4573 Alamo Street B, Simi Valley, California 93063, Simi Valley, 93063 - 1 bed, 1 bath
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4573 Alamo Street B
Simi Valley, California 93063
ACTIVE
CONDITION: FAIR
1Beds
1Baths
531Sq Ft
531Lot Size
Property Price
LIST PRICE$325,000
EST. MARKET VALUE
$313,620
3% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $325,000, positioned slightly above the $313,620 Fair Market Value. While the property requires modernization, its Fair Condition Rating and single-story layout provide a stable foundation for value-add improvements. Key features include in-unit laundry, a private covered patio, and access to a community pool and spa. This compact, low-maintenance asset is ideal for Buy-and-Hold Investors seeking rental demand or first-time buyers looking for an accessible entry point into the Simi Valley market.
Estimated Market Value
$313,620
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 |
|---|---|---|---|---|---|---|
★ 4573 Alamo Street B Subject 1 bd · 1 ba · 531 sqft · $591 | $325,000* List Price | 1 | 1 | 531 | $591 | - |
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
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1983 (41 years old), the unit has received recent cosmetic updates including new LVP flooring and fresh paint. However, the kitchen cabinetry and bathroom fixtures appear original or significantly dated (>20 years), placing it in the fair category as it is functional but requires modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Ground-Level Accessibility
As a single-story, bottom-level unit, this property offers excellent accessibility and ease of entry, making it an ideal choice for those looking to avoid stairs.
- In-Unit Amenities
The condo features highly desirable in-unit laundry and a private covered patio, providing a level of convenience and private outdoor space often missing in smaller units.
- Comprehensive HOA Coverage
The monthly association fee includes water, trash, and insurance, alongside access to community perks like a pool and spa, offering significant value and simplified utility management.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At just 531 square feet, the compact footprint may present challenges for furniture layout and storage, potentially limiting the buyer pool to single occupants or minimalists.
- Vintage Construction
Built in 1983, the property may require cosmetic or system updates to meet modern energy efficiency standards and contemporary aesthetic preferences.
About 4573 Alamo Street B
Lovely single story, bottom level Alamo Villa condo. This home features a clean, open concept space. Unit includes one bedroom and one bathroom, in unit laundry and private covered patio space. Community offers a sparkling pool and spa, as well as many paved paths and green spaces. One dedicated covered parking spot. Water, trash & insurance included with HOA fees.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- 531 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $343.88 / 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 | 531 | 1,136.8 |
| Lot Size | 531 | 1,353.743 |
| Price | $325.0K | $485.7K |
| Price per sq ft | $612 | $450 |
| Built year | 1983 | 1985 |
| HOA | $343.88 | $462 |
| Days on market | 9 | 76 |
Pricing History
Listed for Sale
Oct 15, 2026
$325,000
Initial Listing
Sold
Jul 31, 2012
$114,000
Public Record
Sold
Jun 29, 2007
$236,000
Public Record
Sold
Mar 23, 2004
$200,000
Public Record
Sold
Aug 13, 2001
$110,000
Public Record