
Simi Valley, California 93065
This Value-Add Residential Asset is listed at $769,000—positioned well below the $776,785 Fair Market Value by 1%. This valuation gap offers $7,785 in Instant Equity for buyers. While the property holds a Condition Rating of 4 due to dated finishes, the expansive 10,454 Sq. Ft. Lot and Detached Structure provide significant ADU Potential. Situated near Rancho Simi Community Park and Madera Elementary, this home combines functional infrastructure like Dual-Pane Windows with high-utility land. It is ideal for Owner-Occupants or first-time buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1460 Vaquero Drive Subject | $769,000* List Price | 4 | 2 | 1,302 | $597 | - |
A 1030 Ventura Avenue Sold | $755,000 | 3 | 2 | 1,416 | $533 | 0.8 mi |
B 1430 Vaquero Drive Active Under Contract | $749,900 List Price | 3 | 2 | 1,268 | $591 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960 with renovations likely dating back 20-30 years. The kitchen features dated tile countertops and oak cabinetry, and the interior contains popcorn ceilings and older carpeting. While the home is functional and includes updated systems like central HVAC and dual-pane windows, it is aesthetically dated and requires cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1302.
The oversized 10,454 square foot cul-de-sac lot includes a detached structure and ample space, offering significant potential for an accessory dwelling unit (ADU) or a private home office.
Situated in a quiet West Simi Valley neighborhood near Rancho Simi Community Park and Mount McCoy trails, providing a perfect balance of privacy and proximity to outdoor recreation.
With four bedrooms configured within 1,302 square feet, the individual room sizes and common living areas may feel small or constrained for some buyers.
The mix of carpet and tile flooring, combined with older kitchen appliances, suggests the home may require additional investment in cosmetic updates to achieve a modern aesthetic.
This 4-bedroom, 2-bathroom single-story home in West Simi Valley offers 1,302 square feet on a 10,454 square foot cul-de-sac lot, built in 1960. The property includes a detached structure separate from the main residence, providing flexible use for work, guest room or art studio. The lot size and configuration may support additional improvements or an ADU (accessory dwelling unit), subject to buyer verification and local regulations.The layout connects the kitchen, dining, and living areas for functional daily use. The kitchen includes a breakfast bar, breakfast nook with a garden window, stainless steel gas range, black dishwasher and oven. Slate tile flooring is installed in the entry and kitchen, with a mix of tile and carpet throughout the rest of the home. The living room features a brick fireplace and direct access to the outdoor patio.The primary suite includes French sliding door access to the backyard. Central heating and air conditioning provide climate control, and dual-pane windows are installed. Laundry is located in the attached 2-car garage and includes a utility sink.The outdoor space includes landscaped garden areas, pathways, and open space for recreation or future customization. The backyard includes citrus trees, walnut tree and the front yard features an apple tree. Peek-a-boo mountain views are visible from portions of the property, and the lot provides flexibility for a range of uses.Located near Rancho Simi Community Park, Mount McCoy hiking trail, shopping, restaurants, and Costco. Nearby schools include Madera Elementary, Sinaloa Middle School, and Royal High School.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,302 | 1,883 | 16% |
| Lot Size | 10,454 | 7,623 | 77% |
| Price | $769.0K | $880.0K | 24% |
| Price per sq ft | $591 | $477 | 86% |
| Built year | 1960 | 1976 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 173 | 1% |
Apr 17, 2026
$769,000
Initial Listing