2958 Rosette, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 2 bath
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Simi Valley, California 93065
This Spacious Simi Valley Residence is a Strong Value Opportunity, listed at $799,000—positioned well below the $844,078 Fair Market Value by 5%. This valuation gap provides $45,078 in Instant Equity for incoming buyers. While maintaining a functional Fair Condition Rating, the property features high-value assets including 38 solar panels and panoramic mountain views. The oversized lot offers significant forced appreciation through ADU development potential. Located within the Simi Valley Unified district near Mountain View Elementary, this home perfectly balances lifestyle utility with investment upside. It is ideal for Owner-Occupants seeking a value-add sanctuary or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2958 Rosette Subject | $799,000* List Price | 4 | 2 | 1,954 | $432 | - |
A 2490 Invar Court Sold | $800,000 | 4 | 3 | 1,818 | $440 | 0.8 mi |
B 593 Talbert Avenue Sold | $855,000 | 4 | 3 | 1,958 | $437 | 0.1 mi |
C 714 Appleton Road Active | $824,900 List Price | 4 | 2 | 1,638 | $504 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property is well-maintained and functional but shows significant signs of being outdated. While it features some recent improvements such as laminate flooring, solar panels, and a newer bathroom vanity, the kitchen retains older oak cabinetry and tile countertops. The listing itself notes the need for updating and personal touches, placing it firmly in the fair category as a livable home that requires modernization.
Equipped with 38 solar panels, this property offers significant utility cost savings and long-term energy efficiency, a high-value asset for modern homeowners.
The oversized lot and spacious backyard provide an excellent opportunity to build an Accessory Dwelling Unit (ADU), ideal for generating rental income or multi-generational living.
The home features a large, private backyard with mature trees and panoramic views of the hills and mountains, offering a serene and picturesque environment.
The property requires updating and personal touches to modernize the 1964 interior, which may necessitate additional immediate investment from the buyer.
The home is back on the market due to buyer non-performance, which can sometimes lead to increased scrutiny during the appraisal or inspection phases.
BACK ON MARKET, BUYER DIDN'T PERFORM! Bright and spacious home in Central Simi Valley featuring an inviting fireplace and generous living spaces. The layout includes a large living room, a separate dining area for gatherings, and an oversized kitchen with plenty of room to cook and create. The Master Bedroom offers a walk-in closet and full bathroom. Its own sliding glass door that opens directly to the backyard. Large windows throughout the home bring in abundant natural light, creating an open and airy feel. Outside, enjoy a charming front yard and an exceptionally large, private backyard surrounded by mature trees and peaceful nature views. The property also includes a roomy garage and solar panels for added efficiency. House is equipped with 38 solar panels that saves significant from energy bill or almost none. With a little updating or personal touches, this home offers an excellent opportunity to design and customize the space into your ideal home. Plenty space for building a new ADU for extra income.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.8 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,954 | 1,883 | 53% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $799.0K | $880.0K | 29% |
| Price per sq ft | $409 | $477 | 21% |
| Built year | 1964 | 1976 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 173 | 1% |
Mar 13, 2026
$799,000
Initial Listing
Jul 9, 2021
$730,000
Public Record