1877 Fred Avenue, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 2 bath
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Simi Valley, California 93065
This property presents a High-Potential Investment Opportunity with a List Price of $780,000—positioned well above the $653,884 Fair Market Value by -19%. While the pricing reflects a premium, the Fair Condition Rating (5/10) indicates significant potential for value-add renovations. Key features include a spacious kitchen, walk-in primary shower, and mountain views. This asset requires a comprehensive rehab to modernize its 1964 infrastructure. It is an ideal acquisition for Fix-and-Flip Investors or Contractors capable of executing a strategic renovation plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1877 Fred Avenue Subject | $780,000* List Price | 3 | 2 | 1,465 | $446 | - |
A 1853 1853 Hillary Ct Sold | $675,000 | 3 | 2 | 1,479 | $456 | 0.9 mi |
B 2382 Marie Sold | $706,875 | 3 | 2 | 1,650 | $428 | 0.7 mi |
C 2783 Fallon Circle Sold | $810,000 | 5 | 2 | 1,596 | $508 | 0.4 mi |
D 2675 Lembert Street Sold | $770,000 | 4 | 2 | 1,323 | $582 | 0.8 mi |
E 2204 2204 N Marter Sold | $799,000 | 4 | 2 | 1,787 | $447 | 0.8 mi |
F 2559 Cochran Street Sold | $700,000 | 3 | 2 | 1,205 | $581 | 0.6 mi |
G 1163 Sycamore Drive Active | $699,900 List Price | 4 | 2 | 1,580 | $443 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964, this 60-year-old property falls into the poor category due to its age and lack of a comprehensive recent renovation. Visible interior conditions show heavily stained/worn carpeting, dated parquet flooring, and popcorn ceilings throughout. While the listing mentions a tiled primary shower, the overall 'opportunity' description and visible wear suggest the home requires a full rehab to meet modern standards.
The primary bedroom features a modern, beautifully tiled walk-in shower and a spacious walk-in closet, providing high-value amenities often missing in homes of this era.
The kitchen offers ample counter space and a large pantry, accommodating high-volume storage needs and providing flexible dining options for both casual and formal settings.
Situated on a peaceful street with mountain views, the property combines a quiet residential atmosphere with immediate proximity to local shopping, dining, and essential services.
The home requires paint and personal touches to reach its full potential, indicating it is not in turn-key condition and will require immediate sweat equity.
Built in 1964, the property may have aging systems or original features that lack the energy efficiency and modern standards of newer residential builds.
Opportunity knocks in this spacious 3-bedroom, 2 bath home. Ideally located in a wonderful Simi Valley neighborhood with peaceful streets and just moments away from markets, restaurants, shopping, and other everyday conveniences.With some paint and a few personal touches, this home offers an excellent chance to create your vision at an attractive price. The spacious kitchen features ample counter and cabinets space, and a large pantry for all those Costco runs., With an option for in-kitchen dining or the formal Dining room, every night could be a treat.The primary bed/bathroom has both a lovely walk-in shower and walk-in closet for all your personal items. The primary shower is beautifully tiled and spacious, perfect for a relaxing moment after a long day. The inviting patio area and yard with mature landscaping is perfect for grilling burgers for those get together with friends and family.Come by and imagen the possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,465 | 1,820.5 | 27% |
| Lot Size | 6,098 | 7,840 | 24% |
| Price | $780.0K | $865.0K | 26% |
| Price per sq ft | $532 | $505 | 61% |
| Built year | 1964 | 1973 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 150 | 3% |
May 27, 2026
$780,000
Initial Listing
Oct 1, 1998
$187,000
Public Record