Sold for $780,000 on 08/22/23
$780,000
1427 Sorrel St, Simi Valley, CA 93065
4beds
1,247sqft
SingleFamily
Built in 1963
0.29 Acres Lot
$859,800 Zestimate®
$626/sqft
$3,985 Estimated rent
Home value
$859,800
$817,000 - $903,000
$3,985/mo
Zestimate® history
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Owner options
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What's special
A Developers Dream Property! Newly remodeled, cozy, 4 bedroom home on a quiet cul de sac with a HUGE LOT. The property features brand new kitchen cabinets, quartz countertops, brand new appliances, new a/c unit, and porcelain tile flooring throughout the house. As well as 2 car garage and custom driveway/walkway.
The property is conveniently located near schools, restaurants, shops and various modes of public transportation. The biggest equity driver is the nearly 1/2 acre worth of land, which has endless potential. Property meets qualifications for SB9 ordinance, to include but not limited to multiple homes/units/ADUs could be constructed on this lot. Additionally there is the capacity to split the lot and build multiple homes or units on each of the new subdivided lots. Permitting through the city/count for more info. Certainly worth a look for anyone looking to build and flip, or anyone looking for a large lot in general.
Additional or he dual sided RV access. There is an electrical, water and sewer easement that runs the length of the property (a significant cost reduction in ADU utility connection and easement costs).
The home has a decade plus of generating profitable rent income and is currently leased.
Please do not disturb the Tennants or otherwise request a showing of the property unless direct via Zillow FSBO application.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Tile
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 1,247 sqft
Property
Parking
- Total spaces: 11
- Parking features: Garage - Attached, Off-street
Features
- Exterior features: Stone, Stucco, Wood
- Has view: Yes
- View description: Park, Mountain
Lot
- Size: 0.29 Acres
Details
- Parcel number: 6320311075
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Composition
Condition
- Year built: 1963
Community & neighborhood
Location
- Region: Simi Valley
Other
Other facts
- Balcony
- Heating system: ForcedAir
- Laundry: In Unit
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2023 | Sold | $780,000+4%$626/sqft |
Source: Public Record | ||
| 7/28/2023 | Pending sale | $750,000$601/sqft |
Source: | ||
| 7/13/2023 | Contingent | $750,000$601/sqft |
Source: | ||
| 6/29/2023 | Price change | $750,000-42.3%$601/sqft |
Source: | ||
| 6/11/2023 | Listed for sale | $1,299,000$1,042/sqft |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,498 +244.2% | $795,600 +2% |
| 2024 | $2,760 | $780,000 +305.7% |
| 2023 | $2,760 +1.4% | $192,247 +2% |
Find assessor info on the county website
Neighborhood: 93065
Nearby schools
GreatSchools rating
- 4/10Berylwood Elementary SchoolGrades: K-6Distance: 1.1 mi
- 4/10Sinaloa Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Royal High SchoolGrades: 9-12Distance: 0.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$859,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$859,800
