4321 Apricot Road, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 2 bath

ACTIVE$924,999
4321 Apricot Road, Simi Valley, California 93063
3Beds
2Baths
1,367Sqft
10,018Lot
Year Built
1947
Close
-
List price
$925K
Original List price
$949K
Price/Sqft
$677
HOA
-
Days on market
-
Sold On
-
MLS number
SR25189293
Home ConditionGood
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,6 Pros. Rank: price - $925.0K(65th), sqft - 1367(20th), beds - 3(44th), baths - 2(50th).
Charming Simi Valley home with ADU potential! This 3-bed, 2-bath property features a detached 2-car garage, RV/boat parking, and a spacious lot perfect for expansion. Ideal for investors or homeowners seeking flexibility and value-add opportunities.
Price History
Date
Event
Price
11/20/25
Price Change
$924,999-2.5%
08/21/25
Listing
$949,000
Condition Rating
Good
Built in 1947, this property has undergone significant recent cosmetic renovations, making it largely move-in ready. The kitchen features modern white shaker cabinets, light-colored solid surface countertops, a subway tile backsplash, stainless steel appliances, and recessed lighting. Both bathrooms are updated with modern vanities, new tile showers/tubs, and contemporary fixtures. New LVP flooring extends throughout the main living areas and bedrooms, and recessed lighting has been installed. The exterior shows fresh paint, a new paver driveway, and solar panels. While the visible elements are nearly new and meet current quality standards, the property's age suggests that underlying major systems (plumbing, electrical, HVAC) may not have been fully replaced or extensively updated, aligning with the 'Age of Property' weakness mentioned in the analysis. This prevents an 'Excellent' score, but the extensive cosmetic updates place it firmly in the 'Good' category.
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 = 10018, living area = 1367.
ADU Potential: The property explicitly offers Accessory Dwelling Unit (ADU) potential, providing a significant opportunity for rental income, multi-generational living, or increased property value.
Spacious Lot: A generous 10,018 sqft lot allows for future expansion, extensive landscaping, or the addition of outdoor amenities, enhancing lifestyle and property value.
Detached 2-Car Garage: The presence of a detached two-car garage offers versatile space for parking, storage, or potential conversion, adding flexibility for homeowners.
RV/Boat Parking: Dedicated space for RV or boat parking is a valuable and sought-after amenity, catering to specific lifestyle needs and increasing the property's appeal.
Value-Add Opportunity: The combination of ADU potential, a large lot, and an older 'charming' home presents excellent opportunities for investors or homeowners to increase property value through strategic improvements and modernization.
Cons
Age of Property: Built in 1947, the home may require significant updates to systems, infrastructure, or aesthetics to meet modern standards and preferences, potentially incurring substantial costs.
Listed Above Estimated Value: The current listing price is approximately 5% higher than the property's estimated market value, which could impact buyer perception, negotiation leverage, and financing options.
Potential for Renovation Costs: While offering value-add, the property likely requires immediate or near-term investment in renovations or upgrades to fully modernize and maximize its potential, which may not appeal to buyers seeking a move-in ready home.





