4591 Hempstead Street, Simi Valley, California 93063, Simi Valley, 93063 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$625,000$1,708/sqft
Est. Value: $586,169
-6%
AboveEstimate
4591 Hempstead Street, Simi Valley, California 93063
4Beds
2Baths
1,708Sqft
10,454Lot
Price Vs. Estimate
The estimated value ($586,168.605) is $38,831.395 (6%) lower than the list price ($625,000). 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 = 10454, living area = 1708.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1708, other record living area = 1612.
Compared to the nearby listings
Price:$625.0K vs avg $846.0K ($-221,000)6%
Size:1,708 sqft vs avg 1,806 sqft43%
Price/sqft:$366 vs avg $4754%
More Insights
Built in 1964 (62 years old).
Condition: Built in 1964, this property features a highly dated kitchen with original-style wood cabinets, tile countertops, and older white appliances. Both bathrooms are also significantly outdated with old vanities, tile, and wallpaper. The presence of window AC units suggests a lack of central air conditioning, indicating major system deficiencies. While some laminate flooring is present, other areas have old, stained carpet. The property requires substantial renovation and updates to its major components and aesthetics to meet modern living standards.
Year Built
1964
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
$366
HOA
-
Days on market
-
Sold On
-
MLS number
V1-33876
Home ConditionPoor
Features
Patio
View-
About this home
Great home is located in a residential area of Simi Valley and sits on a 10,454 sq. ft. lot. Inside you will find laminate flooring throughout and a living room that includes a fireplace and neighborhood views.The dining area is positioned next to the living room with lots of natural light. The kitchen features lots of counter space ideal for the chef in the family. A carpeted dining nook with French-style windows looks out onto the backyard.With four bedrooms and two full bathrooms, this home offers enough space for a variety of uses.Outside, the backyard is fairly large and open, providing room for outdoor use. A covered patio is included, along with a two-car garage for parking or storage.The home is close to local schools, parks, hiking trails, and other everyday amenities found around Simi Valley.
S
Samuel Reyna
Listing Agent
Nearby schools
6/10
Big Springs Elementary School
Public,•K-6•0.3mi
5/10
Valley View Middle School
Public,•6-8•0.4mi
6/10
Simi Valley High School
Public,•9-12•1.8mi
Condition Rating
Poor
Built in 1964, this property features a highly dated kitchen with original-style wood cabinets, tile countertops, and older white appliances. Both bathrooms are also significantly outdated with old vanities, tile, and wallpaper. The presence of window AC units suggests a lack of central air conditioning, indicating major system deficiencies. While some laminate flooring is present, other areas have old, stained carpet. The property requires substantial renovation and updates to its major components and aesthetics to meet modern living standards.
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 = 10454, living area = 1708.
Generous Lot Size: The property sits on a substantial 10,454 sq. ft. lot, offering ample outdoor space for various uses and potential expansion.
Family-Friendly Layout: With four bedrooms and two full bathrooms, the home provides sufficient space for families, complemented by a functional kitchen with abundant counter space and a cozy fireplace in the living room.
Prime Location & Accessibility: Located in a desirable residential area of Simi Valley, the home boasts excellent proximity to local schools, parks, hiking trails, and essential everyday amenities.
Strong School Ratings: The property is zoned for highly-rated public schools, including Big Springs Elementary (6/10), Valley View Middle (5/10), and Simi Valley High (6/10), all within a short distance.
Modern Interior Flooring: The interior features laminate flooring throughout, offering a contemporary aesthetic and ease of maintenance for residents.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1708, other record living area = 1612.
Property Age: Built in 1964, the home's age may suggest older systems (plumbing, electrical, HVAC) or a need for significant updates beyond cosmetic improvements to meet current standards and preferences.
Lack of Premium Views: Despite being in a residential area, the property explicitly states 'View: None' in the listing data, indicating a lack of distinctive or desirable scenic views that could enhance its value.
Dated Interior Elements: The mention of a 'carpeted dining nook' suggests some interior elements may be dated and could require renovation to align with the modern laminate flooring and overall buyer expectations.