
Simi Valley, California 93063
This property presents a High-Potential Investment Opportunity with a List Price of $864,000—positioned well above the $805,173 Fair Market Value by 7%. While the home requires a full interior renovation due to its Fair Condition Rating, the 10,454 sq. ft. Cul-de-Sac Lot and Newer HVAC System provide a solid foundation for value-add projects. Located in the Simi Valley Unified district, this asset is ideal for Fix-and-Flip Investors or Contractors seeking to modernize a classic single-story layout.
Property is extensive renovation needed.
The property is 46 years old and remains in original 1978 condition. While the listing describes it as 'super clean' and 'well-maintained,' the kitchen and bathrooms are severely dated with original cabinetry, floral wallpaper, and pink carpeting. Per the criteria, a home over 30 years old that requires a full interior rehab to meet modern standards is classified as poor, despite the benefit of a newer HVAC system.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1587.
Situated on an oversized 10,454 sq. ft. lot at the end of a cul-de-sac in the desirable Groves neighborhood, providing exceptional privacy and significant outdoor space.
The home features a newer HVAC system and water heater, offering peace of mind regarding major mechanical components despite the property's age.
The property remains in its original 1978 condition, requiring a comprehensive cosmetic update to meet modern aesthetic standards and buyer expectations.
The property does not offer any significant views, which may be a drawback for buyers specifically seeking the hillside or mountain vistas common in other parts of Simi Valley.
Cul-de-Sac Location! First time on the market in over 44 years! This super clean, well-maintained single-story home is ready for its next owner's vision. Located in the highly desirable Groves neighborhood of Simi Valley, this home offers outstanding curb appeal and sits on an oversized 10,454 sq. ft. cul-de-sac lot. Inside, you'll find a light and bright floor plan with vaulted ceilings, three generously sized bedrooms, and well-maintained original condition throughout, offering the perfect opportunity to update and make it your own. The spacious kitchen features ample counter space and a garden window overlooking the expansive backyard and patio. The primary suite offers two large closets and an ensuite bathroom with a separate tub and shower. Two additional spacious bedrooms and a full hall bathroom complete the floor plan. Additional highlights include direct access to the two-car garage with a laundry area, plus the washer and dryer are included. The home also features a newer HVAC system and water heater. Conveniently located near Lemon Park, shopping, restaurants, a movie theater, summer concerts, and some of Simi Valley's highly rated schools. Nestled in one of Simi Valley's most desirable, beautifully manicured neighborhoods, this is a rare opportunity to create your dream home in an exceptional cul-de-sac location. First Showing to be Friday 7/17 starting at 11AM.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,587 | 1,657 |
| Lot Size | 10,454 | 7,405 |
| Price | $864.0K | $871.1K |
| Price per sq ft | $544 | $503 |
| Built year | 1978 | 1965 |
| HOA | $0 | $130 |
| Days on market | 7 | 53 |
Jul 15, 2026
$864,000
Initial Listing