3364 Greenville Avenue, Simi Valley, California 93063, Simi Valley, 93063 - 5 bed, 3 bath
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Simi Valley, California 93063
This property presents a High-Potential Investment Opportunity with a List Price of $715,000—positioned well below the $820,927 Fair Market Value by 12%. This valuation gap offers $105,927 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires a full rehab, yet features a pool, covered patio, and versatile bonus space. Located near top-rated schools in the Simi Valley Unified district, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3364 Greenville Avenue Subject | $715,000* List Price | 5 | 3 | 2,332 | $352 | - |
A 4275 Thomas Court Sold | $899,000 | 4 | 3 | 2,484 | $362 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 and explicitly described as a 'blank canvas' needing renovation. Images reveal significant deferred maintenance and unfinished projects, including missing baseboards, unpainted patches, an unfinished bathroom, and a kitchen area that appears gutted or non-functional with exposed wiring. The property requires a full rehab to address safety and aesthetic defects.
Priced as a 'blank canvas' in the desirable Texas Tract, this property offers substantial opportunity for sweat equity, allowing buyers to build immediate value through renovations.
The large room off the back of the garage includes an unfinished bathroom, providing excellent potential for a home office, art studio, or a guest suite/ADU conversion.
The property is ideally located for families, situated just around the corner from Valley View Middle School and within a 3-minute drive of Big Springs Elementary.
The home requires significant updates and repairs, which may pose a challenge for buyers seeking a move-in-ready residence or those with limited renovation budgets.
With an unfinished bathroom and needed customizations throughout, the property will require immediate capital investment and construction work post-closing.
This property is your best available, best priced opportunity to own in the desirable Texas Track of Simi Valley. The needed renovations mean that this house is a blank canvas, ready for your customization. Make it your own. Make it a perfect fit. The estimated current market value means that the opportunity for sweat equity is plentiful. When you are hosting summer holidays next to the pool under the covered patio, it will all be worth it. The large room off the back of the garage, with a large (unfinished) bathroom offers the potential for a home office, art studio, or another use. Big Springs Elementary School is only a 2-3 minute drive, and Valley View Middle School is just around the corner. For high school, choose between Simi Valley High School and Santa Susana High School's magnet programs in the areas of accelerated academics, technical arts and visual performing arts.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 6-8 • 0.1 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 89% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,332 | 1,781 | 78% |
| Lot Size | 9,147 | 6,969 | 73% |
| Price | $715.0K | $870.0K | 12% |
| Price per sq ft | $307 | $485 | 2% |
| Built year | 1964 | 1976 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 135 | 1% |
Jun 2, 2026
$715,000
Initial Listing
Nov 30, 1995
$207,000
Public Record