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$619,000
MLS: 226002090
Beds
4
Baths
2
Sq Ft
1,248
Lot
0.18 ac
Year Built
1962
MLS #
226002090
Days on Market
0
Listed
May 6, 2026
Description
Opportunity awaits with this 4 bedroom, 1.5 bath West Simi Valley home priced for buyers ready to create value and bring their vision to life. Whether you are an investor, first-time buyer looking for sweat equity, or someone wanting the chance to design your own dream home while saving on purchase price, this property offers outstanding potential. One of the standout features is the extra-large backyard with endless possibilities. There is plenty of room to create the ultimate outdoor lifestyle space with options for an ADU, guest house, pool, outdoor kitchen, entertaining areas, gardens, and more. The flexible floorplan includes four bedrooms with one located on the opposite side of the home, making it ideal for a private office, guest room, or future redesign possibilities. There is also potential to open walls and reimagine the layout into a larger living space or expanded dining area depending on your vision. The garage placement in line with the home creates a unique opportunity to transform the space into an extended garage lounge, workshop, or indoor-outdoor entertaining area opening toward the backyard. Conveniently located near parks, schools, shopping, and everyday amenities, this is a rare chance to secure a property with strong upside potential in West Simi Valley.
Location
Simi Valley, Ventura County, CA 93065
Open on Google Maps ↗Listed by: Jessica Schultz · eXp Realty of California Inc
Payment estimate
$4,651
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $61,900 · Loan: $557,100
- Principal & Interest
- $3,474
- Property tax (1.25%)
- $645
- Homeowners insurance
- $300
- Mortgage insurance
- $232
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 May 7, 2026
- 30-year fixed
- 6.37%
- 15-year fixed
- 5.72%
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 $21,665 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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