Opportunity awaits at this 1931 ranch-style property offering 2,080 sq. ft. of living space with 3 or 4 bedrooms and 2.5 bathrooms, all set on a rare 24,292 sq. ft. flat lot--over half an acre--in the heart of Simi Valley. With its expansive size, unique features, and highly usable land, this property is a true contractor's, car collector's, or builder's dream. A standout feature is the oversized garage/workshop, capable of accommodating 5-8 vehicles. This versatile space also includes an office area, kitchenette with sink and counter, and its own half bathroom--ideal for projects, storage, or specialized work. Behind the garage, a covered concrete slab provides additional parking or utility space, while the gated chain-link driveway and large blacktop area offer convenient access for work trucks, RVs, or recreational vehicles. Two RV dumps add further functionality, making the property especially attractive for those with multiple vehicles, trailers, or equipment. The main house is ready for transformation--bring your contractor and creativity to unlock its full potential, with 1931 character details offering a starting point for renovation or redesign. Inside you'll find wood flooring, vintage built-ins, glass knobs, wood-beamed ceilings, a formal dining room with built-in hutch, a step-down living room with a brick fireplace, and a vaulted family room or 4th bedroom with tongue-and-groove wood ceiling. (This room has a closet and could be a 4th bedroom.) A basement with a concrete floor offers extra storage options, while three separate yard areas are enhanced by mature shade and evergreen trees. Additional elements include copper plumbing, stucco exterior, and a mix of block wall, wood, and chain-link fencing. A raised front patio and covered entry porch complete the layout. While the home requires updating, the combination of land, workshop space, and location presents exceptional potential. Don't miss this rare chance to reimagine, restore, or rebuild--opportunities like this are hard to find in today's market.