Simi Valley, CA 93063,4051 Adam Road
Simi Valley, CA 93063,4051 Adam Road
Simi Valley, CA 93063,4051 Adam Road
Simi Valley, CA 93063,4051 Adam Road
Simi Valley, CA 93063,4051 Adam Road
Simi Valley, CA 93063,4051 Adam Road
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$1,550,000

$1,550,000

Est.Price: ?

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Est. payment /mo

7 Beds

6 Baths

4,100 SqFt


SOLD DATE : 09/10/2024

Key Details

Sold Price $1,550,000

Property Type Condo

Listing Status Sold

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $378

MLS Listing ID SR24169589

Sold Date 09/10/24

Style All Other Attached

Bedrooms 7

Full Baths 6

HOA Y/N No

Year Built 1948

Lot Size 0.926 Acres

Acres 0.9258

Property Description

Unlock the full potential of this rare investment opportunity in West Simi Valley! Nestled on a vast 40,329 square foot flat lot, this 5-unit property is perfect for investors, developers or buyers looking to capitalize on its prime location and expansive space. 5 Spacious Units that are ideal for generating consistent rental income. 3 units are fully permitted, and 2 units have the potential for future legalization or reconfiguration. Buyer to do their due diligence regarding the unpermitted units. Each unit offers comfortable living spaces with the comforts of individuality and independence from its neighbor by each offering their own laundry facilities and cooling systems. The massive lot is flat and provides ample space for future development, whether you envision adding more units, creating outdoor amenities, or expanding current structures. Located in the desirable West Simi Valley area, this property is close to shopping centers, schools, parks, and major transportation routes making it highly attractive to tenants. With its upgraded copper plumbing, spacious lot, and income-generating units, this property is a must-see for investors or buyers looking to expand their portfolio in a thriving area.
Unlock the full potential of this rare investment opportunity in West Simi Valley! Nestled on a vast 40,329 square foot flat lot, this 5-unit property is perfect for investors, developers or buyers looking to capitalize on its prime location and expansive space. 5 Spacious Units that are ideal for generating consistent rental income. 3 units are fully permitted, and 2 units have the potential for future legalization or reconfiguration. Buyer to do their due diligence regarding the unpermitted units. Each unit offers comfortable living spaces with the comforts of individuality and independence from its neighbor by each offering their own laundry facilities and cooling systems. The massive lot is flat and provides ample space for future development, whether you envision adding more units, creating outdoor amenities, or expanding current structures. Located in the desirable West Simi Valley area, this property is close to shopping centers, schools, parks, and major transportation routes making it highly attractive to tenants. With its upgraded copper plumbing, spacious lot, and income-generating units, this property is a must-see for investors or buyers looking to expand their portfolio in a thriving area.

Location

State CA

County Ventura

Area Simi Valley (93063)

Interior

Cooling Central Forced Air

Fireplaces Type FP in Living Room

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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San Diego Regional MLS (SDMLS)
Listed by Zack Saab • Coldwell Banker Realty
Bought with Zack Saab • Coldwell Banker Realty
agent-avatar

+1(619) 606-0700

jay@theleehometeam.com

2015 Birch Rd. Ste 1009., Vista, CA, 91915

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