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$658,000
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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.
Full Property Details
Full Property Details for 842 Ashland Ave
General
- Sold For: $658,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: V1-30876
- Added to Site: 199 day(s) ago
Interior
- Rooms/Areas: Living Room, Laundry, Kitchen, All Bedrooms Down
- Fireplace(s): None
- Appliances: Dishwasher, Gas Oven
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Open Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: RV Access/Parking
Location
- County: Ventura
- Driving Directions: Get on US-101 SFollow US-101 S and CA-23 N to E Olsen Rd in Thousand Oaks. Take exit 17 from CA-23 NTake Madera Rd to Ashland Ave in Simi Valley
Community
- Community Features: Sidewalks, Street Lights
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No One Above, No One Below
- Stories/Levels: One
- Stories Description: One
- Square Feet: 840
- Sq. Ft. Source: Public Records
- Year Built: 1979
- Year Built Source: Public Records
Lot Features
- Property View: None
- Lot Size (Acres): 0.16
- Lot Size Source: Other
- Lot Description: No Sprinklers
Financial Considerations
- Price Per Sq. Ft.: $783.33
Disclosures and Reports
- Special Conditions: Trust
Listed by eXp Realty of California Inc, Jose Luiz Morales
Sold by Romeo Echo, Edwin Salvatierra
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Schools
Schools serving 842 Ashland Ave
School District:Simi Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Arroyo Elementary School, Simi Valley, CA 225 Ulysses Street, Simi Valley, CA 93065 | K-6 | 0.7 mi |
Sinaloa Middle School 601 Royal Avenue, Simi Valley, CA 93065 | 6-8 | 0.2 mi |
Royal High School 1402 Royal Avenue, Simi Valley, CA 93065 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 842 Ashland Ave
Date
Details
Price
Change
Source
8/08/2025
Sold
$658,000
-0.3%
MLS
7/16/2025
Price Increased
$660,000
1.69%
MLS
6/30/2025
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
842 Ashland Avenue, Simi Valley, CA 93065 (MLS# V1-30876) is a Single Family property that was sold at $658,000 on August 08, 2025. Want to learn more about 842 Ashland Avenue? Do you have questions about finding other Single Family real estate for sale in West Simi? You can browse all West Simi real estate or contact a Coldwell Banker agent to request more information.

