
Simi Valley, California 93065
This Prime Investment Opportunity is listed at a List Price of $754,000, positioned well below the $777,002 Fair Market Value by 2%. This valuation gap provides $23,002 in Instant Equity. Featuring a Condition Rating of 3, the home offers modernized kitchen and bath finishes alongside a flexible loft and sunroom. While minor cosmetic updates are required, the property’s prime location in the Simi Valley Unified district makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3069 Galena Avenue Subject | $760,000 | 3 | 2 | 1,465 | $530 | - |
A 2235 Clover Sold | $795,000 | 3 | 2 | 1,305 | $609 | 0.4 mi |
B 2736 Wanda Sold | $894,000 | 3 | 2 | 1,465 | $610 | 0.9 mi |
C 2783 Fallon Circle Sold | $810,000 | 5 | 2 | 1,596 | $508 | 0.8 mi |
D 1750 Pope Avenue Sold | $820,000 | 4 | 2 | 1,449 | $566 | 0.5 mi |
E 2158 Waldo Street Active Under Contract | $805,000 List Price | 3 | 2 | 1,590 | $506 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the home has undergone significant renovations within the 5-15 year range, specifically in the kitchen (quartz counters, luxury cabinets) and bathrooms (tiled showers). The addition of solar panels and a modernized fireplace surround indicates proactive maintenance, though the property requires minor cosmetic updates like paint and new flooring to be mint.
The home features high-end finishes including Quartz countertops, luxury cabinetry, and custom-tiled showers, providing immediate value in the most critical areas of the house.
With an additional upstairs loft and a sunroom, the property offers versatile square footage perfect for a home office, playroom, or creative space.
Situated on a peaceful street in Central Simi Valley, the home is conveniently located just moments from Trader Joe's, restaurants, and shopping.
The listing indicates a need for new paint and personal touches, suggesting the home is not in fully turn-key condition for immediate occupancy.
Built in 1964, the property may necessitate future investments or upgrades to older mechanical and structural systems common for homes of this age.
Opportunity knocks in this spacious 3 bedroom, 2 bath home plus additional living space in a loft and sunroom. LOCATION! Ideally located in a wonderful Simi Valley neighborhood. With some paint and a few personal touches, this home offers an excellent chance to create your vision at an attractive price. Downstairs features generously sized rooms throughout, plus an oversized upstairs loft perfect for a TV room, office, playroom, or flexible living space. The spacious kitchen features Quartz counters, luxury cabinets, and tile flooring. The bathrooms both have beautifully tiled showers and the primary step-in shower is generously sized. Enjoy the added sunroom filled with natural light and tile flooring, creating even more usable living space. Peaceful street location while being just moments from Trader Joe's, restaurants, shopping, and everyday conveniences.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,465 | 1,800 | 28% |
| Lot Size | 6,969 | 7,840 | 44% |
| Price | $760.0K | $865.0K | 22% |
| Price per sq ft | $519 | $505 | 56% |
| Built year | 1964 | 1973 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 151 | 3% |
May 15, 2026
$754,000
Initial Listing
Apr 12, 2017
$517,000
Public Record