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842 Ashland Ave, Simi Valley, CA 93065

Sale Price: $658,000
Jun 30, 2025840 sqft2 beds1 baths
Listed by: Jose Luiz Morales
License #: 01891119
Phone #: (805) 228-4671
eXp Realty of California Inc
Source:
CRMLS Logo
MLS #: V1-30876

Property Description

Amazing opportunity for investors and homeowners alike! This centrally located 2-bedroom, 1-bath single-family home sits on a spacious lot and offers incredible potential to expand into a 4-unit property. Keep the existing home as your main residence and take advantage of the space to add a Junior ADU, convert the detached garage into a full ADU, and build an additional 800-square-foot detached ADU in the rear. Perfect for generating rental income, multigenerational living, or long-term value growth. The property is ideally located close to schools, shopping centers, restaurants, and daily conveniences, making it attractive to both renters and future buyers. Whether you're looking for your next development project or a home with major upside, this is a rare chance to turn one property into four valuable units. Buyer to verify all building and zoning requirements.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,614

TurboHome Estimated Value

$683,800

$814 sqft

High Valuation
$717,990
$855/sqft
Normal Valuation
$683,800
$814/sqft
Low Valuation
$649,610
$773/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$814/sqft$683,800

Neighborhood

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Comparative Value

$450K

$658K

$770K

$817K

1246 Patricia Ave 28, Simi Valley, CA 93065

Sale Price: $450,000

Selected Comparable

842 Ashland Ave, Simi Valley, CA 93065

Sale Price: $658,000

Selected Comparable

842 Ashland Ave, Simi Valley, CA 93065

List Price: $660,000

Subject Property

1664 Pride St, Simi Valley, CA 93065

Sale Price: $770,000

Selected Comparable

775 Ashland Ave, Simi Valley, CA 93065

Sale Price: $780,000

Selected Comparable

1607 Bodie Ave, Simi Valley, CA 93065

Sale Price: $817,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
842 Ashland Ave, Simi Valley, CA 93065

842 Ashland Ave, Simi Valley, CA 93065

List: $660,000

Listed: 6/30/2025

Area:840 sqft
Price/sqft:$786
Beds:2
Baths:1
Year Built:
Lot Size:6,969

Comparable Properties

COMPARABLE
Choose comps
842 Ashland Ave, Simi Valley, CA 93065

842 Ashland Ave, Simi Valley, CA 93065

Sale: $658,000

8/8/20250.00 mi

Area:840 sqft
Price/sqft:$783
Beds:2
Baths:1
Year Built:
Weight:33.0%
1246 Patricia Ave 28, Simi Valley, CA 93065

1246 Patricia Ave 28, Simi Valley, CA 93065

Sale: $450,000

2/27/20250.40 mi

Area:1,084 sqft
Price/sqft:$415
Beds:2
Baths:2
Year Built:
Weight:20.3%
1664 Pride St, Simi Valley, CA 93065

1664 Pride St, Simi Valley, CA 93065

Sale: $770,000

5/22/20250.41 mi

Area:1,049 sqft
Price/sqft:$734
Beds:3
Baths:2
Year Built:
Weight:16.7%
775 Ashland Ave, Simi Valley, CA 93065

775 Ashland Ave, Simi Valley, CA 93065

Sale: $780,000

4/24/20250.06 mi

Area:1,120 sqft
Price/sqft:$696
Beds:3
Baths:2
Year Built:
Weight:15.7%
1607 Bodie Ave, Simi Valley, CA 93065

1607 Bodie Ave, Simi Valley, CA 93065

Sale: $817,000

12/3/20241.02 mi

Area:1,032 sqft
Price/sqft:$792
Beds:3
Baths:2
Year Built:
Weight:14.4%

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