3477 Avenida Simi, Simi Valley, CA 93063

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.