5888 Oak Knolls, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 2 bath
5888 Oak Knolls
Simi Valley, California 93063
Property Price
SUMMARY
Analysis of 5888 Oak Knolls, Simi Valley, California 93063 reveals a property with a current list price of $899,000, which is 8% above the estimated $826,101 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Simi Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5888 Oak Knolls Subject | $899,000* List Price | 3 | 2 | 1,598 | $517 | - |
A 5474 Geoffrey Avenue Sold | $849,750 | 3 | 2 | 1,430 | $594 | 0.8 mi |
B 2238 Connell Avenue Sold | $770,000 | 3 | 2 | 1,446 | $533 | 1.0 mi |
C 1769 Stow Street Sold | $855,000 | 4 | 3 | 1,982 | $431 | 0.6 mi |
D 5604 Bloomfield Active | $819,900 List Price | 4 | 2 | 1,464 | $560 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant modern updates, including a kitchen with stainless steel appliances, laminate flooring, and a primary suite with a stone soaking tub. Although built in 1969, the interior has been extensively renovated with contemporary finishes like recessed lighting and smooth ceilings, meeting the criteria for a well-maintained, updated home.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The property features a lower level with separate access, providing excellent versatility for rental income, multi-generational living, or a private guest suite.
- Modern Interior Upgrades
The home is move-in ready with contemporary finishes including stainless steel appliances, smooth ceilings, recessed lighting, and a primary suite featuring a stone soaking tub.
- Scenic Mountain Views
Nestled in the Santa Susana Knolls, the residence offers beautiful mountain views and a peaceful, low-maintenance backyard in a quiet, established community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1598, other record living area = 1313.
- Average School Ratings
The assigned elementary and middle schools have mid-range ratings (4-5/10), which may be a drawback for families prioritizing top-tier educational scores.
- Age of Infrastructure
Built in 1969, the property may require more frequent maintenance or updates to its original structural and mechanical systems compared to newer builds.
About 5888 Oak Knolls
Nestled in the peaceful Knolls neighborhood of Simi Valley, this versatile property offers comfort, space, and excellent income potential. The main residence features 3 bedrooms and 2 bathrooms 1598 sqft with a spacious living area, functional kitchen with stainless steel appliances, smooth ceilings, recessed lighting, and laminate flooring. The primary suite includes dual sinks and a stone soaking tub. The lower level offers additional living spaces with separate access, providing flexibility for extended family, guests, or rental opportunities. Ideal setup to live in one portion and rent the others. Enjoy a private, low-maintenance backyard with beautiful mountain views in a quiet, established community.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 5,662 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Simi Valley Unified Schools
Knolls Elementary School
Grades K-6 • 0.6 mi
Katherine Elementary School
Grades K-6 • 0.6 mi
Valley View Middle School
Grades 6-8 • 3.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,598 | 1,823 | 36% |
| Lot Size | 5,662 | 7,405 | 28% |
| Price | $899.0K | $847.0K | 59% |
| Price per sq ft | $563 | $472 | 78% |
| Built year | 1969 | 1973 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 185 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$899,000
Initial Listing
Sold
Dec 16, 2016
$505,000
Public Record
Sold
May 5, 2006
$600,000
Public Record
Sold
May 28, 2004
$476,000
Public Record