1513 Sitka Avenue, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 2 bath
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1513 Sitka Avenue
Simi Valley, California 93063
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,233Sq Ft
9,500Lot Size
Property Price
LIST PRICE$749,500
EST. MARKET VALUE
$722,464
3% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $749,500—positioned slightly above the $722,465 Fair Market Value. While the property requires cosmetic modernization, its Condition Rating of 4 is bolstered by essential system upgrades, including a newer roof, HVAC, and replaced electrical panel. The expansive 9,500 square foot lot offers significant potential for future expansion or an ADU. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a solid, well-maintained foundation to build long-term value.
Estimated Market Value
$722,464
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1513 Sitka Avenue Subject 3 bd · 2 ba · 1,233 sqft · $586 | $749,500* List Price | 3 | 2 | 1,233 | $586 | - |
A 1870 Burch Avenue Sold 3 bd · 2 ba · 1,244 sqft · $619 · 0.4 mi | $770,000 | 3 | 2 | 1,244 | $619 | 0.4 mi |
B 1738 Olympic Street Sold 4 bd · 2 ba · 1,463 sqft · $513 · 0.3 mi | $750,000 | 4 | 2 | 1,463 | $513 | 0.3 mi |
C 3554 Royal Sold 3 bd · 2 ba · 1,244 sqft · $555 · 0.2 mi | $690,000 | 3 | 2 | 1,244 | $555 | 0.2 mi |
D 1607 Blackwall Sold 3 bd · 2 ba · 1,233 sqft · $650 · 0.2 mi | $801,000 | 3 | 2 | 1,233 | $650 | 0.2 mi |
E 3297 Elmore Sold 3 bd · 2 ba · 1,310 sqft · $527 · 0.6 mi | $690,000 | 3 | 2 | 1,310 | $527 | 0.6 mi |
F 3695 Semple Street Sold 3 bd · 2 ba · 1,661 sqft · $500 · 0.5 mi | $830,000 | 3 | 2 | 1,661 | $500 | 0.5 mi |
G 2243 Carver Court Sold 3 bd · 2 ba · 1,651 sqft · $466 · 0.8 mi | $770,000 | 3 | 2 | 1,651 | $466 | 0.8 mi |
H 1534 Olympic Street Active 4 bd · 2 ba · 1,463 sqft · $475 · 0.1 mi | $695,000 List Price | 4 | 2 | 1,463 | $475 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property features significant updates to major systems including a newer roof and HVAC (7-8 years old) and a replaced electrical panel. However, the interior finishes are dated; the kitchen and bathrooms feature older tile work and cabinetry likely exceeding 20 years in age, and popcorn ceilings are present throughout. It is well-maintained and move-in ready but requires cosmetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9500, living area = 1233.
- Expansive Lot Size
The impressive 9,500 square foot lot provides significant outdoor living space and potential for future expansions or an ADU, a rare find for this price point.
- Key System Upgrades
The property features essential high-ticket updates including a replaced electrical panel, newer appliances, HVAC, and a roof approximately 7-8 years old, reducing immediate capital expenditures.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
With only 1,233 square feet of living space, the home may feel restrictive for growing families or those requiring a dedicated home office.
- Modest School Ratings
The assigned elementary school has a lower rating (4/10), which may be a consideration for education-focused buyers and could impact future resale velocity.
About 1513 Sitka Avenue
Welcome home to this inviting 3 bedroom, 2 bathroom residence offering 1233 square feet of comfortable living space on an impressive 9,500 square foot lot.The home features a warm and welcoming wood burning fireplace with a beautiful raised hearth, a dedicated dining room and a functional floor plan with plenty of natural charm. Newer appliances. Electrical panel has been replaced.A mature Magnolia tree greets you in the front yard , and a wonderful mature avocado tree in the rear, offering a peaceful and established setting withplenty of room to enjoy the outdoors.Additional feature include a two-car garage, HVAC and a roof approximately 7-8 years old.This spacious and well cared for home is perfect for families, first time buyers, or anyone looking for their affordable DreamHome.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 9,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Simi Valley Unified Schools
Mountain View Elementary School
Grades K-6 • 0.8 mi
4/10
Hillside Middle School
Grades 6-8 • 1.5 mi
5/10
Simi Valley High School
Grades 9-12 • 2.6 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,233 | 1,764.918 |
| Lot Size | 9,500 | 7,506.335 |
| Price | $749.5K | $856.9K |
| Price per sq ft | $608 | $487 |
| Built year | 1961 | 1970 |
| HOA | $0 | $164 |
| Days on market | 19 | 50 |
Pricing History
Listed for Sale
Oct 5, 2026
$749,500
Initial Listing