
Simi Valley, California 93063
This property presents a High-Potential Investment Opportunity with a List Price of $410,000—positioned slightly above the $409,171 Fair Market Value. While the price reflects current market stability, the home’s Fair Condition Rating provides a clear path to forced appreciation through cosmetic updates. Key features include central A/C, a detached two-car garage, and a private patio. This asset is ideal for Buy-and-Hold Investors or first-time buyers looking to build value in a desirable Simi Valley location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3425 Highwood Court 146 Subject 2 bd · 2 ba · 998 sqft · $408 | $407,000* List Price | 2 | 2 | 998 | $408 | - |
A 3431 Highwood Court 136 Sold 2 bd · 2 ba · 1,046 sqft · $421 · 0.0 mi | $440,000 | 2 | 2 | 1,046 | $421 | 0.0 mi |
B 3490 Highwood Court 87 Sold 2 bd · 2 ba · 1,000 sqft · $394 · 0.1 mi | $394,000 | 2 | 2 | 1,000 | $394 | 0.1 mi |
C 3234 Darby Street 128 Sold 2 bd · 1 ba · 1,114 sqft · $319 · 0.3 mi | $355,000 | 2 | 1 | 1,114 | $319 | 0.3 mi |
D 3452 Lockwood Court 24 Active 2 bd · 2 ba · 912 sqft · $455 · 0.2 mi | $415,000 List Price | 2 | 2 | 912 | $455 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old property is dated and shows original-style finishes, particularly in the bathroom. While it features functional central A/C and some stainless appliance updates, the listing's emphasis on 'potential' and 'adding a personal touch' confirms it needs cosmetic updates and minor repairs to be modernized.
The inclusion of central A/C and a detached two-car garage provides significant functional value and convenience that is highly sought after in the Simi Valley condo market.
Priced competitively, this property serves as an ideal 'fixer-lite' opportunity, allowing buyers to build immediate sweat equity through cosmetic updates and personalized renovations.
The private patio off the kitchen enhances the living space, offering a secluded outdoor area for entertaining that distinguishes it from units with only shared common areas.
Built in 1974 and marketed as needing a 'personal touch,' the home likely requires an additional capital investment to modernize the interior finishes and systems.
The property lacks a designated view and is situated within a high-density complex, which may limit its appeal to buyers seeking privacy or aesthetic surroundings.
Welcome to Meadowbrook! This two-story home offers 2 bedrooms and 1 bathroom with a functional floor plan and plenty of potential. The kitchen features stainless steel appliances, tile flooring, and a sliding glass door leading to a private patio—ideal for relaxing or entertaining. Additional features include central A/C, a detached two-car garage, and access to a community playground. Conveniently located near shopping, dining, schools, parks, and major transportation routes. A wonderful opportunity for a buyer to add their personal touch, create a space of their own, and build value in a desirable Simi Valley location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 998 | 1,136.8 |
| Lot Size | 435 | 1,353.743 |
| Price | $407.0K | $485.7K |
| Price per sq ft | $408 | $450 |
| Built year | 1974 | 1985 |
| HOA | $343.13 | $462 |
| Days on market | 67 | 76 |
Oct 19, 2026
$407,000
$410,000
-1% Price Drop
Initial Listing
Aug 18, 2026
$410,000
Initial Listing
Nov 1, 2019
$332,000
Public Record
Nov 2, 2004
$277,000
Public Record
Aug 31, 2000
$110,500
Public Record