2002 Malcolm, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 2 bath
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Simi Valley, California 93065
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $798,000—positioned well below the $776,156 Fair Market Value by -2%. While the property requires cosmetic updates, its Condition Rating of 4 is bolstered by a 3-year-old HVAC and newer windows. The flexible downstairs bedroom and covered patio provide immediate utility, while the corner lot offers long-term value. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through strategic interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2002 Malcolm Subject | $798,000* List Price | 4 | 2 | 1,580 | $491 | - |
A 2135 Elizondo Avenue Sold | $811,000 | 4 | 2 | 1,580 | $513 | 0.3 mi |
B 1908 Morley Street Sold | $615,000 | 4 | 3 | 1,725 | $357 | 0.1 mi |
C 1385 Currant Avenue Sold | $790,000 | 4 | 2 | 1,304 | $606 | 0.4 mi |
D 2089 Abraham Street Sold | $755,000 | 3 | 2 | 1,205 | $627 | 0.1 mi |
E 1877 Fred Avenue Sold | $780,000 | 3 | 2 | 1,465 | $532 | 0.7 mi |
F 1853 1853 Hillary Ct Sold | $675,000 | 3 | 2 | 1,479 | $456 | 0.5 mi |
G 2161 Cutler Street Sold | $795,000 | 4 | 2 | 1,304 | $610 | 0.5 mi |
H 2613 Hollister Street Sold | $710,000 | 4 | 2 | 1,638 | $433 | 0.7 mi |
I 2467 Marisa Active Under Contract | $840,000 List Price | 4 | 2 | 1,729 | $486 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property is well-maintained with critical system updates including a 3-year-old HVAC and newer windows/doors. However, the interior is dated, featuring heavily worn carpeting and older finishes that require minor repairs and cosmetic modernization to meet current standards.
The inclusion of a downstairs bedroom and nearby bathroom provides essential versatility for multi-generational families, guests, or those requiring a home office.
Recent updates including a three-year-old HVAC system and newer windows, doors, and sliders offer significant energy efficiency and reduced immediate maintenance costs for the buyer.
Situated on a desirable corner lot with mature landscaping and a manicured backyard, the property offers an inviting aesthetic and excellent outdoor entertaining space.
The property lacks any significant views, which may be a drawback for buyers prioritizing the hillside or city vistas common in parts of Simi Valley.
With only two bathrooms serving four bedrooms, the home's configuration may be a point of friction for larger households or those seeking modern luxury standards.
This charming home offers standout curb appeal on a desirable corner lot, highlighted by a stunning mature tree gracing the front yard. Inside, you’ll find wood floors flowing throughout, creating a warm and inviting atmosphere. The cozy living room features a large sliding glass door that fills the space with natural light and opens to a beautifully manicured backyard. A convenient downstairs bedroom and nearby hallway bathroom provide flexible living options for guests or multi-generational needs. Upstairs, two additional bedrooms and a generously sized primary bedroom share a full bathroom with double sinks. Home was updated with new air conditioning approximately 3 years ago and the windows, sliders and doors are all newer. Step outside to enjoy the covered patio and beautifully landscaped backyard—perfect for entertaining, relaxing evenings, and making special family memories.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,580 | 1,657 |
| Lot Size | 6,098 | 7,405 |
| Price | $798.0K | $871.1K |
| Price per sq ft | $505 | $503 |
| Built year | 1964 | 1965 |
| HOA | $0 | $130 |
| Days on market | 5 | 53 |
Jul 17, 2026
$798,000
Initial Listing
Jul 24, 2015
$460,000
Public Record
Jun 6, 2008
$370,000
Public Record
Mar 3, 2006
$575,000
Public Record
Oct 17, 2003
$402,500
Public Record