4569 Alamo Street B, Simi Valley, California 93063, Simi Valley, 93063 - 1 bed, 1 bath
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4569 Alamo Street B
Simi Valley, California 93063
ACTIVE
CONDITION: POOR
1Beds
1Baths
400Sq Ft
400Lot Size
Property Price
LIST PRICE$295,500
EST. MARKET VALUE
$256,647
15% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $295,500—positioned above the $256,647 Fair Market Value by 15%. While the unit requires a full rehab due to its Condition Rating of 5, the seller’s willingness to carry a 2nd trust deed provides a strategic entry point for financing. Featuring a private patio and a compact 400 sqft footprint, this asset is best suited for Buy-and-Hold Investors or first-time buyers seeking a low-capital entry into the Ventura County market.
Estimated Market Value
$256,647
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4569 Alamo Street B Subject 1 bd · 1 ba · 400 sqft · $642 | $295,500* List Price | 1 | 1 | 400 | $642 | - |
A 4545 Alamo G Sold 1 bd · 1 ba · 531 sqft · $565 · 0.0 mi | $300,000 | 1 | 1 | 531 | $565 | 0.0 mi |
B 4545 Alamo Street H Active 1 bd · 1 ba · 531 sqft · $593 · 0.0 mi | $315,000 List Price | 1 | 1 | 531 | $593 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1983 (41 years old) and appears to have original kitchen cabinetry and older appliances. Based on the criteria for age (>30 years) and the lack of visible renovations, the unit is dated and likely requires a full rehab of systems and interiors.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Positioned as the lowest-priced residential entry point in Ventura County, this property offers an unmatched opportunity for first-time buyers or investors looking for a low-capital entry into the market.
- Creative Financing Potential
The seller's willingness to carry a second trust deed to help a buyer reach 80% loan-to-value provides significant flexibility for those who may have limited down payment funds.
- Desirable Location
Located in the East Simi area of Simi Valley, the property provides a strategic suburban location with easy access to local amenities and commuting routes.
CONSRISKS & DEFICIENCIES
- Extremely Limited Square Footage
At only 400 square feet, the living space is exceptionally small, which may limit the buyer pool to single occupants and pose challenges for furniture layout and storage.
- High HOA Fees Relative to Size
The $375 monthly association fee represents a significant recurring cost for a unit of this size, which could impact the overall debt-to-income ratio for prospective buyers.
About 4569 Alamo Street B
Lowest price place to live in ventura county. Seller may carry a 2nd TD to get your buyer to 80% loan to value; be creative.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- 400 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $375.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 400 | 1,136.8 |
| Lot Size | 400 | 1,353.743 |
| Price | $295.5K | $485.7K |
| Price per sq ft | $739 | $450 |
| Built year | 1983 | 1985 |
| HOA | $375.0 | $462 |
| Days on market | 11 | 76 |
Pricing History
Listed for Sale
Oct 13, 2026
$295,500
Initial Listing
Sold
Jun 8, 2016
$180,000
Public Record
Sold
Oct 31, 2012
$62,000
Public Record
Sold
Jun 20, 1996
$40,000
Public Record