1507 4th Street, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 3 bath
1507 4th Street
Simi Valley, California 93065
Property Price
SUMMARY
Analysis of 1507 4th Street, Simi Valley, California 93065 reveals a Fairly Priced Property with a current list price of $749,000 aligned with the estimated $749,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Simi Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 759 Ventura Avenue Sold | $760,000 | 3 | 1 | 1,408 | $540 | 0.1 mi |
D 1524 Casarin Avenue Sold | $820,000 | 4 | 3 | 1,686 | $486 | 0.8 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.
Condition Analysis
OVERALL CONDITION SCORE
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current standards, aligning with the 'Fair' condition criteria of requiring minor updates and showing signs of being outdated despite regular upkeep.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 1507 4th Street
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 6,969 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,497 | 1,828.5 | 27% |
| Lot Size | 6,969 | 6,969 | 50% |
| Price | $749.0K | $850.0K | 23% |
| Price per sq ft | $500 | $476 | 60% |
| Built year | 1958 | 1974 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 117 | 178 | 20% |
Pricing History
Listed for Sale
Nov 10, 2025
$749,000
Initial Listing
Sold
Dec 9, 2010
$267,000
Public Record
Sold
Jun 16, 2003
$330,000
Public Record
Sold
Jul 23, 1999
$199,500
Public Record