5938 Simpson Ave, Valley Village, California 91607, Valley Village, 91607 - 4 bed, 3 bath
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Valley Village, California 91607
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,249,000—positioned well below the $1,342,420 Fair Market Value by 6%. This valuation gap offers $93,420 in Instant Equity. Featuring a Mint Condition Rating, the property includes a permitted studio ADU, a sparkling pool, and high-end interior renovations. Its versatile layout and prime location near NoHo West make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused home with significant income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5938 Simpson Ave Subject | $1,249,000* List Price | 4 | 3 | 1,611 | $833 | - |
A 11750 Hatteras St Sold | $1,125,000 | 3 | 2 | 1,379 | $816 | 0.2 mi |
B 5812 Bucknell Ave Sold | $1,055,000 | 3 | 2 | 1,341 | $787 | 0.3 mi |
C 5635 Radford Sold | $1,400,000 | 4 | 3 | 1,775 | $789 | 0.4 mi |
D 11855 Tiara Street Sold | $1,380,000 | 3 | 3 | 1,863 | $741 | 0.2 mi |
E 5625 Saint Clair Avenue Sold | $1,295,000 | 3 | 2 | 1,509 | $858 | 0.8 mi |
F 5835 Radford Avenue Sold | $1,115,000 | 3 | 2 | 1,498 | $744 | 0.2 mi |
G 5515 Hermitage Active | $1,370,000 List Price | 3 | 2 | 1,649 | $831 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1943, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a remodeled artistic kitchen with modern cabinetry, updated bathrooms, recessed lighting, and refinished hardwood floors. The addition of a fully permitted, modern ADU with a mini-split system and the well-maintained pool/landscaping place this in mint, move-in-ready condition.
The property includes a fully permitted 360-square-foot studio ADU with its own kitchen, bathroom, and separate address, providing excellent potential for rental income, a guest suite, or a private home office.
The backyard features a sparkling pool surrounded by lush, mature landscaping and bougainvillea, creating a private, tranquil oasis that is highly desirable for Southern California living.
With an artistic remodeled kitchen, updated bathrooms, and rich hardwood floors, the home combines mid-century charm with contemporary finishes, complemented by a picturesque front porch and paver driveway.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1611, other record living area = 1152. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The main residence offers only 1,251 square feet for a three-bedroom layout, which may result in smaller individual bedroom sizes and limited common area space for larger families.
Built in 1943, the property may present challenges associated with older infrastructure, potentially requiring more rigorous maintenance of plumbing, electrical, or foundation systems compared to newer builds.
Welcome to this picturesque Valley Village home featuring a sparkling pool and a fully permitted studio ADU. This 4 bedroom, 3 bath property offers 1,611 square feet of living space, thoughtfully designed for versatility, comfort and style. The main home features 3 bedrooms, 2 bathrooms, and 1,251 square feet. Step onto the inviting front porch with a swing bench, surrounded by mature trees and lush greenery. The paver driveway adds to the home’s irresistible curb appeal. Inside, an open-concept living and dining area shines with a brick fireplace, fresh paint, recessed lighting, and rich hardwood floors that flow seamlessly throughout. The artistic remodeled kitchen and updated bathrooms add unique character to every corner. The spacious primary bedroom opens directly to the backyard patio and pool, perfect for relaxing or entertaining. The fully permitted 360 squared feet ADU studio offers its own kitchen, bathroom, and separate address, ideal for extended family, a home office, or possibly rental income. Modern finishes, vinyl flooring, and a mini-split system provide both style and comfort. Outside, the property is surrounded by lush, colorful landscaping, including palm trees, bougainvillea, and other vibrant greenery, creating a private and tranquil oasis in the heart of Valley Village. Close to the lively NoHo West Shopping Center, you’ll enjoy close access to Trader Joe’s, LA Fitness, cinemas, Starbucks, and an array of dining options. Don’t miss out on this unique property that combines charm, functionality, and endless possibilities for living and entertaining. This Valley Village property is more than a home, it’s a lifestyle of comfort, charm, and opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,611 | 2,204 |
| Lot Size | 6,244 | 7,802 |
| Price | $1.25M | $1.67M |
| Price per sq ft | $775 | $795 |
| Built year | 1943 | 1954 |
| HOA | $0 | $0 |
| Days on market | 13 | 46 |
Jul 9, 2026
$1,249,000
Initial Listing
Jul 21, 2009
$495,000
Public Record
Dec 26, 2003
$415,000
Public Record
Sep 5, 2002
$29,500
Public Record