
Simi Valley, California 93065
This property presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned well above the $682,862 Fair Market Value by -6%. While the pricing reflects a premium, the 8,276 sqft lot and 4-bedroom layout provide a solid foundation for value-add renovations. Given the Condition Rating of 5, this asset requires significant modernization to reach its full potential. This project is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive interior and systems overhaul.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1277 Erringer Road Subject | $725,000* List Price | 4 | 2 | 1,226 | $557 | - |
A 1634 Arcane Street Sold | $630,000 | 4 | 2 | 1,248 | $505 | 0.3 mi |
B 1790 Casarin Street Sold | $731,000 | 4 | 2 | 1,226 | $596 | 0.1 mi |
C 1528 Bodie Sold | $780,000 | 4 | 2 | 1,248 | $625 | 0.5 mi |
D 1571 Kearney Avenue Sold | $630,000 | 4 | 2 | 1,248 | $505 | 0.4 mi |
E 1890 Hamilton Street Sold | $740,000 | 4 | 2 | 1,226 | $604 | 0.3 mi |
F 1608 Alviso Sold | $525,000 | 4 | 2 | 1,227 | $428 | 0.9 mi |
G 1877 Fred Avenue Sold | $780,000 | 3 | 2 | 1,465 | $532 | 1.0 mi |
H 2613 Hollister Street Sold | $710,000 | 4 | 2 | 1,638 | $433 | 0.9 mi |
I 1677 Arcane Active | $743,000 List Price | 4 | 2 | 1,248 | $595 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 (62 years old) and explicitly marketed as an investor 'project' needing 'updates and personal touches.' The interior shows dated popcorn ceilings and the exterior suggests deferred maintenance, fitting the criteria for a property over 30 years old requiring significant rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1226.
Conveniently situated in the heart of Simi Valley, the property offers excellent proximity to schools, parks, shopping, and freeway access, making it ideal for families and commuters.
The expansive 8,276 square foot lot provides significant outdoor space, offering potential for future expansions, landscaping projects, or the addition of an accessory dwelling unit (ADU).
The property is marketed as a project requiring updates and personal touches, which will necessitate a substantial additional budget for modernizing the interior and systems.
Featuring four bedrooms but only 1.5 bathrooms, the current configuration may be underserved for larger households, potentially impacting daily functionality and overall market appeal.
Welcome to this 4 bedroom, 1.5 bathroom single family home located in the heart of Simi Valley. This property offers a fantastic opportunity for buyers with a vision to make it their own. With a spacious layout and great bones, this home is ready for updates and personal touches. Whether you are an investor or a homeowner looking for a project, the potential here is endless. Conveniently situated near schools, parks, shopping and freeway access, this is a chance to create a space tailored to your style and needs. Don't miss this opportunity to bring your ideas and imagination to this Simi Valley gem.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 6-8 • 0.5 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,226 | 1,735.527 |
| Lot Size | 8,276 | 7,383.872 |
| Price | $725.0K | $868.9K |
| Price per sq ft | $591 | $499 |
| Built year | 1962 | 1970 |
| HOA | $0 | $160 |
| Days on market | 47 | 50 |
Jul 24, 2026
$725,000
Initial Listing
Jan 31, 2001
$161,000
Public Record
Aug 3, 1998
$161,000
Public Record
May 8, 1998
$113,000
Public Record