ActiveSingleFamilyResidence

1507 4th Street

Simi Valley, CA, 93065

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$749,000

MLS: 225005565

Beds

3

Baths

3

Sq Ft

1,497

Lot

0.16 ac

Year Built

1958

MLS #

225005565

Days on Market

113

Listed

Nov 10, 2025

Description

Exciting Opportunity! This residence boasts 3 bedrooms and 2 bathrooms in the main house, complemented by an attached studio/guest house featuring a private bath and entryway. The property brims with potential! The main house welcomes you with a cozy fireplace in the living room, adorned with wood-like flooring and vaulted ceilings. The bathrooms have been tastefully updated, and newer windows enhance the overall appeal. Step into the backyard oasis, complete with a refreshing pool, promising relaxation and enjoyment. Don't miss out on the endless possibilities this home has to offer!

Location

Simi Valley, Ventura County, CA 93065

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Listed by: Daniel Murphy · RE/MAX ONE

Payment estimate

$5,503

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $74,900 · Loan: $674,100

%
Principal & Interest
$4,142
Property tax (1.25%)
$780
Homeowners insurance
$300
Mortgage insurance
$281
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $26,215 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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