1616 Royal Avenue, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 2 bath
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Simi Valley, California 93065
This Value-Add Fixer-Upper is listed at $649,950, representing a significant renovation project with a Condition Rating of 5. Although the price exceeds the $594,377 Fair Market Value, the property’s long-term value is anchored by its expansive 9,147 sq ft lot and ADU potential. Featuring RV access, a pull-through garage, and a large patio, the site offers rare utility within walking distance of Royal High School. This asset requires a full rehabilitation to address dated infrastructure and maximize ROI. It is an ideal match for Fix-and-Flip Investors or Contractors seeking a high-upside project in West Simi Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1616 Royal Avenue Subject | $649,950* List Price | 4 | 2 | 1,248 | $476 | - |
A 1571 Kearney Avenue Sold | $630,000 | 4 | 2 | 1,248 | $505 | 0.1 mi |
B 1608 Alviso Sold | $525,000 | 4 | 2 | 1,227 | $428 | 0.6 mi |
C 1620 Spence Street Sold | $720,000 | 4 | 2 | 1,227 | $587 | 0.8 mi |
D 1442 Sorrel Street Sold | $500,000 | 4 | 2 | 1,263 | $396 | 0.3 mi |
E 1663 Anderson Street Sold | $712,000 | 4 | 2 | 1,226 | $581 | 0.7 mi |
F 1855 Arcane Street Sold | $725,000 | 4 | 2 | 1,382 | $525 | 0.4 mi |
G 1890 Hamilton Street Pending | $740,000 List Price | 4 | 2 | 1,226 | $604 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962, this property is explicitly marketed as a 'fixer' requiring substantial repairs and rehabilitation. The kitchen and interior finishes are significantly dated, featuring older cabinetry and appliances that likely require full replacement. The listing description and property analysis confirm the home has dated infrastructure and requires a 'tools and hammer' approach to address deferred maintenance and bring it up to modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9147, living area = 1248.
The expansive 9,147 sqft lot provides ample space for an Accessory Dwelling Unit (ADU) or a pool, offering significant value-add opportunities for investors or multi-generational families.
Featuring both RV access and a rare pull-through garage, the property is ideally suited for homeowners with recreational vehicles, boats, or those requiring additional workshop space.
Explicitly listed as a 'fixer' in need of significant repairs, the property requires a substantial additional investment of time and capital to make it habitable or marketable.
Built in 1962 and currently in poor condition, the home likely necessitates costly updates to major systems such as electrical, plumbing, and roofing to meet modern standards.
Great investment opportunity! This FIXER has great potential to make it yours. 4 bedrooms, RV access, pull through garage, huge lot with plenty of room for an ADU or a pool. Close to schools & shopping. In need of repairs so bring your tools and hammer!
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 6-8 • 0.9 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,248 | 1,881 | 14% |
| Lot Size | 9,147 | 7,514 | 69% |
| Price | $650.0K | $879.0K | 3% |
| Price per sq ft | $521 | $477 | 65% |
| Built year | 1962 | 1976 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 173 | 1% |
Apr 2, 2026
$649,950
Initial Listing
Apr 15, 1988
$95,000
Public Record