1490 Anderson Street, Simi Valley, California 93065, Simi Valley, 93065 - 5 bed, 3 bath
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Simi Valley, California 93065
This property presents a High-Potential Investment Opportunity with a List Price of $770,000—positioned well above the $715,080 Fair Market Value by -7%. With a Condition Rating of 5, this 1961-built residence is a clear value-add project requiring a full interior rehab. The expansive 7,840-square-foot lot and private pool provide significant upside for forced appreciation. Ideally suited for Fix-and-Flip Investors or Contractors, this asset offers the structural flexibility to modernize a spacious five-bedroom floor plan in a prime commuter location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1490 Anderson Street Subject | $770,000* List Price | 5 | 3 | 1,758 | $442 | - |
A 1559 Buckskin Avenue Sold | $750,000 | 3 | 2 | 1,854 | $405 | 0.6 mi |
B 1280 Patricia Avenue Sold | $750,000 | 5 | 3 | 1,714 | $438 | 0.4 mi |
C 1853 1853 Hillary Ct Sold | $675,000 | 3 | 2 | 1,479 | $456 | 0.5 mi |
D 1030 Ventura Avenue Sold | $755,000 | 3 | 2 | 1,416 | $533 | 0.8 mi |
E 1805 Hillary Court Sold | $780,000 | 5 | 3 | 1,781 | $438 | 0.4 mi |
F 1908 Morley Street Pending | $599,000 List Price | 4 | 3 | 1,725 | $347 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961, this property is explicitly marketed as a 'value-add project' and renovation opportunity. The kitchen and bathrooms are significantly dated (30+ years), popcorn ceilings are present throughout, and the interior requires a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1758.
With five bedrooms and two en-suite bathrooms, the floor plan offers exceptional flexibility for multi-generational families or those needing dedicated home office spaces.
The property features a spacious 7,840-square-foot lot with a private backyard pool, providing a ready-made environment for outdoor entertainment and summer recreation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Positioned as a 'value-add project,' the 1961-built residence likely requires significant cosmetic and functional updates to meet modern standards and maximize value.
The property is zoned for Park View Elementary, which currently holds a low rating of 2/10, potentially impacting its desirability for families prioritizing high-performing school districts.
Welcome to this spacious home in one of Simi Valley’s most desirable and convenient locations. Offering a timeless and functional floor plan with five generously sized rooms, including two en-suite bathrooms, this home provides the flexibility and space to truly feel at home. Whether you’re a growing family in need of room to spread out, a multi-generational household, or an investor searching for your next value-add project, the possibilities here are endless. This home offers both immediate livability and long-term potential. From the inviting layout to the generously sized lot, the expansive living spaces offer comfort and versatility, while the backyard pool creates the perfect setting for summer entertaining, weekend gatherings, and making memories for years to come. Location is everything, and this home delivers. Ideally situated in the heart of Simi Valley, you’ll enjoy quick access to the 118 Freeway and be just minutes from popular restaurants, shopping centers, parks, schools, and all the conveniences that make everyday living effortless. Don’t miss your chance to reimagine, renovate, and make this Simi Valley gem your own.
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 | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,758 | 1,657 |
| Lot Size | 7,840 | 7,405 |
| Price | $770.0K | $871.1K |
| Price per sq ft | $438 | $503 |
| Built year | 1961 | 1965 |
| HOA | $0 | $130 |
| Days on market | 44 | 53 |
Jun 8, 2026
$770,000
Initial Listing
Nov 23, 2021
$710,000
Public Record
Jun 12, 2002
$304,000
Public Record
May 12, 1994
$158,500
Public Record