
| Days on market | 8 | 70 |
Jul 14, 2026
$299,900
Initial Listing
Apr 22, 2022
$425,000
Public Record
Aug 16, 2016
$267,000
Public Record
May 28, 2014
$221,000
Public Record
Dec 15, 2008
$165,000
Public Record
May 10, 2005
$265,000
Public Record
Jun 28, 2004
$243,000
Public Record
Feb 23, 2001
$125,000
Public Record