2371 Larch Street, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 3 bath
2371 Larch Street
Simi Valley, California 93065
Property Price
SUMMARY
Analysis of 2371 Larch Street, Simi Valley, California 93065 reveals a Prime Investment Opportunity with a current list price of $999,000—significantly undercutting the $1,083,576 Fair Market Value by 7%. This valuation gap indicates a +$84,576 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Simi Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2371 Larch Street Subject | $999,000* List Price | 4 | 3 | 3,095 | $350 | - |
A 2108 N Brower Street Sold | $907,500 | 5 | 3 | 2,498 | $363 | 0.3 mi |
B 2332 N Justin Avenue Sold | $980,000 | 5 | 3 | 2,498 | $392 | 0.2 mi |
C 2241 Burnside Street Sold | $795,000 | 5 | 3 | 3,089 | $257 | 0.2 mi |
D 2368 Heywood Street Sold | $875,000 | 5 | 3 | 2,498 | $350 | 0.5 mi |
E 2176 N Brower Street Sold | $919,000 | 6 | 3 | 2,498 | $368 | 0.3 mi |
F 2229 Chesterton Sold | $980,000 | 5 | 3 | 2,498 | $392 | 0.5 mi |
G 2146 N Brower Street Pending | $925,000 List Price | 5 | 3 | 2,498 | $370 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained. While originally built in 1968, it has undergone significant updates including a modernized primary bathroom with dual vanities, a kitchen with stainless steel appliances and stone countertops, and updated flooring throughout. The interior features neutral paint and recessed lighting, and the exterior includes a well-kept pool and patio area, meeting the criteria for a high-quality, functional home without the need for immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
With over 3,000 square feet and a massive upstairs bonus room that can serve as a fifth bedroom, this home offers exceptional flexibility for multi-generational living, a home office, or a gym.
- Resort-Style Backyard
The private outdoor oasis features a sparkling pool and spacious patio area, perfectly designed for entertaining and enjoying Simi Valley's year-round sunshine.
- Updated Primary Suite
The oversized primary retreat includes a walk-in closet and a modernized bathroom with dual vanities and contemporary finishes, providing a high-end feel for the homeowners.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3095, other record living area = 2695.
- Elementary School Rating
The local elementary school carries a rating of 2, which may be a concern for families prioritizing high-performing school districts for younger children.
- Vintage Construction
Built in 1968, the property may require ongoing maintenance or further updates to its older infrastructure and systems to meet modern efficiency standards.
About 2371 Larch Street
Located in the heart of Central Simi Valley, 2371 Larch St offers over 3,000 square feet of spacious living with a flexible floor plan designed for comfort and functionality. A dramatic two story entry opens to expansive living and dining areas filled with natural light, flowing seamlessly into the inviting family room and kitchen, creating an ideal setting for both everyday living and entertaining.The kitchen offers generous counter space, ample cabinetry, and a clear view of the backyard, making it the true center of the home. Upstairs, the oversized primary suite provides a private retreat with a walk in closet and an updated bath featuring dual vanities and modern finishes.A major highlight of this property is the expansive upstairs bonus room with a large closet that can easily function as a fifth bedroom. Whether you need additional sleeping space, a private office, gym, media room, or multi generational setup, this versatile room significantly enhances the home's functionality and long term value.Step outside to your private backyard oasis complete with a sparkling pool and patio area, perfect for summer gatherings, relaxing weekends, and enjoying Simi Valley's year round sunshine. The yard offers both usable space and privacy, creating a true indoor outdoor lifestyle.Situated in a quiet, established neighborhood close to parks, shopping, dining, and convenient freeway access, this home combines size, flexibility, and a resort style backyard in one of Central Simi Valley's most desirable locations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $65.0 / Month
Neighborhood Insights
Simi Valley Unified Schools
Park View Elementary School
Grades K-6 • 0.9 mi
Hillside Middle School
Grades 6-8 • 1.3 mi
Royal High School
Grades 9-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,095 | 1,837.5 | 86% |
| Lot Size | 6,534 | 6,969 | 42% |
| Price | $999.0K | $850.0K | 71% |
| Price per sq ft | $323 | $476 | 4% |
| Built year | 1968 | 1974 | 43% |
| HOA | $65.0 | $0 | 59% |
| Days on market | 8 | 178 | 0% |
Pricing History
Listed for Sale
Feb 27, 2026
$999,000
Initial Listing
Sold
Jun 15, 2016
$610,000
Public Record
Sold
Apr 6, 2005
$618,500
Public Record
Sold
Apr 27, 2001
$343,000
Public Record