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4275 Thomas Court, Simi Valley, California 93063, Simi Valley, 93063 - 4 bed, 3 bath

4275 Thomas Court, Simi Valley, California 93063 home-pic-0
ACTIVE$899,000$2,484/sqft
Est. Value: $834,764
-7%
AboveEstimate
4275 Thomas Court, Simi Valley, California 93063
4Beds
3Baths
2,484Sqft
12,196Lot

Price Vs. Estimate

The estimated value ($834,764.09) is $64,235.91 (7%) lower than the list price ($899,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12196, living area = 2484.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2484, other record living area = 1835.

Compared to the nearby listings

Price:$899.0K vs avg $848.4K (+$50,625)61%
Size:2,484 sqft vs avg 1,808.5 sqft81%
Price/sqft:$362 vs avg $4754%

More Insights

Built in 1977 (49 years old).
Condition: Built in 1977, this property shows very few, if any, significant updates since its original construction. The kitchen features dated wood cabinets, tile countertops, older appliances, and an outdated fluorescent light panel. Bathrooms also exhibit very old fixtures, vanities, and gold-framed shower doors. The flooring includes worn, dated blue carpet and old-style linoleum/tile throughout. The listing description explicitly states it's an 'opportunity to create your dream home' and requires 'significant renovation,' which aligns with the 'Poor' condition criteria, indicating a need for substantial rehabilitation.
Year Built
1977
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$362
HOA
-
Days on market
-
Sold On
-
MLS number
SR26004966
Home ConditionPoor
Features
Patio
View-

About this home

Welcome to 4275 Thomas Court, an exceptional opportunity to create your dream home in one of Simi Valley’s most desirable neighborhoods. Situated on a quiet cul-de-sac, this property offers endless potential for renovation and customization, making it ideal for buyers with vision who want to design a home tailored to their lifestyle. The main residence features an open-concept layout complemented by high ceilings with exposed beams, providing a solid architectural foundation to reimagine and elevate with your personal style. The detached one-bedroom, 1/2 bath guest house offers private access and an en-suite walk-in closet—perfect for extended family, guests, or rental income. With the potential to convert the guest house into an ADU (buyer to verify), this property presents a rare chance to add long-term value and flexibility. Surrounded by well-kept homes and located in a sought-after area, this is a unique opportunity to renovate, invest, and live in one of Simi Valley’s most coveted communities.

M
Misak Nalbandian
Listing Agent
Condition Rating
Poor
Built in 1977, this property shows very few, if any, significant updates since its original construction. The kitchen features dated wood cabinets, tile countertops, older appliances, and an outdated fluorescent light panel. Bathrooms also exhibit very old fixtures, vanities, and gold-framed shower doors. The flooring includes worn, dated blue carpet and old-style linoleum/tile throughout. The listing description explicitly states it's an 'opportunity to create your dream home' and requires 'significant renovation,' which aligns with the 'Poor' condition criteria, indicating a need for substantial rehabilitation.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12196, living area = 2484.
Prime Location: Situated in a desirable, sought-after neighborhood on a quiet cul-de-sac, surrounded by well-kept homes in Simi Valley.
ADU/Income Potential: Features a detached one-bedroom, 1/2 bath guest house with potential for ADU conversion, offering flexibility for extended family, guests, or rental income.
Customization Opportunity: Presents an exceptional opportunity for renovation and customization, allowing buyers with vision to design a home tailored to their lifestyle.
Solid Architectural Foundation: The main residence boasts an open-concept layout with high ceilings and exposed beams, providing a strong base for modern updates.
Generous Lot Size: A substantial 12,196 sqft lot offers ample outdoor space and potential for landscaping or future expansion.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2484, other record living area = 1835.
Significant Renovation Required: The property is marketed as an 'opportunity to create your dream home,' indicating it requires substantial renovation and investment to modernize.
Age of Property: Built in 1977, the home likely has original systems and finishes that may require updating, potentially incurring additional costs for buyers.
Lack of Views: The property explicitly states 'view: None,' which might be a drawback for buyers prioritizing scenic outlooks.
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