
Simi Valley, California 93065
This Single Family Residence represents a Strong Value Opportunity, listed at $695,000—positioned well below the $707,647 Fair Market Value by 1.79%. This valuation gap offers $12,647 in Instant Equity for the buyer. With a Condition Rating of 4, the home features recent cosmetic upgrades like luxury vinyl flooring, while offering room for kitchen modernization. The expansive 7,405 sqft lot provides rare RV/boat parking, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into the Simi Valley Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1404 4th Street Subject | $695,000* List Price | 4 | 2 | 1,200 | $590 | - |
A 938 Ventura Avenue Sold | $673,000 | 3 | 2 | 1,170 | $575 | 0.2 mi |
B 1528 Bodie Sold | $780,000 | 4 | 2 | 1,248 | $625 | 0.8 mi |
C 1271 Alexander Street Sold | $700,000 | 3 | 2 | 1,227 | $570 | 0.9 mi |
D 1634 Arcane Street Sold | $630,000 | 4 | 2 | 1,248 | $505 | 0.9 mi |
E 1240 Graham Street Sold | $755,000 | 4 | 2 | 1,226 | $616 | 0.9 mi |
F 1030 Ventura Avenue Sold | $755,000 | 3 | 2 | 1,416 | $533 | 0.2 mi |
G 1507 Buster Street Pending | $745,000 List Price | 4 | 2 | 1,200 | $621 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this home has received recent cosmetic updates including new luxury vinyl flooring and fresh interior/exterior paint. However, the kitchen and bathrooms remain dated with original painted cabinetry and tile countertops, and the presence of popcorn ceilings and wall heaters indicates that core systems and aesthetics are over 20 years old and require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1200.
Priced under $700,000 for a four-bedroom residence, this property offers an exceptional entry point into the Simi Valley market for first-time homebuyers.
The home features fresh interior and exterior paint along with new luxury vinyl flooring, providing a clean and modern aesthetic that allows for immediate occupancy.
With 1,200 square feet distributed across four bedrooms, the individual room sizes and common living areas may feel small or cramped for larger families.
Although functional and featuring a new gas cooktop, the kitchen is identified as a space that may require further modernization to meet current market standards.
Get your foot in the door with this charming 4 bedroom starter home priced just right. The home is beautifully painted and restored on the outside. Inside, the home is also freshly painted, clean and functional. The flooring is luxury vinyl for easy maintenance and handling the throws of life. As you walk in the front door, you will notice the high vaulted ceiling and floor to ceiling fireplace. There is a dining area off of the living area which is connected to the kitchen which can be used as it or updated to your liking; the 5 burner gas cooktop is brand new. This desirable layout features two bedrooms on one side of the home with a full bath, shower combo and two more bedrooms on the other side of the house also with a full bath with shower stall. Your laundry area is conveniently located inside. One of the bedrooms has a sliding door which makes it great for an office or keep it as a bedroom. There is a two car garage with a separate door accessible from the side of the house that has plenty of space for an RV, boat, or extra parking. This price in this neighborhood will not last long, write an offer today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,200 | 1,657 |
| Lot Size | 7,405 | 7,405 |
| Price | $695.0K | $871.1K |
| Price per sq ft | $579 | $503 |
| Built year | 1958 | 1965 |
| HOA | $0 | $130 |
| Days on market | 6 | 53 |
Jul 14, 2026
$695,000
Initial Listing