
Simi Valley, California 93065
This property presents a High-Potential Investment Opportunity with a List Price of $720,000—positioned well below the $756,165 Fair Market Value by 4%. This valuation gap offers $36,165 in Instant Equity for buyers. With a Condition Rating of 4, the home requires modernization, yet the Flexible Floor Plan allows for an easy conversion back to a 3-bedroom layout. Featuring a large 7,405 sqft lot and a private patio, this is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking to build value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 895 Appleton Road Subject | $720,000* List Price | 3 | 2 | 1,684 | $449 | - |
A 1539 Deodora Street Sold | $799,000 | 4 | 2 | 1,554 | $514 | 0.8 mi |
B 1163 Sycamore Drive Sold | $724,900 | 4 | 2 | 1,580 | $459 | 0.4 mi |
C 2958 Rosette Sold | $795,000 | 4 | 2 | 1,954 | $407 | 0.4 mi |
D 1520 Hilgard Avenue Sold | $753,800 | 4 | 2 | 1,554 | $485 | 0.8 mi |
E 1161 Cavalier Avenue Sold | $824,000 | 4 | 3 | 1,769 | $466 | 0.4 mi |
F 2691 Grayson Court Sold | $790,000 | 4 | 3 | 1,958 | $403 | 0.4 mi |
G 2613 Hollister Street Sold | $710,000 | 4 | 2 | 1,638 | $433 | 0.7 mi |
H 2783 Fallon Circle Sold | $810,000 | 5 | 2 | 1,596 | $508 | 0.7 mi |
I 2884 Gardner Street Active | $819,000 List Price | 4 | 2 | 1,638 | $500 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this 60-year-old home is described as needing updating and repairs. The kitchen features dated cabinetry and older white appliances likely exceeding 20 years in age. While some interior flooring appears newer, the overall property requires modernization and minor repairs to be move-in ready, fitting the criteria for a functional but dated starter home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1684.
Priced competitively to account for necessary repairs, this property offers significant sweat equity opportunities for buyers looking to build value through renovation.
The current layout provides the unique ability to easily convert the home back into a three-bedroom residence, offering versatility to meet a growing family's needs.
The home requires updating and various repairs, which may pose a challenge for buyers seeking a move-in-ready property or those with limited renovation budgets.
Because one bedroom was opened up to the primary suite, the home currently lacks the privacy of a traditional three-bedroom layout until modifications are made.
Home needs some work. Not a totally fixer. Greater starter home. Actually 2 bedrooms ( one bedroom was opened up to the primary bedroom. ) Could be made back to 3 Bedrooms.This home has lots of potential just needs updating and some repairs. Priced to allow for repairs. Show and sell.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,684 | 1,735.527 |
| Lot Size | 7,405 | 7,383.872 |
| Price | $720.0K | $868.9K |
| Price per sq ft | $428 | $499 |
| Built year | 1964 | 1970 |
| HOA | $0 | $160 |
| Days on market | 8 | 50 |
Sep 1, 2026
$720,000
Initial Listing