See Home Value
Simi Valley 93065
2881 Alamo Street
$1,250,000
● House - Off Market

2881 Alamo Street

Simi Valley, CA 93065
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,998 Ft²
$6,874
Est. Monthly

About This Property

Calling All Car Enthusiasts & Investors! A Rare Opportunity in Simi Valley - Expansive Lot, Multi-Use Garage, and Great Potential! This is a truly unique and versatile property offering tremendous opportunity in the heart of Simi Valley - A Car Collector's Dream! Nestled on a 1.13-acre corner lot with dual gated access, this single-story ranch-style home features 1,998 sq. ft. of living space, a massive insulated 9-car garage/workshop, and wide-open grounds filled with potential. Whether you're looking to expand, build, or simply enjoy space to grow, this property is a rare find. The home includes 2 bedrooms and 2 bathrooms, with a living room featuring a brick fireplace and real wood flooring in the entry while much of the interior has carpet. The galley-style kitchen offers tiled countertops and a dining area with backyard views. A spacious step-down family room with a bay window bench, recessed lighting, and French doors opens to the expansive backyard, while a dedicated laundry area and adjacent three-quarter bath add convenience and flexibility. What truly sets this property apart is the incredible 9-car insulated garage, ideal for car enthusiasts, contractors, or home-based businesses. The garage offers high ceilings that can accommodate a 4-post vehicle lift, 240-volt outlets for welders, an enclosed air compressor with plumbed air lines and multiple air power tool receptacles, a rear garage door for drive-through access, a workbench, attic ladder, 8-foot fluorescent lighting, and a covered work area behind the garage. Outside, the expansive lot offers tremendous development potential. With its size, layout, and access from both Alamo Street and Reservoir Drive, the property may offer possibilities for a lot split, the addition of multiple ADUs, or other creative configurations, making it a prime investment for those seeking income potential or multigenerational living options. The grounds are graced with numerous mature fruit trees including avocado, orange, lemon, loquat, grapefruit, tangelo, mulberry, peach, pomegranate, and dragon fruit. Additional exterior features include gated side 12' x 60' RV access, a circular driveway with a large parking pad, two water meters--one for the home and one for irrigation--an automatic sprinkler system (rear currently deactivated), and a SimpliSafe security system. With mostly dual-pane windows, pocket doors, a combination of raised foundation and slab construction, and ample space to expand or reimagine, this is a true opportunity property in a centrally located and highly usable Simi Valley setting. Don't miss your chance to unlock the full potential of 2881 Alamo Street--whether for personal use, development, or both. Buyer to verify any potential usage with the city.
Unit Size
1,998 Ft²
Days on Market
57 days
Land Size
1.13 acres
Price per sqft
$701
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

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Last updated: 2 years ago (CRMLS #225002672)

Price History

Date / Event Date Event Price
Jul 25, 2025 Sold
Sold
Jun 20, 2025 In contract -
In contract
May 29, 2025 Listed by Pinnacle Estate Properties, Inc. $1,399,900
Listed by Pinnacle Estate Properties, Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,646
  • Parking Space Count: 6
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,161
  • Total Building Area: 1,998
  • Gross Building Area: 1,998
  • Building Area: 1,998
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION NO 2 OF TAPO RANCH
  • Land Acres: 0000001129
  • Standard Land Use Code: 1001
  • County Land Use Code: 1110
  • Legal Description 1: REF: 008MR 021

Neighborhood

  • School District Name: Simi Valley Unified School District
  • Census Tract: 008501

Zoning

  • Zoning: RM-3

Geography

  • Assessors Map Reference: 008MR 021
  • District: 09
  • Parcel: 611-0-050-285
  • Block: 50
  • Municipality: SIMI VALLEY
  • Latitude: 34.2867
  • Longitude: -118.74

    Address

  • Full Address: 2881 Alamo St
  • Address - House Number: 2881
  • Address - Street Name: Alamo
  • Address - Suffix Type: St
  • State: CA
  • City Name: Simi Valley
  • Carrier Code: R007
  • 4-Digit Zip Code: 1312
  • Zip Code: 93065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $237,440
  • Tax Rate Code Area: 09-104

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 77
  • Final Value: 1,138,377
  • High Value: 1,338,005
  • Low Value: 938,749

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,189
  • Assessed Land Value: $39,836
  • Assessed Improvements Value: $180,353

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 1997
  • Current Sale Recording Date: Jun 18, 1997
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 97-075850

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Simi Valley


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Nearby Rentals

Unit for rent at 1654 Heywood, SIMI VALLEY, CA, 93065

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,463 ft²
1654 Heywood, SIMI VALLEY, CA, 93065 Listing by Thomas Bradley


Frequently Asked Questions

When was property at 2881 Alamo Street built and last sold?
The property at 2881 Alamo Street was built in 1951 and last sold on May 30, 1997 for $365,000.
How much is this home worth?
The estimated value of the home located at 2881 Alamo Street is $0.
What are some comparable homes to 2881 Alamo Street?
There are currently no comparable homes to 2881 Alamo Street.