2399 Lee Street, Simi Valley, California 93065, Simi Valley, 93065 - 5 bed, 2 bath
ACTIVE$1,235,000$2,003/sqft
Est. Value: $992,698
-19%
AboveEstimate
2399 Lee Street, Simi Valley, California 93065
5Beds
2Baths
2,003Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($992,698.24) is $242,301.76 (19%) lower than the list price ($1,235,000). This property may be overpriced.
Key pros and cons
Top Pros:
RCFE Business Potential: The property has been renovated and approved by the Fire Department for Residential Care Facility for the Elderly (RCFE) use, offering a unique business opportunity.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Compared to the nearby listings
Price:$1.24M vs avg $852.0K (+$383,000)81%
Size:2,003 sqft vs avg 1,905 sqft54%
Price/sqft:$617 vs avg $47687%
More Insights
Built in 1967 (59 years old).
Condition: Built in 1967, the property has undergone significant renovations to meet RCFE standards, including updated hardwood flooring, recessed lighting, and a modern kitchen with dark wood cabinets, granite countertops, and stainless steel appliances. The bathroom features updated tiling, a rain shower, and accessibility grab bars. While the underlying infrastructure may be older, the visible areas are move-in ready and well-maintained, aligning with a 'good' condition score due to extensive renovations within the last 5-15 years.
Year Built
1967
Close
-
List price
$1.24M
Original List price
$1.24M
Price/Sqft
$617
HOA
-
Days on market
-
Sold On
-
MLS number
WS26013359
Home ConditionGood
Features
Patio
View-
About this home
Renovated for RCFE. Fire Department approved. High ceiling living room. 5 bedrooms, 2 baths. RCFE license application has submitted to Licensing. 5th bedroom was done with permit. 2 rooms have exit doors. Covered Patio with outdoor dining and garden.
M
MIRA GONZAGA
Listing Agent
Price History
Date
Event
Price
04/22/25
Sold
$899,000
Condition Rating
Good
Built in 1967, the property has undergone significant renovations to meet RCFE standards, including updated hardwood flooring, recessed lighting, and a modern kitchen with dark wood cabinets, granite countertops, and stainless steel appliances. The bathroom features updated tiling, a rain shower, and accessibility grab bars. While the underlying infrastructure may be older, the visible areas are move-in ready and well-maintained, aligning with a 'good' condition score due to extensive renovations within the last 5-15 years.
Pros & Cons
Pros
RCFE Business Potential: The property has been renovated and approved by the Fire Department for Residential Care Facility for the Elderly (RCFE) use, offering a unique business opportunity.
Permitted Expansion & Safety: The 5th bedroom was added with a permit, ensuring legality, and two rooms feature exit doors, enhancing safety, especially for RCFE operations.
Spacious & Functional Layout: Boasting 5 bedrooms and 2 baths, along with a high-ceiling living room, the property offers ample space suitable for a large family or multiple residents.
Outdoor Living Amenities: A covered patio with outdoor dining and a garden provides desirable outdoor living space, enhancing resident comfort and appeal.
Strategic Location: Located in Simi Valley, a desirable area, the property benefits from its proximity to local amenities and the Simi Valley Unified high school district.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Recently Sold Property: The property was recently sold within the past year on 2025-04-22. The sold price is $899,000.00.
Pending RCFE License: While the RCFE license application has been submitted, it is not yet approved, which introduces uncertainty and potential delays for immediate business operation.
Age of Property & Systems: Built in 1967, despite renovations, the property's age may imply older underlying infrastructure (e.g., plumbing, electrical, HVAC) that might require future updates not explicitly detailed.
Significant Price Increase: The current list price of $1,235,000 represents a substantial increase from its previous sale price of $899,000, which may require strong justification through detailed renovation specifics to potential buyers.