Price Reduced to $949,999! This is an exceptional opportunity to own a spacious 5-bedroom, 3-bathroom residence plus a versatile bonus room—offering one of the best values on the market with the lowest price per square foot in the area. Located in the highly desirable "The Groves" community, this home boasts a large lot with room to build a standalone ADU, maximizing investment potential. The permitted bonus room features two-sided glass doors, perfect for an ADU conversion, multi-generational living, or rental income with its own 4th bathroom! Additional highlights include a 2-car garage with storage above, a covered patio ideal for outdoor living, dual RV access, a unique step-down living room, newer kitchen with updated appliances, and durable laminate flooring. The combination of raised foundation and slab construction adds to the home’s charm and functionality. Enjoy a rare basement space and a fantastic location just a 2-minute walk to Lemon Park (Rancho Tapo Community Park) — with Veterans Plaza, picnic areas, and sports facilities right nearby. The property is also walking distance to shopping, dining, Regal Cinemas, and just minutes from the 118 Freeway for easy commuting. This home is in one of the best locations in Simi Valley, offering convenience, security (near the police station), and no HOA fees.
Single-familyProperty Type
1950Year Built
0.27 acresLot Size
$445Est. Price/Sq.Ft.
2 car garageParking
Listed by Irma Morales•DRE #01748405• New Beginnings Realty
Contact: 805-813-3191
Bought with Carina Fabian•DRE #01820392• WGRES INC.
Unique custom home located in The Groves neighborhood in central Simi Valley, featuring an open floor plan with a large step-down living room with a lighted ceiling fan and a door to the side patio area, an open dining area, 5 bedrooms, 4 bathrooms, a side patio with concrete area in addition to an enclosed patio room. Other features include laminate flooring throughout most of the home, kitchen granite countertops and double oven, a two-car garage, possible RV access. Lots of deferred maintenance and LOTS OF POTENTIAL! Walking distance to Lemon Park featuring walking paths, playgrounds, BBQ areas and sport courts.
Public Records
Nov 5, 1987
Sold
$155,000
$59/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,564 (+1.1%)
$93,541 + $229,593
$323,134
2024
$3,524 (+6.1%)
$93,541 + $229,593
$323,134
2023
$3,320 (−0.4%)
$91,707 + $225,092
$316,799
2022
$3,333
$89,909 + $220,679
$310,588
2021
$3,331 (+1.6%)
$88,147 + $216,352
$304,499
2020
$3,280 (+4.5%)
$86,419 + $212,110
$298,529
2019
$3,137 (+0.3%)
$85,534 + $209,936
$295,470
2018
$3,127 (+1.9%)
$83,857 + $205,820
$289,677
2017
$3,069 (+4.4%)
$80,601 + $197,829
$278,430
2016
$2,939 (+1.6%)
$80,601 + $197,829
$278,430
2015
$2,892 (+0.9%)
$79,021 + $193,950
$272,971
2014
$2,866 (+0.7%)
$76,311 + $187,297
$263,608
2013
$2,846 (+1.6%)
$76,311 + $187,297
$263,608
2012
$2,800 (+2.8%)
$75,967 + $186,451
$262,418
2011
$2,724 (+1.0%)
$74,478 + $182,796
$257,274
2010
$2,697
$73,018 + $179,212
$252,230
2009
$2,695 (+2.2%)
$72,473 + $177,874
$250,347
2008
$2,636
$72,647 + $178,298
$250,945
Tax history for 3477 Avenida Simi
Year
Property tax
Land + Additions
Assessment*
2025
$3,564 (+1.1%)
$93,541 + $229,593
$323,134
2024
$3,524 (+6.1%)
$93,541 + $229,593
$323,134
2023
$3,320 (−0.4%)
$91,707 + $225,092
$316,799
2022
$3,333
$89,909 + $220,679
$310,588
2021
$3,331 (+1.6%)
$88,147 + $216,352
$304,499
2020
$3,280 (+4.5%)
$86,419 + $212,110
$298,529
2019
$3,137 (+0.3%)
$85,534 + $209,936
$295,470
2018
$3,127 (+1.9%)
$83,857 + $205,820
$289,677
2017
$3,069 (+4.4%)
$80,601 + $197,829
$278,430
2016
$2,939 (+1.6%)
$80,601 + $197,829
$278,430
2015
$2,892 (+0.9%)
$79,021 + $193,950
$272,971
2014
$2,866 (+0.7%)
$76,311 + $187,297
$263,608
2013
$2,846 (+1.6%)
$76,311 + $187,297
$263,608
2012
$2,800 (+2.8%)
$75,967 + $186,451
$262,418
2011
$2,724 (+1.0%)
$74,478 + $182,796
$257,274
2010
$2,697
$73,018 + $179,212
$252,230
2009
$2,695 (+2.2%)
$72,473 + $177,874
$250,347
2008
$2,636
$72,647 + $178,298
$250,945
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
—
Sq. Ft.
2,626
Year built
1950
Style
Single Family Residential
County
Ventura County
APN
6110162240
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RM
Residential Medium Density District
The RM zoning district is intended to provide for a suburban single-family residential environment with a range of parcel sizes and some clustering of parcels. The residential density in this zoning district may range from 3.6 to 5.0 units per acre. The maximum density is one dwelling per lot.