3680 Alamo
Simi Valley, CA, 93063
(No pictures available yet)
$998,000
MLS: SR26092251
Beds
3
Baths
4
Sq Ft
3,440
Lot
0.36 ac
Year Built
1984
MLS #
SR26092251
Days on Market
1
Listed
May 5, 2026
Description
Huge opportunity in Simi Valley! This 3-bedroom, 3½-bath multilevel home offers approximately 3,440 sq ft of living space and sits on an expansive 15,725 sq ft lot stretching lengthwise along Alamo Street, creating incredible potential for homeowners, investors, or developers alike. This property is a fantastic fixer opportunity for someone looking to renovate and truly make a home their own. As you enter, you're welcomed by what was once a beautiful water fountain feature, now a glass enclosure that allows abundant natural sunlight into the home, along with an impressive large fireplace that creates a dramatic focal point. The spacious layout includes a dining area and separate den, offering space for entertaining, relaxing, or reimagining the layout to suit modern living. The home features a functional multilevel layout, with one upstairs bedroom offering an ensuite bathroom and a convenient half bathroom, while two downstairs bedrooms each feature their own ensuite bathrooms, providing privacy and flexibility for a variety of living arrangements. The large backyard pool offers the opportunity to create an amazing outdoor retreat, perfect for entertaining or enjoying Southern California living. The property also features a garage and extended driveway, offering ample parking. With its substantial lot, buyers may wish to explore opportunities under California SB9 regulations, which may allow additional residential units or a lot split while maintaining residential use. The property may also offer potential for expansion or redevelopment, subject to buyer verification with the City of Simi Valley regarding zoning, SB9 eligibility, and development options. Conveniently located near Highway 118 with access to Highway 23 and Interstate 5, providing connectivity throughout Ventura County, the San Fernando Valley, and Los Angeles County. Located near major healthcare facilities including Adventist Health Simi Valley Hospital and Kaiser Permanente Simi Valley Medical Offices, as well as employers such as Amgen, Simi Valley Town Center, Moorpark College, and surrounding employment hubs. Close proximity to shopping, dining, parks, and community amenities adds long-term value and convenience. Whether you're an investor searching for your next project, a builder exploring development potential, or a buyer ready to transform a fixer into something special, this property offers exceptional upside and long-term potential. Property is being sold as-is.
Location
Simi Valley, Ventura County, CA 93063
Open on Google Maps ↗Listed by: Tisha Janigian · She Is Hope Realty
Payment estimate
$7,397
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,800 · Loan: $898,200
- Principal & Interest
- $5,683
- Property tax (1.25%)
- $1,040
- Homeowners insurance
- $300
- Mortgage insurance
- $374
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 $34,930 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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★#1 Producing Individual Realtor — Antelope Valley
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