4694 Walnut, Simi Valley, California 93063, Simi Valley, 93063 - 4 bed, 2 bath
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Simi Valley, California 93063
This Single-Story Residential Asset is a High-Potential Investment Opportunity, listed at $849,999—positioned well below the $893,737 Fair Market Value by 4%. This valuation gap offers $43,738 in Instant Equity. With a Condition Rating of 3, the home is move-in ready, featuring a massive 10,890 sq. ft. lot with significant ADU potential. Located in the Simi Valley Unified district, this property balances immediate lifestyle comfort with long-term wealth building. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4694 Walnut Subject | $849,999* List Price | 4 | 2 | 1,612 | $554 | - |
A 3190 Big Springs Avenue Sold | $880,000 | 3 | 2 | 1,434 | $614 | 0.1 mi |
B 4590 Fort Worth Drive Sold | $850,000 | 4 | 2 | 1,612 | $527 | 0.4 mi |
C 2830 Dalhart Avenue Sold | $859,000 | 3 | 3 | 1,515 | $567 | 0.5 mi |
D 3008 Cisco Court Sold | $825,000 | 3 | 2 | 1,434 | $575 | 0.4 mi |
E 4591 Hempstead Street Sold | $775,200 | 4 | 2 | 1,708 | $454 | 0.4 mi |
F 4688 Fort Davis Sold | $910,000 | 4 | 2 | 1,427 | $638 | 0.2 mi |
G 4477 Hempstead Street Sold | $815,000 | 3 | 2 | 1,434 | $568 | 0.5 mi |
H 3162 Granville Avenue Sold | $850,000 | 4 | 2 | 1,891 | $449 | 0.4 mi |
I 3342 Weatherford Court Active | $979,900 List Price | 4 | 2 | 2,057 | $476 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property is well-maintained and move-in ready with significant updates including a newer roof, newer windows, and fresh vinyl plank flooring. The bathrooms have been modernized with contemporary floating vanities. While the kitchen is clean and functional with fresh paint, it retains some dated elements like tile countertops and older appliances, preventing an 'Excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1612.
The home is move-in ready with significant recent upgrades including a newer roof, windows, updated bathrooms, and fresh paint, eliminating the need for immediate post-purchase renovations.
Situated on an oversized 10,890 square foot lot, the property offers ample space for an Accessory Dwelling Unit (ADU), providing a unique opportunity for rental income or multi-generational living.
Originally built in 1964, the property may still feature some original underlying infrastructure or systems that, while maintained, lack the efficiency of modern construction.
While conveniently located near several schools, the local public school ratings (ranging from 5 to 6) may be a consideration for education-focused buyers compared to other high-performing districts.
Single-Story Simi Valley Gem with Huge Lot + ADU Potential. This 4-bedroom, 2-bathroom home in Simi Valley delivers 1,612 square feet of clean, move-in ready living — featuring vinyl plank floors throughout the common areas, updated bathrooms, newer windows, fresh interior and exterior paint. No deferred maintenance, no projects — just move in and enjoy. The attached 2-car garage adds everyday convenience, while the oversized lot is the real wildcard — large enough to accommodate an ADU, giving buyers the opportunity to add rental income, a guest house, or multi-generational living space down the road.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,612 | 1,657 |
| Lot Size | 10,890 | 7,405 |
| Price | $850.0K | $871.1K |
| Price per sq ft | $527 | $503 |
| Built year | 1964 | 1965 |
| HOA | $0 | $130 |
| Days on market | 20 | 53 |
Jul 3, 2026
$849,999
Initial Listing