
Simi Valley, California 93065
This property presents a High-Potential Investment Opportunity with a List Price of $720,000—positioned well below the $720,604 Fair Market Value by 0.08%. Featuring a Fair Condition Rating, the home offers a versatile floor plan with the potential to restore a third bedroom. Its large 7,405 sqft lot and proximity to top-rated schools provide significant upside for value-add renovations. This is a strategic acquisition ideal for Fix-and-Flip Investors or first-time buyers looking to build immediate equity through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 895 Appleton Road Subject 3 bd · 2 ba · 1,684 sqft · $417 | $695,000* List Price | 3 | 2 | 1,684 | $417 | - |
A 1163 Sycamore Drive Sold 4 bd · 2 ba · 1,580 sqft · $459 · 0.4 mi | $724,900 | 4 | 2 | 1,580 | $459 | 0.4 mi |
B 1520 Hilgard Avenue Sold 4 bd · 2 ba · 1,554 sqft · $485 · 0.8 mi | $753,800 | 4 | 2 | 1,554 | $485 | 0.8 mi |
C 2977 Dorham Court Sold 4 bd · 3 ba · 1,818 sqft · $433 · 0.7 mi | $787,000 | 4 | 3 | 1,818 | $433 | 0.7 mi |
D 2613 Hollister Street Sold 4 bd · 2 ba · 1,638 sqft · $433 · 0.7 mi | $710,000 | 4 | 2 | 1,638 | $433 | 0.7 mi |
E 1539 Deodora Street Sold 4 bd · 2 ba · 1,554 sqft · $514 · 0.8 mi | $799,000 | 4 | 2 | 1,554 | $514 | 0.8 mi |
F 2958 Rosette Sold 4 bd · 2 ba · 1,954 sqft · $407 · 0.4 mi | $795,000 | 4 | 2 | 1,954 | $407 | 0.4 mi |
G 960 Breton Street Sold 4 bd · 2 ba · 1,323 sqft · $491 · 0.4 mi | $650,000 | 4 | 2 | 1,323 | $491 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964, this 60-year-old property features highly dated interiors including wood paneling and a bathroom with peeling wallpaper and aged fixtures. The listing description explicitly states the home needs repairs and updating, fitting the criteria for a property over 30 years old requiring rehab.
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 a significant opportunity for buyers to build immediate equity through strategic renovations.
The current layout provides the flexibility to easily restore the third bedroom, allowing owners to customize the space to fit their specific family needs or increase market value.
The home requires immediate updates and repairs, which will necessitate additional capital investment and may deter buyers seeking a move-in-ready residence.
Built in 1964 and requiring work, the property likely features dated systems and finishes that may not meet modern efficiency or aesthetic standards.
Home needs some work. Not a total 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 | 2.3 |
| Square foot | 1,684 | 1,764.918 |
| Lot Size | 7,405 | 7,506.335 |
| Price | $695.0K | $856.9K |
| Price per sq ft | $413 | $487 |
| Built year | 1964 | 1970 |
| HOA | $0 | $164 |
| Days on market | 53 | 50 |
Oct 11, 2026
$695,000
$720,000
-3% Price Drop
Initial Listing
Sep 1, 2026
$720,000
Initial Listing