
Simi Valley, California 93065
This Spacious Single-Story Residence is a High-Potential Investment Opportunity listed at $775,000—positioned well below the $801,594 Fair Market Value by 3%. This valuation gap provides $26,594 in Instant Equity. While maintaining a Functional Condition Rating, the 1,854 sq. ft. interior features rustic beams and scenic mountain views, offering significant upside through cosmetic modernization. Located in the Simi Valley Unified District on an expansive 8,276 sq. ft. lot, this home balances immediate utility with long-term value-add potential. It is an ideal acquisition for Owner-Occupants or first-time buyers looking to build wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1559 Buckskin Avenue Subject | $775,000* List Price | 3 | 2 | 1,854 | $432 | - |
A 1030 Ventura Avenue Sold | $755,000 | 3 | 2 | 1,416 | $533 | 0.4 mi |
B 761 Lyons Court Sold | $849,000 | 3 | 2 | 1,890 | $449 | 0.6 mi |
C 1524 Casarin Avenue Sold | $820,000 | 4 | 3 | 1,686 | $486 | 0.4 mi |
D 469 Aristotle Street Sold | $770,000 | 4 | 3 | 1,725 | $446 | 1.0 mi |
E 1280 Patricia Avenue Sold | $750,000 | 5 | 3 | 1,714 | $438 | 0.3 mi |
F 1106 Catlin Court Sold | $825,000 | 4 | 2 | 1,959 | $421 | 0.6 mi |
G 1507 4th Street Active | $749,000 List Price | 3 | 3 | 1,497 | $500 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is over 60 years old with no evidence of a major recent renovation. While the interior features some updates like recessed lighting and tile flooring, the overall aesthetic, kitchen cabinetry, and windows appear dated (likely 20+ years old). It is functional and move-in ready but requires cosmetic modernization and likely system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1854.
With over 1,800 sq. ft. of living space, this single-story residence offers a generous and accessible floor plan that is highly desirable for families and those looking to avoid stairs.
The property features an oversized two-car garage with a dedicated work area and a large driveway, providing exceptional utility for hobbyists and ample space for multiple vehicles.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1854, other record living area = 1194.
Built in 1963 and featuring rustic wood beams and original-style built-in appliances, the home may require cosmetic modernization to appeal to buyers seeking a contemporary aesthetic.
Given the property's age and the absence of mentioned recent renovations, buyers may need to budget for upgrades to major systems such as HVAC, plumbing, or electrical.
Welcome to 1559 Buckskin Ave., a wonderful single-story home nestled in a great pocket of Simi Valley. Conveniently located just minutes from schools, shopping, parks, and easy freeway access, this home offers both comfort and convenience. Boasting over 1,800 sq. ft. of living space on an expansive 8,276 sq. ft. lot, this 3 bedroom, 2 bath residence features a large driveway and an attached oversized two-car garage with work area -for easy parking options. Step inside to find warm rustic wood beams that add character and create an inviting, cozy atmosphere. The spacious living room flows seamlessly into the family room--perfect for movie nights, gatherings, and entertaining. The eat-in kitchen includes built-in appliances and ample cabinet space. The primary suite offers a comfortable retreat with its own private en-suite bathroom, while the secondary bedrooms are generously sized and share a full hall bath. Outdoors, enjoy a large covered patio ideal for relaxing weekends, complemented by a grassy yard and scenic mountain views. This is a fantastic opportunity for first-time buyers or anyone looking to settle into a wonderful community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,854 | 1,824.5 | 54% |
| Lot Size | 8,276 | 7,840 | 59% |
| Price | $775.0K | $865.0K | 24% |
| Price per sq ft | $418 | $504 | 16% |
| Built year | 1963 | 1973 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 150 | 4% |
May 1, 2026
$775,000
Initial Listing