
Simi Valley, California 93063
This Spacious Starter Home represents a Strong Value Opportunity, listed at $760,000—positioned well below the $770,166 Fair Market Value by 1.3%. This valuation gap offers $10,166 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a renovated kitchen and solar panels, though the bedroom count discrepancy requires verification. Located near Knolls Elementary and Simi Valley High, it is an ideal acquisition for first-time buyers or value-focused investors seeking a functional, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6733 Bernal Street Subject | $760,000* List Price | 2 | 2 | 1,654 | $466 | - |
A 6664 Tapley Street Sold | $750,000 | 4 | 2 | 1,554 | $483 | 0.1 mi |
B 2178 Cheam Avenue Sold | $820,000 | 3 | 2 | 1,428 | $574 | 0.3 mi |
C 6456 Menlo Street Street Sold | $849,000 | 4 | 3 | 1,866 | $455 | 0.3 mi |
D 2108 Ardenwood Sold | $899,000 | 4 | 2 | 1,612 | $558 | 0.1 mi |
E 2128 Tremont Avenue Sold | $860,000 | 4 | 2 | 1,464 | $587 | 0.1 mi |
F 2380 Homewood Avenue Sold | $930,000 | 4 | 2 | 1,756 | $530 | 0.5 mi |
G 2249 St Clair Avenue Sold | $895,100 | 4 | 2 | 1,891 | $473 | 0.9 mi |
H 2393 Shreve Avenue Sold | $867,000 | 4 | 2 | 1,756 | $494 | 0.6 mi |
I 2078 N Swindon Pending | $799,999 List Price | 4 | 2 | 1,612 | $496 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1965, the property features a renovated kitchen with stainless steel appliances, updated cabinetry, and stone countertops likely updated within the last 10-15 years. The presence of solar panels suggests system maintenance, and the home appears functional and move-in ready.
Positioned as an ideal starter home with a competitive price point for the Simi Valley market, offering a strong entry opportunity for first-time buyers in a high-demand area.
The property features a generous 1,654 square feet of living space, including a functional bonus room currently used as an office, providing essential flexibility for remote work or hobby space.
The home is conveniently located less than a mile from Knolls Elementary and within a short drive to Simi Valley High School, making it a practical and attractive choice for families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
There is a significant mismatch between the official title records (4 bedrooms/2 baths) and the actual physical layout (2 bedrooms/1.5 baths), which may complicate the appraisal and financing process.
Built in 1965 and marketed as a value-driven starter home, the property likely requires additional capital investment to update aging systems and cosmetic finishes to meet modern standards.
Great price for this Simi Valley home. Title says that the property is 4 bedrooms and 2 full bathrooms, this is actually a 2 bedroom, 1 1/2 bath home with a bonus room that the current owner is using for office space. This is the perfect starter home and the price is right! Act fast, this will not last long.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 6-8 • 3.3 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,654 | 1,657 |
| Lot Size | 6,534 | 7,405 |
| Price | $760.0K | $871.1K |
| Price per sq ft | $459 | $503 |
| Built year | 1965 | 1965 |
| HOA | $0 | $130 |
| Days on market | 2 | 53 |
Jul 20, 2026
$760,000
Initial Listing
Jan 14, 2021
$710,000
Public Record
May 13, 2005
$525,000
Public Record
Oct 20, 1999
$235,000
Public Record