1561 Arcane, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 2 bath
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Simi Valley, California 93065
This Single Family Residence is a Strong Value Opportunity, listed at $749,000—positioned well above the $692,257 Fair Market Value by 8%. While priced at a premium, the property features a Condition Rating of 3, showcasing a modernized open floorplan, central HVAC, and significant outdoor upgrades including a custom pergola and ADU-ready foundation. With a large 7,840 sqft lot and specialized boat/trailer parking, this home offers unique utility. It is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or investors targeting long-term ADU development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1561 Arcane Subject | $749,000* List Price | 3 | 2 | 1,032 | $689 | - |
A 1776 Kearney Avenue Sold | $800,000 | 3 | 2 | 1,226 | $653 | 0.3 mi |
B 1528 Bodie Sold | $780,000 | 4 | 2 | 1,248 | $625 | 0.1 mi |
C 1763 Kearney Sold | $780,000 | 4 | 2 | 1,226 | $636 | 0.3 mi |
D 2353 Bryson Place Sold | $800,000 | 4 | 2 | 1,215 | $658 | 1.0 mi |
E 938 Ventura Avenue Sold | $673,000 | 3 | 2 | 1,170 | $575 | 0.9 mi |
F 1573 Casarin Avenue Sold | $757,000 | 4 | 2 | 1,248 | $607 | 0.1 mi |
G 2089 Abraham Street Sold | $755,000 | 3 | 2 | 1,205 | $627 | 0.8 mi |
H 1608 Alviso Sold | $789,000 | 4 | 2 | 1,227 | $643 | 0.9 mi |
I 1548 Wallace Street Active Under Contract | $779,999 List Price | 3 | 2 | 1,058 | $737 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the property has been significantly upgraded with central HVAC, wood flooring, and an open floorplan. The exterior is well-maintained with a newer garage door, custom pergola, and professional landscaping, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1032.
The property features an expansive outdoor entertaining area with a custom pergola and a paved foundation specifically noted for its potential to support a large Accessory Dwelling Unit (ADU).
The interior has been thoughtfully updated by removing walls to create an open-concept layout, complemented by wood flooring and essential modern comforts like central heating and air conditioning.
At just 1,032 square feet for a 3-bedroom, 2-bathroom configuration, the individual room sizes and overall living space may feel cramped for growing families.
The property is zoned for Berylwood Elementary, which currently holds a lower performance rating (3/10), potentially impacting its appeal to families with young children.
Unique single family home with ample outdoor entertaining space and storage. Upgraded with central heat/air conditioning, wood floors throughout, and deleted walls to offer a more open floorplan. Added features unique to this property include a fully paved patio with custom pergola, complete with lighting and drainage, paved trailer/boat parking, and a custom fully permitted storage shed built and painted to match the house. The front and back yard have custom lighting and a drip system for the plants. There is a mature apple tree that produces fruit in the back yard. The patio where the pergola is located also has the potential to be the foundation for a large ADU.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 6-8 • 0.8 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,032 | 1,657 |
| Lot Size | 7,840 | 7,405 |
| Price | $749.0K | $871.1K |
| Price per sq ft | $726 | $503 |
| Built year | 1962 | 1965 |
| HOA | $0 | $130 |
| Days on market | 47 | 53 |
Jun 5, 2026
$749,000
Initial Listing