
Simi Valley, California 93065
This Value-Add Residential Asset is listed at $729,000, positioned near its $705,214 Fair Market Value. Currently holding a Condition Rating of 5, this "Fix and SAVE" opportunity requires a full rehab but offers substantial upside through forced appreciation. The property’s primary strength is the massive 15,071 sqft lot, providing rare flexibility for a Large ADU, RV parking, or an expansive outdoor retreat. Featuring a Fenced Pool and Wrap-around Patio within the Simi Valley Unified district, the site is primed for a high-ROI transformation. This project is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1561 Calzona Court Subject | $729,000* List Price | 3 | 2 | 1,268 | $573 | - |
A 1430 Vaquero Drive Sold | $780,000 | 3 | 2 | 1,268 | $615 | 0.2 mi |
B 1460 Vaquero Drive Sold | $785,000 | 4 | 2 | 1,302 | $603 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 and marketed as a 'Fix and SAVE' project, this property requires a full rehab. Interior photos show significant wear including stained carpeting, popcorn ceilings, and outdated wall heaters instead of central HVAC. While the kitchen has granite counters, the cabinetry is aged and the overall condition suggests the need for major system and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15071, living area = 1268.
Sitting on over 1/3 of an acre, the massive 15,071 sqft lot provides rare flexibility for a large ADU, RV parking, or a custom outdoor oasis.
Situated on a quiet cul-de-sac in West Simi Valley, the property offers a private and low-traffic environment ideal for families.
Marketed as a 'Fix and SAVE' opportunity, the property requires substantial investment and labor to address its current condition and modernize the space.
Built in 1960, the home likely features dated electrical, plumbing, or HVAC systems that may need costly upgrades beyond cosmetic improvements.
Fix and SAVE! Opportunity knocks with this 3 bedroom, 2 full bath home located on a CUL-DE-SAC in West Simi Valley. Sitting on over 1/3 acre, this property offers endless potential to create your dream home and outdoor retreat. Whether you envision a large ADU, expansive gardens, outdoor kitchen, entertaining space, or room for all your toys, this lot gives you the flexibility to make it happen. The home features spacious bedrooms, a large living room, fenced pool, and a GIANT wrap-around covered patio ready for relaxing or entertaining. The kitchen offers granite counters and tile flooring. The massive wide driveway provides abundant parking with plenty of room for RV parking as well. A rare chance to acquire a property with this much space, potential, and opportunity at an attractive price point in West Simi Valley.
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 | 1,268 | 1,820.5 | 16% |
| Lot Size | 15,071 | 7,840 | 84% |
| Price | $729.0K | $865.0K | 13% |
| Price per sq ft | $575 | $505 | 73% |
| Built year | 1960 | 1973 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 149 | 4% |
May 6, 2026
$729,000
Initial Listing
May 10, 2024
$66,000
Public Record