887 Erringer Road, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 2 bath

887 Erringer Road, Simi Valley, California 93065 home-pic-0
ACTIVE UNDER CONTRACT$649,000
887 Erringer Road, Simi Valley, California 93065
4Beds
2Baths
1,717Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($612,459.775) is $36,540.225 (5%) lower than the list price ($649,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Located in a quiet, desirable neighborhood with excellent proximity to schools, parks, shopping, and commuter access, enhancing daily convenience and lifestyle.
Top Cons:
Age and Potential System Updates: Built in 1970, the property may require updates to major systems (e.g., plumbing, electrical, HVAC) to meet modern standards and efficiency, which could incur significant costs.

Compared to the nearby listings

Price:$649.0K vs avg $852.0K ($-203,000)3%
Size:1,717 sqft vs avg 1,800 sqft45%
Price/sqft:$378 vs avg $48014%

More Insights

Built in 1970 (55 years old).
Condition: Built in 1970, this property requires substantial repairs and rehabilitation. The kitchen features very dated white tile countertops, old cabinets, and appliances that appear to be original or from a much older era. Both bathrooms are also significantly outdated with old vanities, fixtures, and lighting, and show signs of wear and poor maintenance (e.g., peeling paint). The carpets are worn, and the overall aesthetic is tired. While the structure appears sound, the major systems (HVAC, plumbing, electrical) are likely original to the 1970 build and would require extensive updates, aligning with the 'Poor' condition criteria for major component repair and substantial rehabilitation.
Year Built
1970
Close
-
List price
$649K
Original List price
$749K
Price/Sqft
$378
HOA
-
Days on market
-
Sold On
-
MLS number
225004668
Home ConditionPoor
Features
Patio
View-

About this home

Welcome to this four bedroom, two bathroom home in the heart of Simi Valley. Priced to sell, this property presents a rare opportunity with strong upside potential.Inside, the home features vaulted ceilings and an open, airy layout that creates a bright and spacious feel. The living and dining areas flow naturally into the kitchen, making the home both comfortable and practical for daily living. All four bedrooms are well-proportioned, offering plenty of flexibility for family, guests, or a home office.The private backyard provides a great setting for outdoor living, while the attached garage and driveway parking add everyday convenience.Located in a quiet, desirable neighborhood, the property is close to schools, parks, shopping, and commuter access. With just a few personal touches, this home has the potential to truly shine and become a long-term investment in one of Simi Valley's most appealing neighborhoods.

Nearby schools

4/10
Crestview Elementary School
Public,K-60.7mi
3/10
Berylwood Elementary School
Public,K-61.0mi
5/10
Madera Elementary School
Public,K-61.8mi
5/10
Hillside Middle School
Public,6-80.5mi
5/10
Sinaloa Middle School
Public,6-81.4mi
6/10
Royal High School
Public,9-120.9mi
Condition Rating
Poor

Built in 1970, this property requires substantial repairs and rehabilitation. The kitchen features very dated white tile countertops, old cabinets, and appliances that appear to be original or from a much older era. Both bathrooms are also significantly outdated with old vanities, fixtures, and lighting, and show signs of wear and poor maintenance (e.g., peeling paint). The carpets are worn, and the overall aesthetic is tired. While the structure appears sound, the major systems (HVAC, plumbing, electrical) are likely original to the 1970 build and would require extensive updates, aligning with the 'Poor' condition criteria for major component repair and substantial rehabilitation.
Pros & Cons

Pros

Prime Location & Accessibility: Located in a quiet, desirable neighborhood with excellent proximity to schools, parks, shopping, and commuter access, enhancing daily convenience and lifestyle.
Strong Investment Potential: Priced to sell with significant price reductions from its original listing, offering strong upside potential for long-term investment and appreciation in a sought-after area.
Spacious & Functional Layout: Features vaulted ceilings and an open, airy layout that creates a bright and spacious feel, with living and dining areas flowing naturally into the kitchen for comfortable daily living.
Family-Friendly Configuration: Offers four well-proportioned bedrooms providing flexibility for family, guests, or a home office, complemented by a private backyard for outdoor living.
Convenient Parking: Includes an attached garage and additional driveway parking, providing practical and everyday convenience for residents and guests.

Cons

Age and Potential System Updates: Built in 1970, the property may require updates to major systems (e.g., plumbing, electrical, HVAC) to meet modern standards and efficiency, which could incur significant costs.
Requires Cosmetic & Functional Upgrades: The description implies that 'just a few personal touches' are needed for the home to 'truly shine,' suggesting that significant cosmetic and potentially functional updates are required to modernize the interior and maximize its value.
Lack of Modern Amenities Highlighted: The listing does not highlight any recent renovations or modern amenities in key areas like the kitchen or bathrooms, which could indicate dated finishes and fixtures compared to newer homes.

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