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469 Aristotle Street, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 3 bath

469 Aristotle Street, Simi Valley, California 93065 home-pic-0
ACTIVE$789,900
469 Aristotle Street, Simi Valley, California 93065
4Beds
3Baths
1,725Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($753,193.16) is $36,706.84 (4%) lower than the list price ($789,900). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location: Situated in a 'great neighborhood' in Simi Valley, offering community appeal and convenient access to local amenities.
Top Cons:
Backyard Requires Investment: The 'very private backyard just waiting to be reimagined' indicates a need for significant landscaping or renovation to maximize its potential and appeal.

Compared to the nearby listings

Price:$789.9K vs avg $852.0K ($-62,100)33%
Size:1,725 sqft vs avg 1,800 sqft45%
Price/sqft:$458 vs avg $48040%

More Insights

Built in 1963 (62 years old).
Condition: Built in 1963, the property benefits from recent cosmetic updates like fresh interior paint, dual-pane windows, and smooth ceilings. However, the kitchen and bathrooms are significantly outdated, featuring older white cabinets, basic appliances, linoleum/vinyl flooring, dated vanities, brass-colored fixtures, and fluorescent lighting. While functional and appearing clean, these key areas require substantial renovation to meet current aesthetic and quality standards. The property is aged but maintained, with major components showing signs of being outdated rather than being in disrepair.
Year Built
1963
Close
-
List price
$790K
Original List price
$850K
Price/Sqft
$458
HOA
-
Days on market
-
Sold On
-
MLS number
225002472
Home ConditionFair
Features
Patio
View-

About this home

Welcome to this Simi Valley Two Story home located in a great neighborhood. Offering 4 bedrooms (Could be 5 bedrooms with large upstairs Jack and Jill bedroom that can be 2 rooms), 2.5 bathrooms and 1,725 square feet of comfortable living space, and situated on a nice sized lot. Boasting all new fresh interior paint, dual pane windows throughout most of the home, smooth ceilings and a convenient direct access 2 car garage. An abundance of natural light flows through the living room and dining area, that overlook a bright kitchen with breakfast area - blending convenience and functionally together. There is a main level guest bathroom and all the bedrooms are ample in sized, and there is an en suite primary bedroom. Step outside to a very private backyard just waiting to be reimagined. Additional amenities include: Central air & heat and long driveway offering extra parking. Don't miss out on the chance to make this one yours today!

Condition Rating
Fair
Built in 1963, the property benefits from recent cosmetic updates like fresh interior paint, dual-pane windows, and smooth ceilings. However, the kitchen and bathrooms are significantly outdated, featuring older white cabinets, basic appliances, linoleum/vinyl flooring, dated vanities, brass-colored fixtures, and fluorescent lighting. While functional and appearing clean, these key areas require substantial renovation to meet current aesthetic and quality standards. The property is aged but maintained, with major components showing signs of being outdated rather than being in disrepair.
Pros & Cons

Pros

Desirable Location: Situated in a 'great neighborhood' in Simi Valley, offering community appeal and convenient access to local amenities.
Recent Interior Updates: Boasts 'all new fresh interior paint, dual pane windows throughout most of the home, and smooth ceilings,' enhancing its move-in readiness and energy efficiency.
Flexible Living Space: Offers a versatile 4-bedroom layout with the potential to convert a large Jack and Jill bedroom into a 5th bedroom, accommodating various family needs.
Essential Modern Comforts: Equipped with 'Central air & heat,' a 'direct access 2-car garage,' and a 'long driveway for extra parking,' providing practical amenities for daily living.
Abundant Natural Light: The living room and dining area benefit from 'an abundance of natural light,' creating a bright and inviting atmosphere throughout the main living spaces.

Cons

Backyard Requires Investment: The 'very private backyard just waiting to be reimagined' indicates a need for significant landscaping or renovation to maximize its potential and appeal.
Potential for Older Systems: Built in 1963, while some cosmetic updates are present, other major systems (e.g., plumbing, electrical, roof) may be original or older, potentially requiring future maintenance or upgrades.
Pricing Strategy & Market Alignment: Multiple price reductions and a current list price significantly above the estimated property value (-18% estimation ratio) suggest potential overpricing or market resistance.

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