
Simi Valley, California 93065
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $679,900—positioned well below the $686,825 Fair Market Value by 1%. This valuation gap offers $6,925 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and Double Pane Windows, while the massive 7,840 sqft lot provides significant ADU/RV potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1662 Ahart Street Subject | $679,900* List Price | 3 | 2 | 1,058 | $649 | - |
A 1240 Graham Street Sold | $755,000 | 4 | 2 | 1,226 | $616 | 0.5 mi |
B 1305 Agnew Street Sold | $751,750 | 4 | 2 | 1,227 | $613 | 0.4 mi |
C 1676 Alexander Sold | $714,900 | 3 | 2 | 1,227 | $583 | 0.0 mi |
D 1271 Alexander Street Sold | $700,000 | 3 | 2 | 1,227 | $570 | 0.5 mi |
E 1763 Kearney Sold | $780,000 | 4 | 2 | 1,226 | $636 | 1.0 mi |
F 1748 Ahart Street Active | $785,000 List Price | 4 | 2 | 1,226 | $640 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1961, the property has undergone significant renovations within the 5-15 year window, including a kitchen with granite countertops, newer cabinets, and stainless appliances. The inclusion of double-pane windows, recessed lighting, and updated tile flooring makes the home functional and move-in ready, though it requires minor cosmetic 'brush' work and landscaping.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1058.
The expansive 7,840 sqft lot features a block wall for privacy and offers ample space for an ADU, RV access, or a pool, providing excellent value-add opportunities for investors or homeowners.
The home boasts several high-value upgrades, including a newer kitchen with granite countertops, double-pane windows throughout, and durable tile flooring in the main living areas.
The property is noted as needing a 'brush' and landscaping touch, indicating that immediate investment in paint and curb appeal will be necessary to modernize the home's aesthetic.
The assigned elementary school has a rating of 2/10, which may be a significant concern for families with young children and could impact the property's competitive edge in the resale market.
Fantastic opportunity to expand, huge lot for ADU, with possible RV access and totally fenced with a block wall for more privacy. Enjoy the open floor plan, newer kitchen cabinets with beautiful granite counters, large living room with recessed lighting. Good size bedrooms with mirror closet doors and ceiling fans plus double pane windows all throughout. Two nice bathrooms and newer tile in the majority of the house. Step out to enjoy a huge yard ready for a pool, possible ADU or your own soccer field! Possibilities are endless. Bring your brush, and make it your own. Enjoy the beautiful orange tree waiting for your landscaping touch.Centrally located, close to schools and shopping. Score with this one!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,058 | 1,657 |
| Lot Size | 7,840 | 7,405 |
| Price | $679.9K | $871.1K |
| Price per sq ft | $643 | $503 |
| Built year | 1961 | 1965 |
| HOA | $0 | $130 |
| Days on market | 44 | 53 |
Jun 9, 2026
$679,900
Initial Listing
Feb 12, 2019
$505,000
Public Record
Apr 24, 2014
$404,000
Public Record
Mar 29, 2010
$325,000
Public Record
Oct 15, 1999
$186,000
Public Record