1020 Catlin
Simi Valley, CA, 93065
$799,000
Original list price: $765,000
MLS: DW26072478
Beds
4
Baths
3
Sq Ft
2,093
Lot
2.33 ac
Year Built
1979
MLS #
DW26072478
Days on Market
38
Listed
Apr 3, 2026
Description
Exceptional 2.33-acre RM-3.7 zoned property offering a rare value-add opportunity for investors, builders, and developers. The existing residence is being sold AS-IS and requires significant renovation, making it ideal for a fix-and-flip, long-term investment, or redevelopment opportunity. The size and zoning of this parcel create exceptional future potential, subject to City approval. Buyers are advised to independently verify all zoning, density, grading, subdivision, hillside requirements, utilities, and permitted uses with the City of Simi Valley. Cash or hard money financing only. Opportunities of this size and potential are rarely available in today's market.Enjoy privacy, elevated views, and a rare oversized parcel in one of Simi Valley's most desirable locations.
Location
Simi Valley, Ventura County, CA 93065
Open on Google Maps ↗Listed by: Marvin Gomez · HomeSmart Realty Group
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,188
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $79,900 · Loan: $719,100
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,616
- Property tax (1.25%)
- $832
- Homeowners insurance
- $300
- Mortgage insurance
- $300
- HOA dues
- $140
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Simi Valley home with as little as 3.5% down using an FHA loan — roughly $27,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Simi Valley, CA 93065 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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