NOT LISTED FOR SALE

Estimated Value: $656,000 - $752,581

3 Beds
2 Baths
1,620 Sq Ft
$440/Sq Ft Est. Value

About This Home

Opportunity awaits with this 3 bedroom, 2 bathroom home in Simi Valley situated on a large 15,246 sq ft lot, offering exceptional potential for buyers looking to renovate and create their dream home or for investors seeking a value-add opportunity. The home features approximately 1,220 sq ft of living space and includes a living room with fireplace, den, kitchen, laundry room, and three bedrooms with two bathrooms. There is also an additional approximately 400 sq ft added area, offering the possibility of expanded living space. This added space could potentially be used as a future primary suite, additional living area, or flexible living space, depending on a buyer’s vision. Buyer to verify permits, square footage, and legal use of the added area. The property sits on an expansive approximately 15,000+ sq ft lot with a drive-through driveway leading to the rear garage, providing ample room for vehicles, RV parking, recreational vehicles, or additional storage. The large backyard and lot size create opportunities for outdoor living, expansion, or future improvements. Under current California housing guidelines, residential properties may have the potential for an Accessory Dwelling Unit (ADU), subject to city approval and local development standards, which may provide options for multigenerational living or potential rental opportunities. This property is ideal for buyers searching for a fixer, renovation project, investment property, or home to update and customize to their personal style. With the right vision, this property offers an opportunity to transform the space while benefiting from a large residential lot and flexible layout. Located in an established Simi Valley neighborhood close to local schools, parks, shopping, dining, and commuter routes, this home offers both immediate livability and long-term potential. Buyer to verify all square footage, permits, zoning, and development possibilities with the City of Simi Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2023
Sold by
Grimaud Peter F
Bought by
Grimaud Family Trust and Grimaud
Current Estimated Value
$713,145

Purchase Details

Closed on
Mar 2, 2001
Sold by
Lombardo Mario and Lombardo Angela K
Bought by
Grimaud Peter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
7.75%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grimaud Family Trust -- None Listed On Document
Grimaud Peter F $237,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grimaud Peter F $189,600
Closed Grimaud Peter F $47,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2026 03/12/26 For Sale $675,000 -- $417 / Sq Ft

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,563 $357,088 $142,831 $214,257
2024 $4,563 $350,087 $140,031 $210,056
2023 $4,288 $343,223 $137,285 $205,938
2022 $4,257 $336,494 $134,594 $201,900
2021 $4,214 $329,897 $131,955 $197,942
2020 $4,118 $326,516 $130,603 $195,913
2019 $3,929 $320,115 $128,043 $192,072
2018 $3,887 $313,839 $125,533 $188,306
2017 $3,794 $307,686 $123,072 $184,614
2016 $3,621 $301,654 $120,659 $180,995
2015 $3,538 $297,125 $118,848 $178,277
2014 $3,480 $291,307 $116,521 $174,786
Source: Public Records

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