4008 Valley Fair Street Opportunity awaits with this 3 bedroom, 2 bathroom home in Simi Valley situated on a large 15, 246 sq ft lot, offering exceptional potential for buyers looking to renovate and create their dream home or for investors seeking a value-add opportunity. The home features approximately 1, 220 sq ft of living space and includes a living room with fireplace, den, kitchen, laundry room, and three bedrooms with two bathrooms. There is also an additional approximately 400 sq ft added area, offering the possibility of expanded living space. This added space could potentially be used as a future primary suite, additional living area, or flexible living space, depending on a buyer’s vision. Buyer to verify permits, square footage, and legal use of the added area. The property sits on an expansive approximately 15, 000+ sq ft lot with a drive-through driveway leading to the rear garage, providing ample room for vehicles, RV parking, recreational vehicles, or additional storage. The large backyard and lot size create opportunities for outdoor living, expansion, or future improvements. Under current California housing guidelines, residential properties may have the potential for an Accessory Dwelling Unit (ADU) and/or Junior ADU (JADU), subject to city approval and local development standards, which may provide options for multigenerational living or potential rental opportunities. This property is ideal for buyers searching for a fixer, renovation project, investment property, or home to update and customize to their personal style. With the right vision, this property offers an opportunity to transform the space while benefiting from a large residential lot and flexible layout. Located in an established Simi Valley neighborhood close to local schools, parks, shopping, dining, and commuter routes, this home offers both immediate livability and long-term potential. Buyer to verify all square footage, permits, zoning, and development possibilities with the City of Simi Valley