3002 Tallahassee Lane, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 4 bath
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3002 Tallahassee Lane
Simi Valley, California 93065
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
4Baths
1,823Sq Ft
1,390Lot Size
Property Price
LIST PRICE$812,000
EST. MARKET VALUE
$812,000
SUMMARY
This Modern Live/Work Residence represents a Strong Value Opportunity, listed at $839,000—positioned well below the $845,207 Fair Market Value by 0.73%. This valuation gap offers $6,207 in Instant Equity for the buyer. Featuring a 2023 Construction date and Mint Condition Rating, the home includes a unique ADA-compliant commercial space and a chef's kitchen. Its central, walkable location provides a balanced lifestyle for entrepreneurs and owner-occupants seeking a high-end, low-maintenance property with professional versatility.
Estimated Market Value
$812,000
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3002 Tallahassee Lane Subject 3 bd · 4 ba · 1,823 sqft · $445 | $812,000* List Price | 3 | 4 | 1,823 | $445 | - |
A 3033 Tallahassee Lane Sold 3 bd · 4 ba · 1,652 sqft · $536 · 0.1 mi | $885,000 | 3 | 4 | 1,652 | $536 | 0.1 mi |
B 3041 Tallahassee Lane Active 4 bd · 4 ba · 1,760 sqft · $482 · 0.1 mi | $849,000 List Price | 4 | 4 | 1,760 | $482 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and meets the criteria for a new construction home. It features a modern chef's kitchen with quartz countertops, stainless steel appliances, and shaker-style cabinetry. All systems (HVAC, electrical, and plumbing) are less than two years old, requiring no maintenance or repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Unique Live/Work Versatility
The property features a dedicated, ADA-compliant first-floor business space with a separate entrance and signage eligibility, offering a rare opportunity for entrepreneurs to combine professional and residential needs.
- Modern 2023 Construction
Built in 2023, this home offers contemporary peace of mind with high-end finishes including a chef's kitchen with quartz countertops, shaker-style soft-close cabinetry, and energy-efficient LED lighting.
- Prime Walkable Location
Situated in a central Simi Valley hub, the residence boasts high walkability to local dining and shopping, complemented by community amenities like a pool, playground, and neighborhood garden.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1390, living area = 1823.
- Vertical Living Constraints
The three-story layout requires frequent stair usage, with all bedrooms located on the top floor, which may not be ideal for buyers with mobility concerns or those preferring a single-level flow.
- Limited Private Outdoor Space
With a compact lot size of 1,390 sqft, the property lacks a traditional private backyard, restricting outdoor use to the second-floor balcony and shared community areas.
About 3002 Tallahassee Lane
Unique property! Thoughtfully designed three story residence in the Sycamore Grove Community. The first floor features convenient access with various entrances and a garage area. The first floor design provides an area that can be customized for a variety of uses. The second floor features an open concept living space with quartz countertops, stainless steel appliances, and shaker design soft close cabinetry. The kitchen connects to the adjoining living areas and dining area. A covered balcony with integrated LED lighting outdoor area, while a half bathroom is located near the kitchen. The third floor consists of three bedrooms and two full bathrooms. Located in a very walkable central Simi Valley location, Sycamore Grove offers convenient access to shopping, dining, and amenities steps from the front door. The Sycamore Grove community amenities include a swimming pool, playground, and neighborhood garden.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 1,390 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $135.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 2.3 |
| Square foot | 1,823 | 1,764.918 |
| Lot Size | 1,390 | 7,506.335 |
| Price | $812.0K | $856.9K |
| Price per sq ft | $445 | $487 |
| Built year | 2023 | 1970 |
| HOA | $135.0 | $164 |
| Days on market | 81 | 50 |
Pricing History
Listed for Sale
Sep 19, 2026
$812,000
$799,000
+2% Price Increase
Initial Listing
Price Change
Sep 10, 2026
$799,000
$809,000
-1% Price Drop
Initial Listing
Price Change
Sep 3, 2026
$809,000
$819,000
-1% Price Drop
Initial Listing
Price Change
Aug 27, 2026
$819,000
$829,000
-1% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$829,000
$839,000
-1% Price Drop
Initial Listing
Price Change
Aug 4, 2026
$839,000
Initial Listing
Sold
Sep 16, 2022
$725,500
Public Record