ActiveSingleFamilyResidence

1634 Arcane Street

Simi Valley, CA, 93065

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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

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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
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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

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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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.