
Simi Valley, California 93065
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $864,900—positioned well below the $896,072 Fair Market Value by 3%. This valuation gap offers $31,172 in Instant Equity. Featuring a Condition Rating of 2, the home includes a 2026 roof, remodeled kitchen, and a 24-panel solar system with Tesla battery backups. While the elementary school rating is low, the property’s modern efficiency and open-concept layout make it an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2481 E Alden Street Subject 4 bd · 2 ba · 1,926 sqft · $465 | $864,900* List Price | 4 | 2 | 1,926 | $465 | - |
A 2517 E Phyllis Street Sold 4 bd · 2 ba · 1,806 sqft · $476 · 0.1 mi | $859,999 | 4 | 2 | 1,806 | $476 | 0.1 mi |
B 2735 Galena Sold 4 bd · 2 ba · 1,887 sqft · $450 · 0.6 mi | $850,000 | 4 | 2 | 1,887 | $450 | 0.6 mi |
C 2467 Marisa Sold 4 bd · 2 ba · 1,729 sqft · $492 · 0.4 mi | $850,000 | 4 | 2 | 1,729 | $492 | 0.4 mi |
D 1772 Fred Avenue Sold 3 bd · 2 ba · 1,897 sqft · $472 · 0.7 mi | $895,000 | 3 | 2 | 1,897 | $472 | 0.7 mi |
E 2133 Cochran Sold 3 bd · 2 ba · 1,650 sqft · $539 · 0.4 mi | $890,000 | 3 | 2 | 1,650 | $539 | 0.4 mi |
F 1536 Earl Avenue Sold 4 bd · 3 ba · 1,725 sqft · $499 · 1.0 mi | $860,000 | 4 | 3 | 1,725 | $499 | 1.0 mi |
G 2405 Lee Street Sold 3 bd · 2 ba · 1,712 sqft · $499 · 0.6 mi | $855,000 | 3 | 2 | 1,712 | $499 | 0.6 mi |
H 2410 Justin Avenue Active 4 bd · 2 ba · 1,926 sqft · $405 · 0.3 mi | $779,900 List Price | 4 | 2 | 1,926 | $405 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1968, the property has undergone significant recent renovations including a remodeled kitchen with modern appliances, new flooring, and new windows. Major systems are in mint condition with a brand new roof (2026) and an updated solar system with Tesla battery backups (2026), meeting the criteria for a high-quality renovation under 5 years old.
The property features significant recent capital improvements, including a brand-new roof installed in 2026 and a remodeled kitchen with new double-pane windows, offering immediate value and reduced maintenance costs.
Equipped with a robust solar energy system featuring 24 panels and two Tesla battery backup units, the home provides superior energy efficiency and power security.
Situated in the desirable Summerhill tract, the home offers a spacious 1,926 sqft open-concept floor plan just one block from major shopping centers at Sycamore and Cochran.
The solar system is leased rather than owned, requiring the buyer to assume the existing financial contract, which may impact debt-to-income ratios and monthly carrying costs.
The assigned elementary school, Park View, currently holds a low rating of 2/10, which may be a deterrent for families prioritizing high-performing school districts.
This well-maintained four-bedroom, two-bathroom home in the desirable Summerhill/W. Sycamore Tract offers a bright, open-concept layout designed for comfortable everyday living and effortless entertaining. Ideally located just one block from the main shopping areas at Sycamore and Cochran, the home combines convenience with a welcoming residential setting.The spacious living areas flow seamlessly to the backyard through newly installed double sliding doors, creating an inviting indoor-outdoor connection while filling the home with natural light. The beautifully landscaped backyard features a tiered retaining wall that adds both character and functionality, creating a versatile space for relaxing, entertaining, and enjoying time with family and friends.The recently remodeled kitchen features new double-pane windows that complement the home's bright, open atmosphere. New flooring in the living room adds a fresh, modern feel and creates a cohesive flow throughout the main living spaces.Energy efficiency is another standout feature. The home has a leased solar energy system originally installed in 2013 and updated in 2026. The system includes 24 solar panels and two Tesla battery backup units, providing energy storage and added peace of mind. The buyer will assume the existing solar lease and continue to enjoy the benefits of the updated system.The roof was replaced in 2026, adding another valuable recent improvement to the home.With its thoughtful layout, comfortable living spaces, seamless indoor-outdoor flow, ample storage, and beautifully landscaped backyard, this home is well suited for both everyday living and entertaining. Conveniently located near shopping and everyday amenities, it's ready for its next owners to make it their own.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,926 | 1,764.918 |
| Lot Size | 6,500 | 7,506.335 |
| Price | $864.9K | $856.9K |
| Price per sq ft | $449 | $487 |
| Built year | 1968 | 1970 |
| HOA | $0 | $164 |
| Days on market | 24 | 50 |
Sep 30, 2026
$864,900
Initial Listing
Aug 26, 2020
$615,000
Public Record