
Simi Valley, California 93063
This Value-Add Residential Asset is listed at $779,000, positioned with pricing stability relative to its $766,911 Fair Market Value. With a Condition Rating of 4, the home requires cosmetic improvements but boasts a highly functional layout featuring a downstairs master bedroom and dual-pane windows. Situated on a quiet cul-de-sac in the Simi Valley Unified district, the property includes a private backyard and patio with significant potential for forced appreciation. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants looking to customize a home and build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3967 Goodwin Subject | $779,000* List Price | 4 | 3 | 1,781 | $431 | - |
A 3867 Delano Court Sold | $790,000 | 4 | 2 | 1,592 | $496 | 0.3 mi |
B 2514 Glenhurst Court Sold | $890,000 | 4 | 3 | 1,891 | $471 | 0.9 mi |
C 2060 Belgrave Court Sold | $839,000 | 5 | 3 | 1,781 | $471 | 0.3 mi |
D 2504 Abbeywood Court Sold | $718,000 | 3 | 2 | 1,754 | $409 | 1.0 mi |
E 2216 Carlsbad Court Sold | $890,000 | 4 | 3 | 2,227 | $400 | 0.4 mi |
F 3376 Elmore Street Sold | $835,100 | 4 | 3 | 1,781 | $469 | 0.7 mi |
G 3297 Elmore Active | $729,500 List Price | 3 | 2 | 1,310 | $557 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property shows a mix of updates and original elements. While the bathroom features a modern subway tile renovation and the kitchen includes stainless steel appliances, the kitchen cabinetry and flooring appear dated. The listing description explicitly mentions the home 'needs a little TLC,' which aligns with the fair condition category for homes that are functional but require cosmetic updates and show signs of age.
The home features a versatile layout with a downstairs master and guest room, plus an upstairs master and bonus area, making it ideal for multi-generational living or a home office.
Located on a quiet cul-de-sac in a wonderful neighborhood, the property offers a peaceful and safe environment with minimal through-traffic.
The installation of dual-pane windows throughout the home provides immediate value by improving energy efficiency and reducing exterior noise.
The property is noted as needing 'TLC,' indicating that buyers will likely need to invest additional capital into renovations to bring the home to modern standards.
With a lot size of 4,791 square feet, the outdoor space may feel constrained for a home designed to accommodate a large family or multiple residents.
This is actually a great 5+3 family home located in a wonderful neighborhood on a quiet cul-de-sac. Downstairs master bedroom, guest room and upstairs 2 large bedrooms with bath (another master) along with bonus area that could be game room/office. Dual pane windows throughout. This home just needs a little TLC to become a shining star. Large, private backyard and 2 car garage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 1,781 | 1,736.5 | 52% |
| Lot Size | 4,791 | 6,969 | 22% |
| Price | $779.0K | $848.4K | 23% |
| Price per sq ft | $437 | $490 | 25% |
| Built year | 1972 | 1973 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 164 | 7% |
Mar 10, 2026
$779,000
Initial Listing