ActiveSingleFamilyResidence

1940 Arcane Street

Simi Valley, CA, 93065

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$949,000

MLS: 226002020

Beds

4

Baths

3

Sq Ft

2,482

Lot

0.17 ac

Year Built

1964

MLS #

226002020

Days on Market

6

Listed

May 1, 2026

Description

Spacious 4-bedroom, 3-bath home in Central Simi featuring a highly desirable open floor plan with one bedroom and bath with shower downstairs--ideal for guests or multi-generational living. Interior upgrades include scraped ceilings, ceiling fans in every room, recessed lighting, newer tile flooring and brand new carpet downstairs with some areas freshly painted. The fully remodeled kitchen boasts new cabinetry, granite countertops, and stainless steel appliances. Just off the dining area is an expansive family room with a wood-burning fireplace .Upstairs, the primary suite offers a generously sized bedroom, walk-in closet, and a newer installed bathroom featuring a Jacuzzi tub, large shower, and dual sinks with quartz countertops. Secondary bedrooms are also spacious and well-appointed. Downstairs a versatile den or small living area includes built-in shelving and French doors leading to a covered patio overlooking the pool--perfect for entertaining. The backyard is designed for relaxation and summer fun, complete new turf and a pool cabana/changing room. Additional highlights include central heat and air, a whole house fan, new energy efficient pool pump, new front and side gates, turf installed in the front and back for low maintenance. Ample driveway parking for up to 3 cars. Sewer line was replaced in 2020. Come and make this one your own!

Location

Simi Valley, Ventura County, CA 93065

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Listed by: Wendi Boudreau · Keller Williams Exclusive Properties

Payment estimate

$6,970

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $94,900 · Loan: $854,100

%
Principal & Interest
$5,326
Property tax (1.25%)
$989
Homeowners insurance
$300
Mortgage insurance
$356
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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 $33,215 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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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

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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.