Simi Valley, CA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Simi Valley short-term rental market based on reliable data.
Listings
58 / 197
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$37,682
Middle-Earners Revenue
Occupancy
66%
Middle-Earners Occupancy
Home Value
$824,627
Median Home Sale Price
Top Earners
$75,008
Top-Earners Revenue
Simi Valley
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Simi Valley.
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Very Investor friendly
Simi Valley Regulations
Simi Valley permits STRs citywide and has postponed any ban while only requiring TOT registration—no licensing, caps, or inspections are in place yet and enforcement remains light (two complaints last year). The supportive tone and minimal current burden make it very investor-friendly, with future state requirements manageable.
Local STR Agent
STR specialist · Simi Valley, CA
About Simi Valley
Simi Valley ( ; Chumash: Shimiyi) is a city in the valley of the same name in the southeast region of Ventura County, California, United States. Simi Valley is 40 miles (65 km) from Downtown Los Angeles, making it part of the Greater Los Angeles Area. The city sits next to Thousand Oaks, Moorpark, and Chatsworth. As of the 2020 U.S. Census the population was 126,356, up from 124,243 in 2010. The city of Simi Valley is surrounded by the Santa Susana Mountains and the Simi Hills, west of the San Fernando Valley, and northeast of the Conejo Valley. It grew as a commuter bedroom community for the cities in the Los Angeles area, and the San Fernando Valley when a freeway was built over the Santa Susana Pass. The Ronald Reagan Presidential Library, where the former president was buried in 2004, is in Simi Valley. The Reagan Library has hosted Republican primary debates in 2011, 2015, and in 2023.