
Simi Valley, California 93065
This Value-Add Residential Asset is listed at $759,000, representing a stable entry point relative to its $734,389 Fair Market Value. Boasting a Functional 4-Bedroom Layout with a rare downstairs bedroom and a private Patio, the home currently holds a Condition Rating of 4. While requiring cosmetic updates, the "solid bones" and location within the Simi Valley Unified district provide a clear path to forced appreciation. This property is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a home and build immediate sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 257 Aristotle Street Subject | $759,000* List Price | 4 | 2 | 1,580 | $465 | - |
A 469 Aristotle Street Sold | $770,000 | 4 | 3 | 1,725 | $446 | 0.3 mi |
B 1030 Ventura Avenue Sold | $755,000 | 3 | 2 | 1,416 | $533 | 1.0 mi |
C 2178 Electra Avenue Active Under Contract | $738,888 List Price | 4 | 2 | 1,580 | $468 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is functional but significantly dated. The kitchen and flooring appear to have been updated 20+ years ago, featuring older white cabinetry and worn red carpeting. While livable, the home requires cosmetic modernization and minor repairs to meet current market standards, consistent with its history as a rental property.
The inclusion of a downstairs bedroom provides exceptional flexibility for multigenerational living, guest accommodations, or a dedicated home office space.
With 'solid bones' and a layout that flows well, this property presents a prime opportunity for buyers or investors to build equity through strategic cosmetic renovations.
Priced attractively for a 4-bedroom detached home in Simi Valley, it offers a rare blend of affordability and space in a desirable residential community.
As a former rental property described as needing personalization, buyers should anticipate the need for immediate investment in interior updates and modernizing finishes.
Built in 1963, the home may require upgrades to aging systems such as electrical, plumbing, or insulation to meet modern efficiency and safety standards.
Welcome to 257 Aristotle Street in Simi Valley--an incredible opportunity to own a well-located 4-bedroom, 2-bath home offering approximately 1,580 sq ft of living space on a 6,098 sq ft lot. Situated in a desirable community, this home features a functional and inviting floor plan, including a convenient downstairs bedroom--ideal for guests, a home office, or multigenerational living.The layout offers great flow with comfortable living areas and plenty of natural light throughout. With solid bones and room to personalize, this property presents a fantastic chance to create your own vision and add value over time.Previously used as a rental, this home also offers excellent potential for investors seeking a strong addition to their portfolio, while still being perfectly suited for buyers looking to move in and make it their own.A rare blend of opportunity, flexibility, and value--don't miss your chance to unlock the potential of this Simi Valley home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,580 | 1,830 | 31% |
| Lot Size | 6,098 | 7,840 | 24% |
| Price | $759.0K | $880.0K | 21% |
| Price per sq ft | $480 | $499 | 44% |
| Built year | 1963 | 1975 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 145 | 3% |
May 5, 2026
$759,000
Initial Listing