Opportunity awaits with this 3 bedroom, 2 bathroom home in Simi Valley situated on a large 15,246 sq ft lot, offering exceptional potential for buyers looking to renovate and create their dream home or for investors seeking a value-add opportunity. The home features approximately 1,220 sq ft of living space and includes a living room with fireplace, den, kitchen, laundry room, and three bedrooms with two bathrooms. There is also an additional approximately 400 sq ft added area, offering the possibility of expanded living space. This added space could potentially be used as a future primary suite, additional living area, or flexible living space, depending on a buyer’s vision. Buyer to verify permits, square footage, and legal use of the added area. The property sits on an expansive approximately 15,000+ sq ft lot with a drive-through driveway leading to the rear garage, providing ample room for vehicles, RV parking, recreational vehicles, or additional storage. The large backyard and lot size create opportunities for outdoor living, expansion, or future improvements. Under current California housing guidelines, residential properties may have the potential for an Accessory Dwelling Unit (ADU), subject to city approval and local development standards, which may provide options for multigenerational living or potential rental opportunities. This property is ideal for buyers searching for a fixer, renovation project, investment property, or home to update and customize to their personal style. With the right vision, this property offers an opportunity to transform the space while benefiting from a large residential lot and flexible layout. Located in an established Simi Valley neighborhood close to local schools, parks, shopping, dining, and commuter routes, this home offers both immediate livability and long-term potential. Buyer to verify all square footage, permits, zoning, and development possibilities with the City of Simi Valley
Single-familyProperty Type
1961Year Built
0.35 acresLot Size
$433Price/Sq.Ft.
2 car garageParking
Listed by Deborah Thuesen•DRE #02033246• eXp Realty of Greater Los Angeles, Inc.
Contact: 818-419-5262
Bought with Ana Posadas•DRE #01116069• Better Homes and Gardens Real Estate Town Center
Est. $3,483 per month, based on comparable rentals
Sale and tax history for 4008 Valley Fair St
Sale History
Tax History
Date
Event
Price
CRMLS #SR26046788
Apr 7, 2026
Sold
$702,000
$433/sq ft
Mar 20, 2026
Pending
—
Mar 20, 2026
Relisted
—
Mar 12, 2026
Listed
$675,000
$417/sq ft
Public Records
Apr 20, 2001
Sold
$237,000
$146/sq ft
Public Records
Dec 31, 1986
Sold
$95,000
$59/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,617 (+1.2%)
$473,382 + $254,898
$728,280
2024
$4,563 (+6.4%)
$142,831 + $214,257
$357,088
2023
$4,288 (+0.7%)
$140,031 + $210,056
$350,087
2022
$4,257 (+1.0%)
$137,285 + $205,938
$343,223
2021
$4,214 (+2.3%)
$134,594 + $201,900
$336,494
2020
$4,118 (+4.8%)
$131,955 + $197,942
$329,897
2019
$3,929 (+1.1%)
$130,603 + $195,913
$326,516
2018
$3,887 (+2.4%)
$128,043 + $192,072
$320,115
2017
$3,794 (+4.8%)
$123,072 + $184,614
$307,686
2016
$3,620 (+2.3%)
$123,072 + $184,614
$307,686
2015
$3,537 (+1.6%)
$120,659 + $180,995
$301,654
2014
$3,480 (+0.7%)
$116,521 + $174,786
$291,307
2013
$3,457 (+1.0%)
$116,521 + $174,786
$291,307
2012
$3,422 (+0.7%)
$115,996 + $173,997
$289,993
2011
$3,397 (+2.4%)
$113,722 + $170,586
$284,308
2010
$3,318 (−1.4%)
$111,493 + $167,242
$278,735
2009
$3,365 (+2.0%)
$109,000 + $163,000
$272,000
2008
$3,300
$110,923 + $166,388
$277,311
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.36 Acres
Year renovated
—
Sq. Ft.
1,220
Year built
1961
Style
Single Family Residential
County
Ventura County
APN
6180126155
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 24, 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.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Fire house
Golf related
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
Pull-through, Gated, Driveway - Combination, RV Access/Parking, Garage - Two Door