Analysis of 1582 Dakin, Simi Valley, California 93065 is currently available with a list price of $1,050,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Simi Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The primary residence was built in 1962 (>20 years old), which typically indicates dated kitchen/bath finishes and aging systems. However, the property is elevated by a brand-new ADU completed in 2023. While the main house is described as comfortable and move-in ready, its age suggests it needs minor updates to meet modern standards.
The property features a newly built (2023) 2-bedroom, 1-bathroom ADU with a separate entrance and private patio, offering excellent opportunities for rental income or multigenerational living.
Conveniently located within walking distance of Royal High School and providing quick access to the 118 Freeway, shopping, and dining, making it highly attractive for families and commuters.
Classified as a duplex/residential income property, this setup provides rare flexibility in Simi Valley for buyers looking to offset their mortgage or house an extended family.
The primary residence dates back to 1962, which may necessitate upgrades to older systems or cosmetic renovations to align with the quality of the newly constructed ADU.
With 4 bedrooms configured within 1,248 square feet in the main house, the individual room sizes and common areas may feel constrained for larger households.
Welcome to 1582 Dakin Avenue in the heart of Simi Valley! These 4 Bedroom 2 bathrooms home offers comfortable living in a desirable neighborhood conveniently located walking distance from Royal HS, with easy access to shopping, dining, parks, schools, and the 118 Freeway. The main residence features a warm and inviting floor plan with spacious living areas, abundant natural light, and a private backyard perfect for relaxing or entertaining. A standout feature of this property is the newly built 2-bedroom, 1-bathroom ADU, completed in 2023. Designed with privacy and functionality in mind, the ADU offers its own separate entrance and a private patio, making it ideal for multigenerational living, guests, a home office, or rental income opportunities. This versatile property combines comfortable living with exceptional flexibility, offering a rare opportunity to own a home with a modern accessory dwelling unit in one of Simi Valley’s most sought-after neighborhoods.
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 | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,248 | - |
| Lot Size | 7,840 | - |
| Price | $1.05M | $875.0K |
| Price per sq ft | $841 | $235 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 133 |
Jul 19, 2026
$1,050,000
Initial Listing
Jun 27, 2003
$87,500
Public Record