2345 Bryson Place, Simi Valley, California 93065, Simi Valley, 93065 - 6 bed, 4 bath
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Simi Valley, California 93065
This High-Potential Investment Opportunity is listed at $1,200,000, positioned above the $1,086,244 Fair Market Value. Despite the premium, the property features a fully permitted three-unit configuration including a main residence, ADU, and JADU, offering immediate cash flow. With a Condition Rating of 2 and modern interior upgrades, this asset minimizes renovation needs. The potential for two additional detached ADUs provides significant long-term upside. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2345 Bryson Place Subject | $1,200,000* List Price | 6 | 4 | 1,990 | $546 | - |
A 896 Moffatt Circle Sold | $885,000 | 5 | 3 | 2,069 | $428 | 1.0 mi |
B 1369 Friant Avenue Sold | $857,000 | 4 | 2 | 1,844 | $465 | 0.6 mi |
C 2339 Dusan Street Sold | $915,000 | 4 | 3 | 2,011 | $455 | 0.2 mi |
D 952 Moffatt Circle Sold | $899,900 | 4 | 2 | 1,632 | $551 | 1.0 mi |
E 1091 Vallejo Avenue Sold | $865,000 | 4 | 2 | 1,708 | $506 | 0.4 mi |
F 2399 Lee Street Active | $1,299,000 List Price | 5 | 2 | 2,003 | $649 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1971, the property has undergone a comprehensive recent renovation including the addition of a permitted ADU and JADU. Interior images show modern kitchens with shaker-style cabinetry, stone countertops, stainless steel appliances, recessed lighting, and updated luxury vinyl plank flooring throughout, indicating a high-quality renovation within the last 5 years.
The property features a rare, fully permitted three-unit configuration including a main residence, ADU, and JADU, offering immediate high-yield rental income or a perfect house-hacking opportunity.
Beyond the existing three units, the property offers the potential to add two additional detached ADUs, providing a significant path for further value appreciation and increased cash flow.
All current units have been thoughtfully upgraded with modern finishes and are fully permitted, which reduces legal liability, simplifies financing, and eliminates the need for immediate renovations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1990, other record living area = 975. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
The property was recently sold within the past year on 2025-09-23. The sold price is $760,000.00.
With 6 bedrooms and 4 bathrooms distributed across only 1,990 square feet, the individual living quarters are likely quite small and may feel cramped for tenants.
Rare fully permitted multi-unit opportunity in the heart of Simi Valley featuring a beautifully upgraded main residence, attached permitted JADU, and attached permitted ADU with additional upside potential for two future detached ADUs (buyer to verify). This versatile property offers an ideal setup for investors, owner-users, multi-generational living, or buyers seeking strong income-producing potential.The main residence is currently leased for $3,900/month, the permitted JADU generates $1,700/month, and the attached ADU offers projected rental income of approximately $2,500/month, creating strong existing and future cash flow opportunities. All units have been thoughtfully updated, offering modern finishes and flexible living arrangements.Situated on a generous lot with excellent functionality and expansion potential, this property combines stable income with long-term appreciation opportunities in one of Ventura County's most desirable rental markets. Fully permitted ADUs significantly reduce buyer and lender concerns while adding substantial value and flexibility.Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or capitalize on future ADU development opportunities, this is a rare chance to own a highly versatile income-producing property with exceptional upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 99% |
| Baths | 4.0 | 2.0 | 87% |
| Square foot | 1,990 | 1,824.5 | 61% |
| Lot Size | 6,969 | 7,840 | 44% |
| Price | $1.20M | $867.5K | 77% |
| Price per sq ft | $603 | $505 | 80% |
| Built year | 1971 | 1973 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 150 | 5% |
Apr 28, 2026
$1,200,000
Initial Listing
Sep 23, 2025
$760,000
Public Record
Feb 8, 2006
$499,000
Public Record
Dec 30, 2004
$460,000
Public Record
Sep 17, 2004
$428,000
Public Record