1638 Olympic Street
Simi Valley, CA, 93063
(No pictures available yet)
$849,000
MLS: 226002000
Beds
4
Baths
2
Sq Ft
1,463
Lot
0.22 ac
Year Built
1961
MLS #
226002000
Days on Market
7
Listed
May 1, 2026
Description
This homes checks all the boxes, and then some! An upodated home on a huge ~ 9,370 sq ft lot in central Simi Valley, offering the freedom to build a pool, expand the home, or add an ADU for income or multigenerational living. The property provides room to adapt, whether that means future expansion, outdoor upgrades, or additional living space.Behind the scenes, one of the biggest long-term improvements is already done. Thousands of dollars were just invested to replace the majority of the original cast-iron sewer lines with modern ABS, giving buyers confidence and eliminating a major future expense.The home is move-in ready with fresh interior and exterior paint and a newer permitted roof installed in 2022. The single level floor plan includes four bedrooms and two bathrooms, featuring updated hall and primary baths, smooth ceilings with recessed LED lighting, dual paned windows, and tiled flooring throughout. The design is practical, cohesive, and easy to maintain. A living room fireplace adds warmth, while an oversized air conditioner and ceiling fans in all bedrooms support year round comfort. One secondary bedroom includes an attached full bath with a shower tub combo, offering useful flexibility for guests, older children, or extended family.The kitchen features a gas range, built in oven, stainless steel dishwasher, and ample cabinet storage. It opens to the family room, creating a natural and usable flow for everyday living.The depth and width of the backyard create real flexibility, with room for a pool, expanded living space, a home garden, or potential ADU additions. It is a lot designed to adapt over time rather than dictate a single outcome. A spacious covered patio and full fencing make the yard immediately usable while still leaving plenty of space for future plans.Curb appeal is enhanced by hardscaped walkways and stacked stone pilasters with integrated lighting. The two car extra deep garage includes laundry hookups and partial drywall finish. An extra wide driveway accommodates three vehicles, with additional space for possible small RV or boat parking.This is a home with solid upgrades, a flexible footprint, and a lot that supports long term plans.
Location
Simi Valley, Ventura County, CA 93063
Open on Google Maps ↗Listed by: Holbrook Realty Group · Keller Williams Westlake Village
Payment estimate
$6,337
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $84,900 · Loan: $764,100
- Principal & Interest
- $4,835
- Property tax (1.25%)
- $884
- Homeowners insurance
- $300
- Mortgage insurance
- $318
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 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $29,715 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.
Similar Homes Nearby
Active and pending listings in ZIP 93063 (Simi Valley)within ±10% of this home's price and size.
(No photos yet)
$769,000
6078 Peppertree Lane
Simi Valley, 93063
$775,000
4591 Hempstead Street
Simi Valley, 93063
$779,900
3493 Amarillo Avenue
Simi Valley, 93063
$785,000
1744 Empty Saddle
Simi Valley, 93063
$795,000
2304 Workman
Simi Valley, 93063
$795,000
2326 Gloryette Avenue
Simi Valley, 93063
Local Market Stats
See Simi Valley, CA 93063 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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.