831 Catlin Street, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 3 bath
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831 Catlin Street
Simi Valley, California 93065
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,095Sq Ft
4,791Lot Size
Property Price
LIST PRICE$775,000
EST. MARKET VALUE
$818,877
5% BelowMARKET VALUE
SUMMARY
This 4-bedroom Single Family Residence represents a Strong Value Opportunity, listed at $775,000—positioned well below the $818,877 Fair Market Value by 5%. This valuation gap offers $43,877 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a versatile 200-square-foot enclosed patio and sits on a prime corner lot. With proximity to Madera Elementary and Royal High School, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$818,877+$43,877 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1978, the property has undergone significant cosmetic renovations including new luxury vinyl plank flooring, fresh interior paint, and updated recessed lighting. The home appears well-maintained and move-in ready, though some areas like the bathrooms retain older tile work and fixtures consistent with a mid-range refresh rather than a total gut remodel.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Bonus Space
The property includes an approximately 200-square-foot enclosed patio, offering a flexible year-round area perfect for a home office, playroom, or indoor-outdoor lounge.
- Prime Corner Lot Position
Situated on a desirable corner lot, the residence provides enhanced privacy and a more open feel compared to standard interior lots in the neighborhood.
- Significant Value Opportunity
With a substantial price reduction of $150,000 from the original list price and a highly motivated seller, this home offers a competitive entry point for a 4-bedroom property in Simi Valley.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
The property has been active for 58 days with five consecutive price drops, which may lead to a 'stale' listing perception among savvy buyers.
- Limited Outdoor Yard Space
With a lot size of 4,791 square feet for a 2,095-square-foot home, the remaining outdoor space is relatively compact, which may not appeal to buyers seeking a large backyard.
About 831 Catlin Street
Spacious & Light-Filled Corner-Lot Gem in Simi Valley! 🏡✨Motivated Seller! This recent price reduction reflects the seller's strong motivation to move. Submit your offer today.Welcome to 831 Catlin Street--a captivating residence offering the perfect blend of space, privacy, and vibrant community living. Spanning over 2,000 square feet, this light-filled home features 4 spacious bedrooms, dramatic vaulted ceilings, and a cozy gas fireplace that creates an instantly inviting atmosphere.The central kitchen flows effortlessly into the family room and opens to an exceptional bonus feature: an approximately 200-square-foot enclosed patio. This versatile, year-round space is perfect for an executive home office, an indoor-outdoor lounge, or a dedicated playroom. Upstairs, retreat to the expansive primary suite, which boasts soaring ceilings, a dual-vanity bath, and two generous closets.Positioned on a prime corner lot for maximum privacy, you are just steps away from the refreshing association pool and convenient neighborhood RV parking. Do not miss this incredible opportunity to enjoy space, flexibility, and the best of the Simi Valley lifestyle!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 4,791 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $140.0 / Month
Neighborhood Insights
Simi Valley Unified Schools
Madera Elementary School
Grades K-6 • 0.7 mi
5/10
Sinaloa Middle School
Grades 6-8 • 0.4 mi
5/10
Royal High School
Grades 9-12 • 0.6 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,095 | 1,764.918 |
| Lot Size | 4,791 | 7,506.335 |
| Price | $775.0K | $856.9K |
| Price per sq ft | $370 | $487 |
| Built year | 1978 | 1970 |
| HOA | $140.0 | $164 |
| Days on market | 65 | 50 |
Pricing History
Listed for Sale
Oct 17, 2026
$775,000
$799,000
-3% Price Drop
Initial Listing
Price Change
Sep 18, 2026
$799,000
$859,000
-7% Price Drop
Initial Listing
Price Change
Sep 5, 2026
$859,000
$899,000
-4% Price Drop
Initial Listing
Price Change
Aug 27, 2026
$899,000
$925,000
-3% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$925,000
Initial Listing
Sold
Oct 18, 2022
$650,000
Public Record