4759 Cochran Street, Simi Valley, California 93063, Simi Valley, - bed, bath

home-pic
ACTIVE$1,599,000
4759 Cochran Street, Simi Valley, California 93063
4Beds
3Baths
1,271Sqft
45,171Lot
Year Built
1952
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25136812
Home ConditionGood
Features
Good View: Neighborhood, None
Pool
Patio
View-

About this home

ATTENTION BUILDERS! ATTENTION IVESTORS!! ATTENTION DEVELOPERS!!! Zoned RMOD5.1FC with the potential to build up to 10 residential units. Over 1 acre of completely flat usable land located in one of the most sought after areas of East Simi Valley. A true compound w/incredible potential. Privately gated w/its own long private driveway (newly paved), multiple outbuildings/parking, storage, and a charming single-story pool home that has been fully updated throughout. With 4 bedrooms and 3 bathrooms this rare property is a great potential source of income while waiting to get permits to build. Offering 4 bedrooms (3 separate entrances w/multiple living areas, 2 remodeled kitchens, remodeled bathrooms, recessed LED lighting, new light fixtures and new flooring throughout. The exterior grounds offers a sparkling pool and lounge area that is privately gated. The rest of grounds is a complete flex space that is perfectly flat, and ready for your imagination and creativity. With multiple properties being developed in the area, this incredible opportunity is waiting just for you. Close to schools, shopping, restaurants, parks, 118 Freeway access, and family entertainment, this magnificent property is truly a must see. Hurry don't wait !

Price History

Date
Event
Price
06/23/25
$1,599,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (166 Listings)
Beds44
50%
Baths32
53%
Square foot1,2711,814
16%
Lot Size45,1717,405
99%
Price$1.6M$850K
95%
Price per square foot$1,258$471
99%
Built year19521972
4%
HOA
Days on market136151
41%
Condition Rating
Good

The listing states the property has been fully updated throughout. The images show remodeled kitchens and bathrooms with modern fixtures and finishes. The flooring and lighting have also been updated. While the property was built in 1952, the extensive renovations suggest a 'good' condition score.
Pros & Cons

Pros

Development Potential: Zoned RMOD5.1FC with potential to build up to 10 residential units, offering significant development opportunities.
Large Flat Lot: Over 1 acre of completely flat, usable land, providing ample space for various development or recreational uses.
Prime Location: Located in a sought-after area of East Simi Valley, close to schools, shopping, restaurants, parks, and the 118 Freeway.
Income Potential: The existing 4-bedroom home can serve as a source of income while permits for new construction are being obtained.
Updated Home: The existing single-story pool home has been fully updated throughout, including remodeled kitchens and bathrooms.

Cons

Year Built: Built in 1952, the existing structure may require significant upgrades or renovations to meet modern standards.
Small Living Space: The existing house is only 1271 sqft, which is small compared to the lot size and may not appeal to all buyers.
Unknown Condition: While updated, the overall condition of the property and its systems (plumbing, electrical) is not explicitly stated and may require inspection.

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