
Simi Valley, California 93063
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $750,000—positioned well below the $773,568 Fair Market Value by 3%. This valuation gap provides $23,568 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the home features a newer HVAC system and fresh interior paint, while the expansive 8,276 Sq Ft Lot offers significant ADU Potential and RV parking. Located in the Simi Valley Unified district near Mountain View Elementary, it balances immediate comfort with long-term appreciation. This is an ideal match for Owner-Occupants or first-time buyers seeking a versatile, value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1607 Blackwall Subject | $750,000* List Price | 3 | 2 | 1,233 | $627 | - |
A 4090 Carlotta Sold | $725,000 | 3 | 2 | 1,216 | $596 | 1.0 mi |
B 1675 Barnes Sold | $780,000 | 3 | 2 | 1,446 | $539 | 0.1 mi |
C 4120 Hi Drive Sold | $690,000 | 3 | 2 | 1,141 | $605 | 0.7 mi |
D 3585 Woodhaven Street Sold | $800,000 | 3 | 2 | 1,193 | $671 | 0.9 mi |
E 3955 Lecont Court Sold | $700,000 | 3 | 2 | 1,310 | $534 | 0.6 mi |
F 3550 Woodhaven Street Sold | $825,000 | 3 | 2 | 1,193 | $692 | 0.8 mi |
G 1791 Sitka Active | $844,990 List Price | 3 | 2 | 1,233 | $685 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and shows clear pride of ownership. While originally built in 1961, it has been well-maintained and partially updated with stone countertops in the kitchen, recessed lighting, and modern wood-look flooring in the main living areas. The inclusion of a newer HVAC system and fresh interior paint supports a 'good' rating. Although the kitchen cabinetry and bathroom fixtures are not brand new, they are functional and well-kept, requiring no immediate renovation.
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 = 1233.
The oversized 8,000+ sq ft lot offers significant versatility, providing ample space for a swimming pool, a guest house (ADU), or future structural expansion.
The inclusion of a newer HVAC system and drought-tolerant landscaping reduces immediate capital expenditures and long-term utility maintenance costs for the buyer.
Built in 1961 and noted for its 'potential to update,' the home likely requires a full cosmetic renovation in the kitchen and bathrooms to meet modern aesthetic standards.
At just 1,233 sq ft for a three-bedroom residence, the living areas and bedrooms may feel compact, potentially challenging for larger families or those working from home.
Experience the perfect blend of comfort, charm, and opportunity in this inviting single-story home set on an expansive 8,000+ sq ft lot in a desirable Simi Valley neighborhood. This beautifully maintained 3BD/2BA residence offers 1,200+ sq ft of light-filled living space with fresh interior paint and excellent potential to update or customize. Bathed in natural light, the home features a warm, welcoming interior with a clean, well-cared-for feel throughout. Strong curb appeal is highlighted by drought-tolerant landscaping and an extended driveway with possible RV parking. The private backyard is a true retreat, showcasing mature fruit trees, rose bushes, and built-in planters, with ample space for a pool, ADU, or future expansion. Designed for seamless indoor-outdoor living, the home features sliding glass doors from both the primary bedroom and the dining/kitchen area—ideal for entertaining and everyday living. Additional highlights include a newer HVAC system and a spacious 2-car garage complete with washer/dryer, utility sink, and extensive built-in cabinetry for storage or workspace. A timeless home that presents an excellent opportunity, offering space, flexibility, and unlimited potential in a desirable setting.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,233 | 1,727 | 19% |
| Lot Size | 8,276 | 6,969 | 73% |
| Price | $750.0K | $849.8K | 20% |
| Price per sq ft | $608 | $491 | 81% |
| Built year | 1961 | 1973 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 167 | 1% |
Apr 17, 2026
$750,000
Initial Listing