1738 Olympic Street, Simi Valley, California 93063, Simi Valley, 93063 - 4 bed, 2 bath
Loading property details...
Simi Valley, California 93063
This Single Family Residence represents a Prime Investment Opportunity, listed at $750,000—positioned well below the $767,497 Fair Market Value by 2%. This valuation gap provides $17,497 in Instant Equity. With a Condition Rating of 3, the home features modern bathroom updates and a spacious 9,147 sq. ft. lot, offering significant potential for an ADU or outdoor retreat. Located in the Simi Valley Unified district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1738 Olympic Street Subject | $750,000* List Price | 4 | 2 | 1,463 | $525 | - |
A 1675 Barnes Sold | $780,000 | 3 | 2 | 1,446 | $539 | 0.2 mi |
B 2433 Medina Avenue Sold | $825,000 | 4 | 2 | 1,725 | $478 | 0.6 mi |
C 2034 Guerne Avenue Sold | $870,000 | 4 | 2 | 1,582 | $550 | 0.3 mi |
D 1648 Rocky River Court Sold | $845,000 | 4 | 2 | 1,805 | $468 | 0.4 mi |
E 1638 Olympic Street Active | $849,000 List Price | 4 | 2 | 1,463 | $580 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1961, the property is well-maintained and move-in ready. The bathrooms have been tastefully updated with modern tile finishes and newer vanities (likely 5-15y reno). The interior features newer wood laminate flooring and a functional, though dated, kitchen. The presence of a modern-looking HVAC condenser and a clean exterior suggests consistent maintenance of major systems.
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 = 1463.
The generous 9,147+ square foot lot is a significant asset, providing ample space for a pool, an ADU, or a customized outdoor entertainment retreat.
The home features move-in-ready upgrades, including stylishly remodeled bathrooms with tile finishes and durable wood laminate flooring throughout.
Built in 1961, the property may have aging underlying systems such as plumbing or electrical that are typical of its era and may require future maintenance.
With four bedrooms distributed across less than 1,500 square feet, individual room sizes and common living areas may feel somewhat constrained for larger families.
Welcome Home! Nestled in a desirable neighborhood of Simi Valley, this charming single story home offers 4 bedrooms, 2 bathrooms, and nearly 1,500 square feet of comfortable living space on an expansive 9,100+ square foot lot -- with plenty of room to add a pool, create an outdoor retreat, or expand your possibilities. Inside, you'll find gleaming wood laminate flooring, a cozy stone fireplace that anchors the inviting living room, and a spacious dining area that opens to a bright kitchen featuring a breakfast bar and lovely views of the backyard. All bedrooms are good sized, including a comfortable primary suite, while the bathrooms have been tastefully updated with stylish tile finishes in the showers and tub areas. The direct-access 2-car garage with laundry area adds convenience and functionality, along with additional driveway parking for two more vehicles. Step outside to enjoy the large covered patio, low-maintenance landscaping, and mature fruit trees -- perfect for relaxing or entertaining year-round. Ideally located near parks, shopping, dining, and with easy access to the 118 Freeway, this well-priced home combines comfort, charm, and location in one exceptional opportunity. Don't miss your chance to make this beautiful home your own!
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 | 9,147 | 6,970 | 73% |
| Price | $750.0K | $870.0K | 18% |
| Price per sq ft | $513 | $485 | 57% |
| Built year | 1961 | 1977 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 137 | 1% |
May 19, 2026
$750,000
Initial Listing
Mar 7, 2003
$318,000
Public Record