
Simi Valley, California 93065
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $750,000—positioned above the $720,314 Fair Market Value. While priced slightly above market, the property offers significant utility through its Permitted Additions and Expansive Corner Lot with RV/boat parking. Featuring a Condition Rating of 4, the home is move-in ready but invites cosmetic modernization to maximize long-term appreciation. With its proximity to local schools and shopping, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-potential home in Simi Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2190 Magnolia Street Subject | $750,000* List Price | 3 | 2 | 1,636 | $455 | - |
A 3069 Galena Avenue Sold | $760,000 | 3 | 2 | 1,465 | $519 | 0.5 mi |
B 2135 Elizondo Avenue Sold | $811,000 | 4 | 2 | 1,580 | $513 | 1.0 mi |
C 2783 Fallon Circle Sold | $810,000 | 5 | 2 | 1,596 | $508 | 0.7 mi |
D 2613 Hollister Street Sold | $710,000 | 4 | 2 | 1,638 | $433 | 0.7 mi |
E 1853 1853 Hillary Ct Sold | $675,000 | 3 | 2 | 1,479 | $456 | 0.9 mi |
F 1442 Hartley Avenue Sold | $779,900 | 5 | 2 | 1,932 | $404 | 0.8 mi |
G 2382 Marie Sold | $706,875 | 3 | 2 | 1,650 | $428 | 0.4 mi |
H 2756 N Dalenhurst Place Sold | $845,000 | 3 | 2 | 1,664 | $508 | 0.8 mi |
I 2158 Waldo Street Pending | $805,000 List Price | 3 | 2 | 1,590 | $506 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961 with additions that appear to have been renovated 20+ years ago. While the home is well-maintained and move-in ready, the kitchen and wet bar feature dated white square tile countertops and older cabinetry styles that require modernization.
The expansive corner lot provides rare and highly sought-after space for RVs, boats, and multiple vehicles, complemented by a storage shed and a versatile fenced side yard.
Two permitted additions, including an oversized primary suite and a secondary living room with vaulted ceilings and skylights, offer a modern, airy layout that exceeds the standard 1960s floor plan.
Ideally situated near the Sycamore and Cochran shopping corridor and within close proximity to local schools, providing excellent convenience for families and commuters.
The assigned elementary school, Park View, has a rating of 2/10, which may be a significant concern for families prioritizing high-performing educational districts.
Given the 1961 original construction date, the property may require updates to older mechanical systems or cosmetic finishes to align with the quality of the newer additions.
Look at that square footage! Positioned on a desirable corner lot with room for RVs, boats, extra vehicles, and all the toys that never seem to fit anywhere else, this expanded home offers flexibility, character, and a location that's hard to beat. Two permitted additions significantly enhance the layout, including an oversized primary suite retreat and a spacious secondary living room featuring vaulted ceilings, skylights, a cozy fireplace, wet bar, and dedicated laundry area--creating the kind of bonus space buyers are constantly searching for but rarely find. Natural light pours through the skylights, giving both expanded areas an open, airy atmosphere throughout the day.Outside, the property continues to impress with abundant parking, a storage shed for added utility, and a fenced side area ideal for a dog run, garden retreat, or even a future jacuzzi setup. The corner-lot location provides extra breathing room and convenience while remaining just a stone's throw from Vista Elementary School, Santa Susana High School, and the popular dining and shopping corridor along Sycamore and Cochran. A rare combination of expanded living space, versatility, and practical amenities in a highly convenient Simi Valley location.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.7 mi
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 | 1,636 | 1,800 | 37% |
| Lot Size | 6,534 | 7,840 | 34% |
| Price | $750.0K | $865.0K | 18% |
| Price per sq ft | $458 | $505 | 33% |
| Built year | 1961 | 1973 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 150 | 3% |
May 11, 2026
$750,000
Initial Listing
May 20, 2019
$500,000
Public Record
Sep 1, 2000
$240,000
Public Record