Price Reduced to $949,999! This is an exceptional opportunity to own a spacious 5-bedroom, 3-bathroom residence plus a versatile bonus room—offering one of the best values on the market with the lowest price per square foot in the area.
Located in the highly desirable "The Groves" community, this home boasts a large lot with room to build a standalone ADU, maximizing investment potential. The permitted bonus room features two-sided glass doors, perfect for an ADU conversion, multi-generational living, or rental income with its own 4th bathroom!
Additional highlights include a 2-car garage with storage above, a covered patio ideal for outdoor living, dual RV access, a unique step-down living room, newer kitchen with updated appliances, and durable laminate flooring. The combination of raised foundation and slab construction adds to the home’s charm and functionality.
Enjoy a rare basement space and a fantastic location just a 2-minute walk to Lemon Park (Rancho Tapo Community Park) — with Veterans Plaza, picnic areas, and sports facilities right nearby. The property is also walking distance to shopping, dining, Regal Cinemas, and just minutes from the 118 Freeway for easy commuting.
This home is in one of the best locations in Simi Valley, offering convenience, security (near the police station), and no HOA fees.
Sold for $999,000 on 08/19/25
Listing Provided by:
Irma Morales DRE #01748405 805-813-3191,
New Beginnings Realty
Bought with: WGRES INC.
$999,000
3477 Avenida Simi Ave, Simi Valley, CA 93063
5beds
2,626sqft
Single Family Residence
Built in 1950
0.27 Acres Lot
$999,100 Zestimate®
$380/sqft
$4,841 Estimated rent
Home value
$999,100
$909,000 - $1.10M
$4,841/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 19, 2025 at 05:38pm
Listing Provided by:
Irma Morales DRE #01748405 805-813-3191,
New Beginnings Realty
Bought with:
Carina Fabian, DRE #01820392
WGRES INC.
Source: CRMLS,MLS#: SR25074122
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 5
Bathroom
- Features: Bathroom Exhaust Fan, Remodeled, Vanity
Bathroom
- Features: Jack and Jill Bath
Kitchen
- Features: Granite Counters, Remodeled, Updated Kitchen
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Features
- Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, Unfurnished, Jack and Jill Bath
- Flooring: Laminate, Tile
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Family Room, Gas
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 2,626 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Door-Single, Driveway, Garage, RV Gated, RV Access/Parking
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Patio & porch: Concrete, Patio
- Pool features: None
- Spa features: None
- Fencing: Block,Partial,Wood,Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 0.27 Acres
- Dimensions: 11918
- Features: Back Yard, Lawn, No Landscaping, Yard
Details
- Parcel number: 6110162240
- Zoning: RM-4.5
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Drywall, Frame, Stucco
- Foundation: Raised, Slab
- Roof: Tile,Wood
Condition
- Additions/Alterations,Repairs Cosmetic
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Standard, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Windows
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Curbs, Park, Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Simi Valley
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Relocation Property
- Road surface type: Alley Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2025 | Sold | $999,000+5.2%$380/sqft |
Source:  CRMLS #SR25074122 | ||
| 7/19/2025 | Contingent | $949,999$362/sqft |
Source: CRMLS #SR25074122 | ||
| 7/12/2025 | Listed for sale | $949,999$362/sqft |
Source: CRMLS #SR25074122 | ||
| 6/25/2025 | Pending sale | $949,999$362/sqft |
Source: CRMLS #SR25074122 | ||
| 5/30/2025 | Price change | $949,999-4.8%$362/sqft |
Source: CRMLS #SR25074122 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,564 +7.3% | $323,134 +2% |
| 2024 | $3,320 | $316,799 +2% |
| 2023 | $3,320 -0.4% | $310,588 +2% |
Find assessor info on the county website
Neighborhood: 93063
Nearby schools
GreatSchools rating
- 5/10Township Elementary SchoolGrades: K-6Distance: 0.9 mi
- 4/10Valley View Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Simi Valley High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$999,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$999,100