RealKey
‪(213) 433-7766‬

1507 4th Street, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 3 bath

1507 4th Street, Simi Valley, California 93065 home-pic-0
ACTIVE$749,000
1507 4th Street, Simi Valley, California 93065
3Beds
3Baths
1,497Sqft
6,969Lot
Year Built
1958
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
225005565
Home ConditionFair
Features
Deck
Pool
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,5 Pros. Rank: price - $749.0K(21th), sqft - 1497(28th), beds - 3(35th), baths - 3(50th).

Exciting Opportunity! This residence boasts 3 bedrooms and 2 bathrooms in the main house, complemented by an attached studio/guest house featuring a private bath and entryway. The property brims with potential! The main house welcomes you with a cozy fireplace in the living room, adorned with wood-like flooring and vaulted ceilings. The bathrooms have been tastefully updated, and newer windows enhance the overall appeal. Step into the backyard oasis, complete with a refreshing pool, promising relaxation and enjoyment. Don't miss out on the endless possibilities this home has to offer!

Price History

Date
Event
Price
11/10/25
Listing
$749,000
12/09/10
Sold
$267,000
06/16/03
Sold
$330,000
07/23/99
Sold
$199,500
Condition Rating
Fair
Built in 1958, the property has received some updates such as wood-like flooring and newer windows. However, the kitchen features very dated laminate countertops and an older white range, indicating a renovation that is likely 20-30+ years old. One of the 'tastefully updated' bathrooms also shows dated fixtures and a specific, older style medicine cabinet. While functional, these key areas require significant modernization to meet current standards, aligning with the 'Fair' condition criteria of requiring minor updates and showing signs of being outdated despite regular upkeep.
Pros & Cons

Pros

Attached Studio/Guest House: The property includes an attached studio with a private bath and entryway, offering excellent flexibility for rental income, multi-generational living, or a dedicated home office.
Private Swimming Pool: A refreshing pool in the backyard oasis provides a desirable amenity for relaxation, entertainment, and enjoyment, especially in the California climate.
Key Interior Updates: The main house features tastefully updated bathrooms and newer windows, enhancing modern comfort, aesthetics, and energy efficiency.
Charming Architectural Details: The living room boasts a cozy fireplace, wood-like flooring, and vaulted ceilings, adding character and appeal to the main living space.
Versatile Layout & Potential: The overall configuration, including the studio, presents diverse living arrangements and significant potential for future value enhancement or personalization.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1497, other record living area = 1056.
Age of Property: Built in 1958, the property's age may suggest potential for older systems (e.g., plumbing, electrical) or structural components that could require future maintenance or upgrades despite noted updates.
Implied Further Investment: The description's emphasis on 'potential' and 'endless possibilities' often indicates that additional investment or renovation may be needed to fully modernize or maximize the property's value.
Modest Overall Square Footage: With 1497 sqft for a 3-bedroom main house plus a studio, the individual room sizes within the main residence might be perceived as modest by some buyers seeking more spacious living areas.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state