2343 Lupin, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 2 bath
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Simi Valley, California 93065
This property presents a Strong Value Opportunity with a List Price of $689,000—positioned well below the $655,593 Fair Market Value by -5%. While the home carries a Fair Condition Rating and requires cosmetic modernization, the oversized backyard and covered patio provide significant potential for value-add customization. Located in the Simi Valley Unified district, this functional 3-bedroom layout offers a practical foundation for buyers. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2343 Lupin Subject | $689,000* List Price | 3 | 2 | 1,066 | $617 | - |
A 2089 Abraham Street Sold | $755,000 | 3 | 2 | 1,205 | $627 | 1.0 mi |
B 3069 Galena Avenue Sold | $760,000 | 3 | 2 | 1,465 | $519 | 0.5 mi |
C 2516 E Phyllis Street Sold | $800,000 | 3 | 2 | 1,205 | $664 | 0.3 mi |
D 2872 Galena Avenue Sold | $739,000 | 3 | 2 | 1,205 | $613 | 0.5 mi |
E 1853 1853 Hillary Ct Sold | $675,000 | 3 | 2 | 1,479 | $456 | 1.0 mi |
F 2325 Wisteria Street Active | $774,950 List Price | 3 | 2 | 1,120 | $692 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this property is well-maintained but significantly dated, fitting the 'Fair' criteria. The bathroom features older oak-style cabinetry and fixtures likely from a renovation over 20 years ago. While the home is functional and clean, the presence of older carpeting, painted wood paneling, and aged systems/finishes indicates it needs cosmetic updates and modernizing to meet current market standards.
The property features an oversized backyard and a covered patio, offering significant potential for outdoor entertaining, gardening, or future customization and expansion.
Despite its compact footprint, the home includes a dedicated laundry area, a pantry, and a 3-bedroom/2-bathroom configuration, maximizing utility for first-time buyers.
Listed at $689,000—notably below its 2023 sale price of $710,000—this home represents a strong value proposition in the Central Simi market for investors and budget-conscious buyers.
With only 1,066 square feet of living space for a 3-bedroom home, the interior rooms and common areas may feel constrained for growing families.
The assigned elementary school carries a low rating of 2/10, which may be a significant drawback for families prioritizing high-performing educational districts.
Welcome to 2343 Lupin St., a charming starter home nestled in a wonderful Central Simi neighborhood. Built in 1961, this well-maintained 3-bedroom, 2-bathroom home offers a comfortable and functional floor plan with inviting indoor and outdoor living spaces. The home features a spacious living room that opens to a covered patio, creating the perfect setting for relaxing or entertaining while enjoying the beautiful oversized backyard. The kitchen offers a nice breakfast area, pantry, and ample cabinetry, providing both comfort and convenience for everyday living. A dedicated laundry area adds to the home’s practicality. The large backyard offers endless possibilities for gardening, entertaining, play, or future customization. Located in a desirable residential neighborhood close to schools, shopping, restaurants, and transportation, this property is an excellent opportunity for first-time buyers, investors, or anyone looking to create their dream home in the heart of Simi Valley.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.8 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 | 1,066 | 1,800 | 4% |
| Lot Size | 6,534 | 7,840 | 34% |
| Price | $689.0K | $865.0K | 6% |
| Price per sq ft | $646 | $505 | 90% |
| Built year | 1961 | 1973 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 150 | 3% |
May 12, 2026
$689,000
Initial Listing
Apr 25, 2023
$710,000
Public Record
Jul 3, 2002
$251,000
Public Record
Dec 27, 1995
$150,000
Public Record