1638 Olympic Street, Simi Valley, California 93063, Simi Valley, - bed, bath

home-pic
ACTIVE$849,500
1638 Olympic Street, Simi Valley, California 93063
4Beds
2Baths
1,463Sqft
9,370Lot
Year Built
1961
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
225004946
Home ConditionGood
Features
Patio
View-

About this home

What a great find in central Simi! Don't miss this 4+2 single-story ranch home on an exceptional 9,370 sq. ft. lot with exciting ADU potential! All new paint inside and out! Newer permitted roof 2022. Plus th,ere are renovations galore! Remodeled bath and master bathroom. All tiled floors throughout. No carpet! Dual-paned windows, smoothed ceilings with LED recessed lights, ceiling fans in all bedrooms, a newer oversized air conditioner to keep you perfectly cool, and a living room fireplace to keep you toasty in winter. 2nd bedroom has an attached full bath with a shower/tub combo. The kitchen has a gas range, stainless steel dishwasher, and a built-in oven, plus lots of cabinet storage space! The family room opens to the large fenced backyard with a spacious covered patio and a lockable wrought iron gate. Imagine building your new pool that you can enjoy year round. And don't forget that ADU potential--the big bonus for future value! The front yard shines with hardscaped walkways and stacked stone dual pilasters with lighting. A two-car extra-deep garage with laundry hookups is partially drywall finished. The extra-wide driveway fits 3-cars and small RV or boat parking.

Price History

Date
Event
Price
09/30/25
Listing
$849,500
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (167 Listings)
Beds44
50%
Baths22
50%
Square foot1,4631,814
28%
Lot Size9,3707,405
76%
Price$850K$847K
50%
Price per square foot$581$471
82%
Built year19619860986
9%
HOA
Days on market36152
1%
Condition Rating
Good

Despite being built in 1961, this property has undergone extensive recent renovations, making it move-in ready. Key updates include a newer permitted roof (2022), all new interior and exterior paint, remodeled bathrooms with modern vanities and fixtures, dual-paned windows, smoothed ceilings with LED recessed lights, and a newer oversized air conditioner. The kitchen features a stainless steel dishwasher and gas range, though the cabinets and built-in oven appear to be an older style, they are functional and well-maintained. All tiled floors throughout contribute to a clean and low-maintenance interior. The property shows minimal wear and tear and major systems are functional and updated, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

ADU Potential & Large Lot: The property boasts an exceptional 9,370 sq. ft. lot with significant Accessory Dwelling Unit (ADU) potential, offering a valuable opportunity for future expansion, rental income, or multi-generational living.
Extensive Recent Renovations: The home has undergone numerous recent upgrades including a newer permitted roof (2022), new interior and exterior paint, remodeled bathrooms, dual-paned windows, smoothed ceilings with LED lighting, and a newer oversized air conditioner, ensuring a move-in ready condition.
Desirable Single-Story Layout & Modern Flooring: This 4-bedroom, 2-bath single-story ranch home features a practical layout with all tiled floors throughout, eliminating carpet and offering low maintenance and a contemporary aesthetic.
Ample Parking & Outdoor Living: The property provides generous parking with an extra-wide driveway accommodating 3 cars plus RV/boat parking, complemented by a large fenced backyard with a spacious covered patio, ideal for outdoor entertaining.
Enhanced Curb Appeal & Functional Garage: The front yard features attractive hardscaped walkways and stacked stone pilasters with lighting, while the extra-deep two-car garage includes laundry hookups and is partially drywall finished, adding to convenience and utility.

Cons

Original Construction Year: Built in 1961, despite extensive renovations, the underlying structure's age might raise questions about original plumbing, electrical systems (beyond lighting), or foundation, which are not explicitly mentioned as updated.
Potential Overpricing: The current list price of $849,500 is approximately 3% above the estimated property value of $821,438.08, which could impact market competitiveness or buyer perception.
Modest Interior Square Footage: At 1,463 sq. ft. for a 4-bedroom home, the interior living space is relatively modest, especially given the generous 9,370 sq. ft. lot, which might be a consideration for buyers seeking larger indoor areas.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State