
Simi Valley, California 93065
This Single Family Residence is a Prime Investment Opportunity, listed at $899,900—positioned well below the $924,373 Fair Market Value by 2%. This valuation gap offers $24,473 in Instant Equity. Featuring a Good Condition Rating, the home includes a Granite Kitchen, new flooring, and a massive 10,577 sq ft lot with RV parking. Located in the Simi Valley Unified district, this property balances immediate move-in readiness with long-term potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, well-maintained home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2031 Morning Glory Subject | $899,900* List Price | 4 | 3 | 1,927 | $467 | - |
A 2092 Cutler Street Sold | $940,000 | 4 | 3 | 2,040 | $461 | 0.8 mi |
B 2094 Elizondo Avenue Sold | $880,000 | 4 | 3 | 1,725 | $510 | 0.5 mi |
C 1559 Buckskin Avenue Sold | $750,000 | 3 | 2 | 1,854 | $405 | 0.9 mi |
D 1720 Anderson Street Sold | $705,721 | 4 | 2 | 1,227 | $575 | 0.5 mi |
E 2075 Sherman Sold | $915,000 | 4 | 2 | 1,787 | $512 | 0.2 mi |
F 2165 Malcolm Street Sold | $837,000 | 4 | 2 | 1,580 | $530 | 0.4 mi |
G 1536 Earl Avenue Sold | $860,000 | 4 | 3 | 1,725 | $499 | 0.4 mi |
H 2206 Rosemary Street Sold | $790,000 | 4 | 2 | 1,703 | $464 | 0.7 mi |
I 2048 Shelby Lane Active | $939,999 List Price | 4 | 3 | 2,037 | $461 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1979, the property is well-maintained and move-in ready due to significant recent updates. Improvements include new interior and exterior paint, new carpeting throughout, dual-pane low E windows, and artificial turf. The kitchen features granite countertops and stainless steel appliances, and while some architectural elements like the sunken living room and popcorn ceilings remain dated, the overall condition meets the 'Good' criteria for functionality and maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10577, living area = 1927.
The property features a massive 10,577 sq ft cul-de-sac lot with dedicated RV/boat parking and no HOA or Mello Roos fees, offering exceptional utility and long-term value.
The home is move-in ready with significant recent updates, including new interior and exterior paint, new carpeting throughout, dual-pane low-E windows, and a modernized kitchen with granite countertops.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10577, other record lot size in square feet = 10454.
While the massive backyard offers immense potential, it is currently a 'blank canvas' that will require a substantial financial investment and time to landscape and develop.
With 56 days on market and a recent price reduction, the property may face challenges with buyer perception regarding its value, despite being back on the market at no fault of the seller.
CENTRAL SIMI CHARMER WITH RV/BOAT PARKING ON A CUL DE SAC WITH OVER 10K SQ FT LOT... Original owner is selling for the first time in 45 years! Located on a quiet cul de sac walking distance from Berylwood Elementary School with NO HOA and NO MELLO ROOS, this spacious home is ready for a new family to make it theirs. The downstairs features wood-like tile flooring w/ sunken living room, and carpet inset in the family room which is just off the kitchen. The open kitchen offers granite counters, updated counters, and stainless steel appliances. The custom wrought iron staircase leads upstairs to all 4 bedrooms, w/ mirrored wardrobes, new paint, and new carpet. This property offers updated dual pane, low E windows throughout, all new carpet throughout, all new paint inside and out, and brand new artificial turf in the front yard. This home boasts a MASSIVE private backyard that is a blank canvas for its new owners, with room to do whatever your imagination can come up with! Berlywood is centrally located close to shopping, dining, parks, schools, and entertainment! This home can be shown 7 days a week, so call today for your private showing! UPDATE 7/2 Back on the market at no fault of the seller.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,927 | 1,735.527 |
| Lot Size | 10,577 | 7,383.872 |
| Price | $899.9K | $868.9K |
| Price per sq ft | $467 | $499 |
| Built year | 1979 | 1970 |
| HOA | $0 | $160 |
| Days on market | 96 | 50 |
Jul 31, 2026
$899,900
$924,800
-3% Price Drop
Initial Listing
Jun 5, 2026
$924,800
Initial Listing