1638 Olympic Street, Simi Valley, California 93063, Simi Valley, 93063 - 4 bed, 2 bath
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Simi Valley, California 93063
This Move-In Ready Single-Story Residence is listed at $849,000, reflecting a stable valuation compared to its $802,377 Fair Market Value. Boasting a Condition Rating of 3, the home features significant infrastructure upgrades including a 2022 Permitted Roof and Modern ABS Sewer Lines. The property’s primary appeal is the expansive 9,370 Sq Ft Lot, providing rare flexibility for a pool, expansion, or ADU. Situated in the Simi Valley Unified District, this home offers a blend of structural peace of mind and lifestyle versatility. It is perfectly suited for growing families or multigenerational buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1638 Olympic Street Subject | $849,000* List Price | 4 | 2 | 1,463 | $543 | - |
A 2009 Sargent Avenue Sold | $860,000 | 4 | 2 | 1,582 | $544 | 0.3 mi |
B 1607 Blackwall Sold | $801,000 | 3 | 2 | 1,233 | $650 | 0.2 mi |
C 1675 Barnes Sold | $780,000 | 3 | 2 | 1,446 | $539 | 0.2 mi |
D 2433 Medina Avenue Sold | $825,000 | 4 | 2 | 1,725 | $478 | 0.7 mi |
E 1738 Olympic Street Active Under Contract | $750,000 List Price | 4 | 2 | 1,463 | $513 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1961, the home is move-in ready with significant recent updates including a permitted roof (2022), modern ABS sewer lines, and dual-paned windows. The interior features fresh paint, updated bathrooms, and recessed LED lighting. While the kitchen cabinetry appears dated, the systems and overall maintenance level meet the 'Good' criteria for functional, well-maintained properties.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9370, living area = 1463.
The oversized 9,370 sq ft lot offers rare flexibility in central Simi Valley, providing ample space for a swimming pool, home expansion, or the addition of an ADU for rental income or multigenerational living.
The property features high-value long-term improvements, including a newer permitted roof from 2022 and the recent replacement of original cast-iron sewer lines with modern ABS, minimizing future capital expenditures.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9370, other record lot size in square feet = 9147.
With four bedrooms configured within 1,463 square feet, individual room sizes may feel small or constrained compared to modern suburban floor plans.
While functional with stainless steel appliances, the kitchen lacks the full contemporary remodel seen in other parts of the home, which may be a drawback for buyers seeking a high-end culinary space.
This homes checks all the boxes, and then some! An upodated home on a huge ~ 9,370 sq ft lot in central Simi Valley, offering the freedom to build a pool, expand the home, or add an ADU for income or multigenerational living. The property provides room to adapt, whether that means future expansion, outdoor upgrades, or additional living space.Behind the scenes, one of the biggest long-term improvements is already done. Thousands of dollars were just invested to replace the majority of the original cast-iron sewer lines with modern ABS, giving buyers confidence and eliminating a major future expense.The home is move-in ready with fresh interior and exterior paint and a newer permitted roof installed in 2022. The single level floor plan includes four bedrooms and two bathrooms, featuring updated hall and primary baths, smooth ceilings with recessed LED lighting, dual paned windows, and tiled flooring throughout. The design is practical, cohesive, and easy to maintain. A living room fireplace adds warmth, while an oversized air conditioner and ceiling fans in all bedrooms support year round comfort. One secondary bedroom includes an attached full bath with a shower tub combo, offering useful flexibility for guests, older children, or extended family.The kitchen features a gas range, built in oven, stainless steel dishwasher, and ample cabinet storage. It opens to the family room, creating a natural and usable flow for everyday living.The depth and width of the backyard create real flexibility, with room for a pool, expanded living space, a home garden, or potential ADU additions. It is a lot designed to adapt over time rather than dictate a single outcome. A spacious covered patio and full fencing make the yard immediately usable while still leaving plenty of space for future plans.Curb appeal is enhanced by hardscaped walkways and stacked stone pilasters with integrated lighting. The two car extra deep garage includes laundry hookups and partial drywall finish. An extra wide driveway accommodates three vehicles, with additional space for possible small RV or boat parking.This is a home with solid upgrades, a flexible footprint, and a lot that supports long term plans.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,463 | 1,781 | 29% |
| Lot Size | 9,370 | 6,970 | 74% |
| Price | $849.0K | $870.0K | 44% |
| Price per sq ft | $580 | $485 | 79% |
| Built year | 1961 | 1977 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 137 | 1% |
May 1, 2026
$849,000
Initial Listing