5060 Alta Street, Simi Valley, California 93063, Simi Valley, 93063 - 2 bed, 2 bath
Loading property details...
Simi Valley, California 93063
This Multi-Unit Income Property represents a High-Potential Investment Opportunity, listed at $999,000—positioned slightly above the $955,902 Fair Market Value. While the property carries a premium, its Mint Condition Rating and unique configuration—featuring a fully renovated main house, pool house, and garage apartment—provide immediate revenue stability. With a massive 21,344 sqft lot and a private pool, this asset offers rare utility in Simi Valley. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5060 Alta Street Subject | $999,000* List Price | 2 | 2 | 1,198 | $798 | - |
A 5076 Alta Street Sold | $975,000 | 3 | 2 | 1,544 | $631 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1935, the property is listed as fully renovated and presents in mint condition. The exterior images showcase high-end updates including artificial turf, modern stamped concrete, and a well-maintained pool area, suggesting a comprehensive renovation within the last 5 years that likely extends to the interior systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 1198.
The property features three separate residences on a single lot, including a renovated main house, a pool house, and an apartment above the garage, offering exceptional rental income or multi-generational living opportunities.
Situated on a nearly half-acre lot (21,344 sqft), the property provides rare outdoor space, a swimming pool, a three-car garage, and ample parking, which are highly desirable in the Simi Valley market.
All three residences are currently tenant-occupied, which may complicate immediate possession for buyers or limit the ability to quickly adjust rents to current market rates.
With an original build date of 1935, the property may have aging underlying systems or structural elements that require more frequent maintenance compared to modern constructions.
Three residences on 1 property. All three are tenant occupied. Main house is fully renovated. 2 Bedrooms, 2 Bathrooms. Pool House/Rental under 300 Sq FtLarge 3 Car Garage with full apartment upstairs. Pool, beautiful grounds from street to back fence. Lots of parking.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,198 | 1,657 |
| Lot Size | 21,344 | 7,405 |
| Price | $999.0K | $871.1K |
| Price per sq ft | $834 | $503 |
| Built year | 1935 | 1965 |
| HOA | $0 | $130 |
| Days on market | 22 | 53 |
Jun 30, 2026
$999,000
Initial Listing
Sep 2, 2010
$300,000
Public Record