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2649 Nicholas Street, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 3 bath

2649 Nicholas Street, Simi Valley, California 93065 home-pic-0
ACTIVE$800,000
2649 Nicholas Street, Simi Valley, California 93065
4Beds
3Baths
2,212Sqft
5,662Lot

Price Vs. Estimate

The estimated value ($693,685.6) is $106,314.4 (13%) lower than the list price ($800,000). This property may be overpriced.

Key pros and cons

Top Pros:
Expansive Layout & High Ceilings: The two-story home features an amazing layout with high-pitched ceilings, creating an open and airy feel throughout.
Top Cons:
Requires Renovation/TLC: The property explicitly states it 'could use a little TLC' and is a 'perfect canvas,' indicating a need for significant updates and personal investment to bring it to modern standards.

Compared to the nearby listings

Price:$800.0K vs avg $852.0K ($-52,000)39%
Size:2,212 sqft vs avg 1,800 sqft67%
Price/sqft:$362 vs avg $48010%

More Insights

Built in 1979 (46 years old).
Condition: Built in 1979, this property is 45 years old and shows significant signs of age. The kitchen features highly outdated tile countertops, original-style wood cabinets, and dated white appliances, requiring a full renovation. Bathrooms also appear very dated with older vanities and fixtures. While some areas have hardwood flooring, other areas have old carpeting and popcorn ceilings throughout. The description explicitly states it 'could use a little TLC' and is a 'perfect canvas' to 'update finishes, modernize the space,' indicating a need for substantial rehabilitation rather than minor updates. The pool also appears to need maintenance. These factors align with the 'Poor' condition criteria, necessitating significant investment to bring the property to modern standards.
Year Built
1979
Close
-
List price
$800K
Original List price
$895K
Price/Sqft
$362
HOA
-
Days on market
-
Sold On
-
MLS number
225001442
Home ConditionPoor
Features
Pool
Spa
Patio
View-

About this home

Welcome to this incredible opportunity in the heart of Simi Valley! This expansive two-story home features an amazing layout with high-pitched ceilings, creating an open and airy feel throughout. With spacious rooms and a versatile bonus den area upstairs, this home offers plenty of room to grow, entertain, or create the perfect work-from-home setup. One of the standout features is the inground grotto-style pool and jacuzzi, offering a private backyard oasis perfect for relaxing and entertaining.While this home could use a little TLC, it's the perfect canvas to bring your vision to life. The generous floor plan provides the flexibility to customize and make it truly your own. Whether you're looking to update finishes, modernize the space, or add your personal touch, this property has tremendous potential.Nestled in a desirable neighborhood, this home is ideal for families seeking convenience, comfort, and a strong sense of community.

Condition Rating
Poor
Built in 1979, this property is 45 years old and shows significant signs of age. The kitchen features highly outdated tile countertops, original-style wood cabinets, and dated white appliances, requiring a full renovation. Bathrooms also appear very dated with older vanities and fixtures. While some areas have hardwood flooring, other areas have old carpeting and popcorn ceilings throughout. The description explicitly states it 'could use a little TLC' and is a 'perfect canvas' to 'update finishes, modernize the space,' indicating a need for substantial rehabilitation rather than minor updates. The pool also appears to need maintenance. These factors align with the 'Poor' condition criteria, necessitating significant investment to bring the property to modern standards.
Pros & Cons

Pros

Expansive Layout & High Ceilings: The two-story home features an amazing layout with high-pitched ceilings, creating an open and airy feel throughout.
Spacious Rooms & Versatile Den: Offers spacious rooms and a versatile bonus den area upstairs, providing ample space for growth, entertaining, or a dedicated work-from-home setup.
Private Backyard Oasis: Includes an inground grotto-style pool and jacuzzi, creating a private backyard oasis perfect for relaxation and entertainment.
Customization Potential: Described as a 'perfect canvas' with a generous floor plan, offering significant flexibility for buyers to customize and modernize to their personal taste.
Desirable Family Neighborhood: Nestled in a desirable Simi Valley neighborhood, ideal for families seeking convenience, comfort, and a strong sense of community.

Cons

Requires Renovation/TLC: The property explicitly states it 'could use a little TLC' and is a 'perfect canvas,' indicating a need for significant updates and personal investment to bring it to modern standards.
Potential for Outdated Features: Built in 1979, the home likely has dated finishes and systems that will require modernization, as suggested by the need to 'update finishes' and 'modernize the space'.
Additional Investment Required: Buyers should anticipate an initial investment beyond the purchase price for necessary renovations and upgrades to fully realize the property's potential.

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