
Simi Valley, California 93065
This Versatile Multigenerational Estate is a High-Potential Investment Opportunity, listed at $1,150,000—positioned well below the $1,296,982 Fair Market Value by 11%. This valuation gap provides $146,982 in Instant Equity. While maintaining a Condition Rating of 4, the property features a detached 1-bedroom ADU, owned solar, and a private pool and spa with mountain views. With a 5-car garage capacity and RV facilities on a half-acre lot, it offers immense utility. This is an ideal acquisition for Owner-Occupants seeking rental income or Multigenerational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3162 Anderson Drive Subject | $1,150,000* List Price | 4 | 3 | 2,672 | $485 | - |
A 3049 Reservoir Drive Sold | $1,020,000 | 3 | 2 | 1,848 | $552 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the property is well-maintained and move-in ready but retains many original or dated features. While the kitchen has been partially updated with granite countertops and stainless steel appliances, it still features older oak cabinetry and a fluorescent light box. The bathrooms, mirrored walls, and stone fireplace reflect older design trends. The home shows pride of ownership and includes high-value additions like owned solar and an ADU, but the interior requires cosmetic modernization to reach a higher condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20473, living area = 2672.
The property includes a detached 1-bedroom, 1-bath ADU and a downstairs bedroom with a full bath, providing excellent flexibility for rental income, guests, or extended family living.
With a total of five garage spaces (3-car attached and 2-car detached) plus dedicated RV parking with a dump station, this home is ideal for car enthusiasts and those with multiple recreational vehicles.
Built in 1978, the home may require cosmetic or system updates to align with modern design preferences, as the description does not specify recent interior renovations.
The combination of a sprawling half-acre lot, multiple detached structures, and a pool/spa requires significant ongoing maintenance and higher-than-average upkeep costs.
Welcome to 3162 Anderson Drive, an exceptional, one-of-a-kind property offering space, flexibility, and incredible potential lifestyle on a sprawling half-acre lot in Simi Valley.This expansive home features nearly 2,700 square feet of living space with 4 bedrooms and 3 bathrooms, including a highly desirable downstairs bedroom and full bath, perfect for guests, extended family, or a private office setup. The open-concept floor plan creates a seamless flow between the main living areas, ideal for both everyday living and entertaining, while a dedicated office off the back adds even more versatility.Upstairs, you'll find three generously sized bedrooms, highlighted by an oversized primary suite designed as a true retreat. Enjoy panoramic mountain views, a spacious en-suite bathroom, large walk-in closet, and direct access to a private balcony overlooking the expansive backyard.The outdoor space is where this property truly shines. Relax and entertain in your private backyard oasis complete with a pool and spa, all powered efficiently with owned solar. Set on approximately half an acre, the possibilities are endless, whether you need room for RVs, boats, work trucks, or recreational toys, this property delivers. Additional features include a convenient RV dump, a detached 2-car garage in the rear, and an attached 3-car garage for maximum storage and functionality.Adding even more value is the detached 1-bedroom, 1-bath ADU, perfect for rental income, multigenerational living, or a private guest house.Properties with this level of space, utility, and flexibility are incredibly rare, don't miss the opportunity to own one of Simi Valley's most versatile homes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,672 | 1,883 | 77% |
| Lot Size | 20,473 | 7,514 | 92% |
| Price | $1.15M | $882.5K | 75% |
| Price per sq ft | $430 | $476 | 27% |
| Built year | 1978 | 1976 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 173 | 1% |
Apr 17, 2026
$1,150,000
Initial Listing
Feb 1, 1995
$375,000
Public Record