
Simi Valley, California 93063
This Versatile Multi-Generational Estate is a Strong Value Opportunity, listed at $1,399,000—positioned below the $1,425,696 Fair Market Value by 1%. This pricing provides $26,696 in Instant Equity. Boasting a Move-In Ready Condition Rating, the property features a renovated gourmet kitchen and a separate 1,000 sq. ft. ADU for rental income. Set on an expansive 21,910 sq. ft. lot with a private avocado orchard, it offers rare utility in the Ventura Unified district. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking independent living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4989 Cochran Street Subject | $1,399,000* List Price | 6 | 5 | 3,350 | $426 | - |
A 5054 Alta Street Sold | $1,425,000 | 6 | 3 | 3,301 | $432 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a recently renovated gourmet kitchen with updated cabinetry, granite countertops, and stainless steel appliances. The main living areas have been refreshed with modern wood-look flooring and recessed lighting, and the HVAC system is new. While some elements like the bathrooms and certain ceilings show their 1987 origins, the home is well-maintained and further enhanced by a newer 1,000 sq. ft. ADU.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21910, living area = 3350.
The property includes a fully separate 1,000 sq. ft. ADU with 2 bedrooms and 2 baths, providing an exceptional opportunity for rental income, a private home office, or multi-generational living.
Situated on a rare 21,500+ sq. ft. lot, the grounds feature a mature orchard with 18 avocado trees and various citrus, offering a serene, park-like atmosphere and significant outdoor versatility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3350, other record living area = 2350. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
Built in 1987 and featuring virtually staged photos, the interior may require additional investment in modern cosmetic upgrades to fully realize its contemporary luxury potential.
The massive lot and extensive fruit orchard require significant ongoing maintenance, irrigation, and landscaping effort to preserve the property's 'park-like' condition.
A great opportunity to purchase a property with a rare combination of space, versatility, and long-term value on an expansive 21,500+ sq. ft. lot. The main residence features 4 bedrooms and 3 bathrooms (2350 sqft), and is complemented by a fully separate 2-bedroom, 2-bath ADU (approx. 1000 sqft) with its own private entrance—perfect for extended family, rental income, or a private workspace. Step into a welcoming foyer with custom tile flooring and recessed lighting, leading into a home rich in character. The living and dining areas showcase vaulted ceilings with striking exposed wood beams, creating warmth and architectural appeal, while large windows fill the home with natural light and scenic views of the surrounding grounds. The gourmet kitchen is both functional and inviting, featuring upgraded cabinetry, granite countertops, a center island, and a bay window over the sink that provides a wide, picturesque outdoor view. A highly desirable downstairs bedroom and full bathroom offers flexibility for guests, multi-generational living, or a private office space. Relax in the inviting family room with a charming brick fireplace, or gather in the dining area with a built-in window seat—perfect for everyday living and entertaining. Recent upgrades include new air conditioning and heating systems for year-round comfort. The spacious primary suite includes a walk-in closet, along with a convenient upstairs laundry chute leading to the separate downstairs laundry room. Step outside to a private, park-like setting featuring 18 mature avocado trees, along with persimmon, Minneola orange, and Meyer lemon trees—creating a serene and productive outdoor retreat. Additional highlights include ample storage and an attached 3-car garage. Properties with this combination of land, flexibility, and income potential rarely come to market. Select interior photos of the main residence have been virtually staged to help illustrate the home’s potential and possible furniture layout. A truly special property— this is a must-see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.5 | 97% |
| Baths | 5.0 | 2.0 | 99% |
| Square foot | 3,350 | 1,736.5 | 98% |
| Lot Size | 21,910 | 6,969 | 97% |
| Price | $1.40M | $849.9K | 97% |
| Price per sq ft | $418 | $490 | 17% |
| Built year | 1987 | 1973 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 164 | 1% |
Apr 6, 2026
$1,399,000
Initial Listing