
Simi Valley, California 93065
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $675,000—positioned well below the $685,796 Fair Market Value by 1.57%. This valuation gap offers $10,796 in Instant Equity. Featuring a Condition Rating of 4, the property requires modernization but offers significant upside via its 7,405 sqft corner lot. With four bedrooms and a private patio, it is an ideal project for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1433 Graham Subject | $675,000* List Price | 4 | 2 | 1,226 | $560 | - |
A 1441 Ahart Street Sold | $725,000 | 4 | 2 | 1,227 | $591 | 0.2 mi |
B 1720 Anderson Street Sold | $705,721 | 4 | 2 | 1,227 | $575 | 0.3 mi |
C 1240 Graham Street Sold | $755,000 | 4 | 2 | 1,226 | $616 | 0.3 mi |
D 1271 Alexander Street Sold | $700,000 | 3 | 2 | 1,227 | $570 | 0.2 mi |
E 1305 Agnew Street Sold | $751,750 | 4 | 2 | 1,227 | $613 | 0.3 mi |
F 1507 Buster Street Sold | $755,000 | 4 | 2 | 1,200 | $629 | 0.9 mi |
G 938 Ventura Avenue Sold | $673,000 | 3 | 2 | 1,170 | $575 | 0.8 mi |
H 1418 Agnew Active | $765,000 List Price | 4 | 3 | 1,226 | $624 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this 60+ year old home is dated and primarily offers land value and 'potential.' While it features minor cosmetic updates like fresh paint and recessed lighting, the bathroom and systems appear aged, and the unfinished backyard and interior require significant modernization to meet current standards.
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 = 1226.
The property sits on a large 7,405 sqft corner lot, offering exceptional privacy and significant potential for value-add projects such as an ADU, pool, or home expansion.
The interior features fresh paint and modern recessed lighting throughout, providing a bright and clean aesthetic that allows for immediate move-in while the owner plans further customizations.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 1.5-bathroom configuration for a four-bedroom home is below modern standards and may present logistical challenges for larger households.
Originally built in 1961, the property likely requires updates to its core systems and further modernization beyond cosmetic paint to meet contemporary efficiency standards.
Welcome to a home full of possibilities! Situated on a large, sprawling corner lot, this light and bright 4-bedroom, 1.5-bathroom home offers an incredible opportunity for its next owner. Filled with natural light throughout, the home has been freshly painted and features recessed lighting, a two-car garage, and a functional floor plan ready for your personal touch. The expansive and private backyard is where this property truly shines. With an abundance of space and endless possibilities, there is plenty of room to create the outdoor setting you’ve always envisioned. Whether you dream of building a pool, adding an ADU, creating an incredible entertaining space, expanding the home, or designing your own private backyard oasis, the possibilities are endless. With its spacious corner-lot setting, privacy, natural light, and incredible potential, this home is a rare opportunity to create something truly special. Bring your vision and make this property your own! *Buyer to verify all potential additions, ADU, pool, expansion, and development possibilities with the appropriate authorities.*
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.8 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 | 7,405 | 7,383.872 |
| Price | $675.0K | $868.9K |
| Price per sq ft | $551 | $499 |
| Built year | 1961 | 1970 |
| HOA | $0 | $160 |
| Days on market | 41 | 50 |
Jul 30, 2026
$675,000
Initial Listing
Jun 26, 2003
$320,000
Public Record
May 22, 1995
$147,000
Public Record