1387 Cherry, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 2 bath

1387 Cherry, Simi Valley, California 93065 home-pic-0

1387 Cherry

Simi Valley, California 93065

ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,304Sq Ft
6,098Lot Size

Property Price

LIST PRICE$767,000
EST. MARKET VALUE
$702,339
9% AboveMARKET VALUE

SUMMARY

Analysis of 1387 Cherry, Simi Valley, California 93065 reveals a property with a current list price of $767,000, which is 9% above the estimated $702,339 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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

$702,339
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1387 Cherry
Subject
$767,000*
List Price
421,304$539-
A
469 Aristotle Street
Sold
$770,000431,725$4460.3 mi
B
1030 Ventura Avenue
Sold
$755,000321,416$5330.9 mi
C
1305 Agnew Street
Active Under Contract
$750,000
List Price
421,227$6110.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1964, the property is well-maintained with significant infrastructure updates including a replaced main sewer line, newer HVAC, and a roof in good condition. While move-in ready and featuring good curb appeal, the interior retains a traditional 1960s layout with a modest 3/4 master bath and lacks a recent comprehensive modern renovation, placing it in the fair category for its age and style.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location & Community

    Situated on a highly sought-after street with an extra-wide feel and high pride of ownership, the property is conveniently located directly across from a top-rated Pre-K through 12th-grade school with no HOA or Mello Roos taxes.

  • Major Infrastructure Upgrades

    The home features a replaced main sewer line, a newer HVAC system, and a roof in excellent condition, providing significant long-term value and reducing immediate maintenance concerns for the buyer.

  • Enhanced Outdoor Living & Utility

    The property boasts excellent curb appeal with dedicated driveway space for boat parking, a large covered flagstone patio, and a private backyard fully enclosed by block walls and new vinyl fencing.

CONSRISKS & DEFICIENCIES

  • Compact Interior Layout

    With four bedrooms distributed across 1,304 square feet, the individual room sizes and common living areas may feel somewhat constrained compared to more modern residential standards.

  • Modest Master Suite

    The master bedroom features a three-quarter bath with a stand-alone shower rather than a full bathroom, which may be a drawback for buyers seeking a more spacious primary suite.

About 1387 Cherry

Located in the heart of Simi Valley Central on one of the most sought after streets in Simi Valley. Cherry Ave just feels special because of its extra wide feel and has great pride of ownership feel as many of the homes have been remodeled up and down the street! Located across the street from Grace School, one of the finest schools in all of Simi Valley from Pre K through 12th grade. This wonderful single family home has great curb appeal with its light, bright colors and even has enough driveway space for boat parking. The sellers replaced the main sewer line already saving the new buyer any headaches in the future. The roof is in great shape and the HVAC system was redone in the past so its not the original unit. The home has a traditional floorplan with four bedrooms, one full hall bath and a master bedroom with a three quarter bath with a stand alone shower. A large open family dining area is right next to the open kitchen and adjacent to the large open living room with French doors leading to the back yard. Open the French doors leading onto a large covered patio and pretty flagstone patio slab. New white vinyl side yard fence and block walls around the entire property. Cozy backyard with dual patio covers plus a large shade tree and a grapefruit tree. Located in the West Valley, Sycamore Royal area close to terrific schools, Parks, shopping and dining. Great community with no HOA or Mello Roos taxes.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1964
Lot Size
6,098 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths2.03.0
49%
Square foot1,3041,828.5
19%
Lot Size6,0986,969
32%
Price$767.0K$850.0K
29%
Price per sq ft$588$476
84%
Built year19641974
31%
HOA$0$0
50%
Days on market10178
0%

Pricing History

Listed for Sale

Feb 25, 2026

$767,000

Initial Listing

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