1511 Sequoia Avenue, Simi Valley, California 93063, Simi Valley, 93063 - 2 bed, 1 bath
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Simi Valley, California 93063
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $525,000, aligning closely with its $520,344 Fair Market Value. Currently maintained in its original 1979 condition with a Condition Rating of 4, the property offers significant forced appreciation potential through cosmetic modernization of its vintage interiors. Featuring a private backyard with a patio and no HOA fees, the home provides a rare entry-level price point within the Simi Valley Unified district. This acquisition is ideal for Fix-and-Flip Investors or first-time buyers looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1511 Sequoia Avenue Subject | $525,000* List Price | 2 | 1 | 855 | $609 | - |
A 1421 Sequoia Avenue Sold | $500,000 | 2 | 1 | 855 | $585 | 0.1 mi |
B 1477 Sequoia Avenue Sold | $580,000 | 2 | 1 | 855 | $678 | 0.0 mi |
C 1485 Sequoia Avenue Active Under Contract | $615,000 List Price | 2 | 1 | 855 | $719 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979 and maintained in original condition, this property is a 'time capsule' exceeding the 20-year threshold for dated interiors. While the listing notes it is well-maintained, the kitchen, bathroom, and orange carpeting are 45 years old and require full cosmetic modernization. Systems are likely original and nearing the end of their functional lifespan.
Priced competitively at $525,000, this home offers one of the most affordable entry points into the Simi Valley market, providing significant equity potential for first-time buyers or investors.
Maintained by the original owner since 1979, the property boasts a clean, solid foundation and a history of meticulous care that ensures a reliable starting point for future renovations.
The lack of HOA fees offers financial freedom, while the private driveway and spacious backyard provide ample outdoor space for entertaining and gardening rarely found in this price bracket.
The home features original 1970s finishes, including vintage counters and orange carpeting, necessitating an immediate budget for cosmetic updates and modernization.
At just 855 square feet with a single bathroom and a one-car garage, the property's compact size may be a constraint for growing families or those requiring more functional space.
This charming home is on the market for the very first time since 1979 and has been lovingly maintained by the original owner! Featuring 2 bedrooms, 1 bathroom, no HOA, and an attached single-car garage, this home is the perfect opportunity for a first-time buyer, someone looking to downsize, or anyone ready to make a home their own.Full of original character and exceptionally well cared for, the home offers a clean and solid foundation with endless potential. From the vintage counters to the classic orange carpet, this home is a true time capsule ready for your personal touches and modern updates. With just a few cosmetic improvements, you can transform this home into something truly special.Enjoy a spacious backyard with plenty of room to entertain, garden, or create your dream outdoor space, plus a private driveway and attached garage where only the garage wall is shared with the neighboring property.Priced to be one of the best values in town, this is an incredible opportunity you do not want to miss. Homes at this price point with this kind of potential do not last long!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 12% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 855 | 1,756 | 4% |
| Lot Size | 3,049 | 6,969 | 9% |
| Price | $525.0K | $870.0K | 2% |
| Price per sq ft | $614 | $485 | 85% |
| Built year | 1979 | 1977 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 135 | 1% |
May 7, 2026
$525,000
Initial Listing