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1534 Wallace Street, Simi Valley, CA 93065

$749K4bd · 2ba · 1,226 sqft
Lot 7,840 sqft•Single Family Residence•
Active
•62d on market•MLS# CV-26191222

Property Description

Welcome to this inviting Simi Valley residence, where thoughtful updates and comfortable living come together in a desirable Central Simi Valley location. This single-story home offers 3 bedrooms, 2 bathrooms, and approximately 1,226 sq. ft. of living space on a spacious lot with beautiful mountain views. Inside, enjoy high ceilings, a cozy fireplace, fresh paint, updated flooring, and modern lighting. Recent improvements include a 2023 roof, newer furnace and thermostat, and water heater. The generous lot offers exciting potential to create your ideal outdoor space and may offer ADU possibilities. An extended patio cover provides a great setting for outdoor entertaining, gatherings, and relaxing outings. The 2-car direct-access garage adds everyday convenience. Conveniently located near schools, shopping, dining, parks, and commuter routes, this home offers comfort, potential, and an excellent Central Simi Valley location.

Features & Amenities

FeeBuilt 1962

Property Details

Land Type
Fee
Year Built
1962
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
None
View
Mountain(s)
City
Simi Valley
Zip Code
93065
County
Ventura
Listed byeXp Realty of Southern Califor, Deanna Vela

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,787.35
Principal & Interest
Loan Amount
$599,200
Total Interest
$764,247
Total Payment Over 30 Years
$1,363,447
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1534 Wallace Street, Simi Valley, CA 93065

Simi Valley · Single Family Residence

$749K
Affordable Tier
Beds
4
Baths
2
Sqft
1,226
Lot
7,840 sqft
Year
1962
$/Sqft
$611
Pool: No✓
View: mountain✓
Garage: 2-car✓

Listed 3.5% below the median closed sale of $776,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $749K· $611/sqft
Total list price
Closed comps
vs closed median $776K
−$27K (−3.5%)
Active comps
vs active median $775K
−$26K (−3.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $586
+$25 (+4.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1574 Sutter AvenueSimi Valley1962421,2487,840$621$774,9991192
1277 Erringer RoadSimi Valley1962421,2268,276$591$725,00010092
1725 Hamilton StreetSimi Valley1962321,0588,000$685$725,0001390
856 Moffatt CircleSimi Valley1965421,6327,000$521$849,9002482
1260 ArcaneSimi Valley1976421,5587,840$513$799,0005380
Total: 5 · Average3.82.01,344.47,791.2$586.2$774,779.840.2
Median1,248$774,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1634 Arcane StreetSimi Valley196210/22/2026421,2487,840$779,900$780,000$6251.006296
1573 Arcane StreetSimi Valley196208/19/2026421,2487,840$773,000$776,000$6221.004293
1677 ArcaneSimi Valley196210/02/2026421,2487,840$715,000$700,000$5610.987291
1528 BodieSimi Valley196206/09/2026421,2488,276$760,000$780,000$6251.033590
1421 Lowery StreetSimi Valley196310/29/2026321,1606,969$719,999$719,999$6211.006389
Total: 5 · Average3.82.01,230.47,753$751,199.8$751,199.8$610.8—54.8
Median1,248$776,000$776,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.