952 Moffat Circle, Simi Valley, California 93065, Simi Valley, - bed, bath
ACTIVE$749,000
952 Moffat Circle, Simi Valley, California 93065
3Beds
2Baths
1,632Sqft
6,534Lot
Year Built
1965
Close
-
List price
$749K
Original List price
$779K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-32775
Home ConditionPoor
Features
View-
About this home
Great opportunity in a great neighborhood of Simi Valley. This home is priced to sell in the current condition. The home needs work but the effort will be worth it. The home is a 3 bedroom 2 bath with a two car garage on a corner lot. There are all kinds of potential enhancements you can make here. The home is priced to allow someone who wants to dig in and invest some time and effort into this place to have room to do so. Talk to your lender for the various programs that may work best for you.
Price History
Date
Event
Price
10/25/25
Price Change
$749,000-3.9%
10/09/25
Listing
$779,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (283 Listings) | |
|---|---|---|---|
| Beds | 3 | 4 | 36% |
| Baths | 2 | 3 | 49% |
| Square foot | 1,632 | 1,800 | 37% |
| Lot Size | 6,534 | 6,969 | 43% |
| Price | $749K | $861K | 17% |
| Price per square foot | $459 | $486.5 | 39% |
| Built year | 1965 | 9860986 | 37% |
| HOA | $264 | ||
| Days on market | 28 | 169 | 1% |
Condition Rating
Poor
Built in 1965, this property is nearly 60 years old. The kitchen features severely outdated wood cabinets, worn laminate countertops, and appliances that appear to be 20+ years old, requiring a full renovation. Crucially, one of the interior rooms shows exposed studs and subflooring, indicating significant damage (likely water-related) that necessitates substantial repairs and reconstruction before the home can be considered livable. The listing description itself confirms the property 'needs work' and requires 'time and effort,' aligning with the 'poor' condition criteria of requiring substantial repairs and rehabilitation.
Pros & Cons
Pros
Desirable Location: Situated in a 'great neighborhood of Simi Valley,' offering community appeal and potential for appreciation.
Value-Add Opportunity: Explicitly described as needing work but having 'potential enhancements,' making it attractive for buyers looking to customize and build equity.
Corner Lot Advantage: The property benefits from being on a corner lot, often providing more privacy, light, and potentially larger yard space.
Recent Price Reduction: A recent price drop from $779,000 to $749,000 indicates seller motivation and potentially better value for a buyer.
Functional Layout: A 3-bedroom, 2-bathroom configuration with a two-car garage is a highly sought-after and practical layout for families.
Cons
Significant Renovation Required: The property is explicitly stated to 'need work' and is 'priced to sell in the current condition,' implying substantial investment in time and money for repairs and upgrades.
Overpriced Relative to Market Estimation: Despite needing significant work, the current list price of $749,000 is considerably higher than the estimated market value of $645,627, suggesting it may be overvalued even as a fixer.
Lack of Premium Views: The property description explicitly states 'view: None,' which can be a drawback for buyers seeking scenic vistas in a Southern California market.