1507 4th Street, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 3 bath
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Simi Valley, California 93065
This Versatile Value-Add Residence is listed at $749,000, positioned accurately at its $749,000 Fair Market Value. The property’s standout feature is the Attached Studio/Guest House with a private entryway, providing a turnkey solution for rental income or multi-generational living. Despite a Fair Condition Rating requiring kitchen modernization, the home offers premium lifestyle assets including a Private Swimming Pool, Vaulted Ceilings, and a Rear Deck and Patio. Situated within the Simi Valley Unified District, this property represents a stable acquisition for Owner-Occupants seeking a house-hack or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1507 4th Street Subject | $749,000* List Price | 3 | 3 | 1,497 | $500 | - |
A 1030 Ventura Avenue Sold | $755,000 | 3 | 2 | 1,416 | $533 | 0.2 mi |
B 469 Aristotle Street Sold | $770,000 | 4 | 3 | 1,725 | $446 | 0.6 mi |
C 1524 Casarin Avenue Sold | $820,000 | 4 | 3 | 1,686 | $486 | 0.8 mi |
D 761 Lyons Court Sold | $849,000 | 3 | 2 | 1,890 | $449 | 0.2 mi |
E 1459 Willowbrook Lane Active | $758,250 List Price | 3 | 2 | 1,349 | $562 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
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current standards, aligning with the 'Fair' condition criteria of requiring minor updates and showing signs of being outdated despite regular upkeep.
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.
A refreshing pool in the backyard oasis provides a desirable amenity for relaxation, entertainment, and enjoyment, especially in the California climate.
The main house features tastefully updated bathrooms and newer windows, enhancing modern comfort, aesthetics, and energy efficiency.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1497, other record living area = 1056.
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.
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.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,497 | 1,883 | 26% |
| Lot Size | 6,969 | 7,405 | 46% |
| Price | $749.0K | $880.0K | 19% |
| Price per sq ft | $500 | $477 | 57% |
| Built year | 1958 | 1976 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 163 | 173 | 46% |
Nov 10, 2025
$749,000
Initial Listing
Dec 9, 2010
$267,000
Public Record
Jun 16, 2003
$330,000
Public Record
Jul 23, 1999
$199,500
Public Record