1874 Hubbard Street
Simi Valley, CA, 93065
$774,000
Original list price: $899,000
MLS: 226004244
Beds
5
Baths
3
Sq Ft
1,800
Lot
0.24 ac
Year Built
1950
MLS #
226004244
Days on Market
15
Listed
Sep 12, 2026
Description
Huge price reduction signifies owners motivation to sell. Lowest priced Single family residence with an ADU in Simi Valley. Tucked away on a very spacious lot of over 10,450 square feet of versatile usage. This expansive open yard area offers unrivaled practicality. The expansive open area can easily accommodate both an RV as well as a boat; or it would suit a tradesperson who needs a lot of space to park heavy equipment and work trucks. Just the size of the lot alone makes it a rare find for the outdoor enthusiast, a business owner looking for good rental investments, or a construction owner who needs parking for heavy machinery. Zoned for high density, this property has the zoned ability to add more units; units can be legally added to in the form of another home(s) up to total residential structures of 4-5 units, -(buyer and/or buyers agent to verify this). The home itself offers boundless opportunities. Currently it has been rented as a single family residence with an ADU. The main house was rented as a 4 bedroom and two bathroom house. The ADU is a one bedroom and one bathroom simi-attached residence with it's own backyard. However, the floorplan can allow for a 3 bedroom one bathroom main house. with a back studio one bedroom one bathroom attached but separate living space. There is also a tiny living area roughly 8 feet by 6 feet. and a separate entrance from the backyard, there too, would be their own private yard space. The one bedroom one bathroom ADU also has a separate entrance, and their own backyard. There is a separate laundry room in the center of the house accessible to all units. There are many options to consider upon the current living arrangements. You also have options to build up and/or to build out. One could actually demo the entire house and build an apartment complex of up to 4-6 units,(Note: Buyer to verify). if one so chooses to invest that heavily in the form of a ground up project.From its multi-generational living options and impressive income potential, to in law quarters for an aging parent or teenage/adult son or daughter, this move in ready property represents a unique property and buying opportunity that seamlessly connects lifestyle flexibility with long term investment value.Broker and owner does not represent or guarantee the accuracy of the sqft, bedroom/bathroom count, lot size dimensions, permitted or unpermitted rooms, zoning-total units allowed, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspection and w/appropriate professionals to satisfy themselves and rely only on that. Buyer and agent to conduct their own due diligence and investigation.
Location
Simi Valley, Ventura County, CA 93065
Open on Google Maps ↗Listed by: Damian Lindo · Sunset Coast Realty
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
$6,220
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $77,400 · Loan: $696,600
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,823
- Property tax (1.25%)
- $806
- Homeowners insurance
- $300
- Mortgage insurance
- $290
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $27,090 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.
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