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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.
Property Type(s):
Single Family
| Last Updated | 5/30/2025 | Tract | custom - 4179 |
|---|---|---|---|
| Year Built | 1951 | Community | SVC - Central Simi |
| Garage Spaces | 9.0 | County | Ventura |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Gas Cooktop |
| AREA | SVC - Central Simi |
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Fireplace(s), Forced Air, Natural Gas |
| INTERIOR | Coffered Ceiling(s), Master Downstairs, Open Floorplan, Storage |
| LOT | 1.128 acre(s) |
| LOT DESCRIPTION | Back Yard, Paved |
| PARKING | Attached, Circular Driveway, Concrete, Direct Access, Garage, Garage Door Opener, Private, RV Access/Parking, Storage, Workshop in Garage |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | custom - 4179 |
Location
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Listed with Pinnacle Estate Properties, Inc.
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