
Simi Valley, California 93063
This Spacious Value-Add Asset is listed at $999,000, compared to a $843,722 Fair Market Value, offering a substantial footprint for long-term appreciation. Holding a Fair Condition Rating, the 2,023-square-foot interior requires modernization of the kitchen and bathrooms to fully leverage its Generous Living Space. The property includes solar panels and is situated in the established Oakcrest subdivision within the Simi Valley Unified School District. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to force appreciation through targeted renovations in a high-demand residential pocket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1890 N Emory Subject | $999,000* List Price | 4 | 2 | 2,023 | $417 | - |
A 2249 St Clair Avenue Sold | $895,100 | 4 | 2 | 1,891 | $473 | 0.8 mi |
B 2175 N Marlies Sold | $835,000 | 4 | 2 | 1,826 | $457 | 0.6 mi |
C 1768 N Geoffrey Avenue Sold | $905,000 | 4 | 3 | 2,115 | $428 | 0.1 mi |
D 1575 River Wood Court Sold | $900,000 | 4 | 3 | 2,018 | $446 | 0.9 mi |
E 5851 E Malton Avenue Pending | $879,900 List Price | 4 | 2 | 1,891 | $465 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this 54-year-old property falls into the 'Fair' category due to its age. While the exterior shows good curb appeal and includes solar panels, the age suggests that the kitchen, bathrooms, and internal systems are likely dated and will require updates to meet modern standards.
With 2,023 square feet of interior space, this four-bedroom residence offers a spacious and versatile floor plan that is well-suited for growing families or those requiring a home office.
Situated in the desirable Oakcrest subdivision of East Simi Valley, the property benefits from a quiet residential atmosphere within the reputable Simi Valley Unified School District.
The four-bedroom, two-bathroom configuration is a highly sought-after asset in the local market, providing the necessary utility for multi-generational living or guest accommodations.
The property is noted as having no views, which may be a competitive disadvantage compared to other homes in Simi Valley that offer mountain or valley vistas.
The rapid and substantial increase in the listing price from $499,000 to $999,000 may lead to appraisal difficulties and could deter buyers concerned about market value consistency.
Exceptional opportunity in Simi Valley. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
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 | 2,023 | 1,746 | 69% |
| Lot Size | 6,098 | 6,969 | 42% |
| Price | $999.0K | $850.0K | 77% |
| Price per sq ft | $494 | $491 | 50% |
| Built year | 1970 | 1973 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 167 | 1% |
Apr 21, 2026
$999,000
Initial Listing
Apr 18, 2026
$499,000
Initial Listing
Nov 3, 2003
$415,000
Public Record
May 8, 2003
$400,000
Public Record