Listing Courtesy of: CRMLS / Coldwell Banker Realty / Zack Saab - Contact: 310-867-9375

4051 Adam Road Simi Valley, CA 93063

Sold (4 Days)

$1,550,000

4,100

SQFT

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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.

Don't miss out on this exceptional investment opportunity in one of Simi Valley's most sought-after neighborhoods. Contact us today to schedule a viewing and explore the full potential of this unique property!

MLS #:
SR24168648

Lot Size
0.93 acres

Type
Multifamily

Year Built
1948

County
Ventura County

Community
Kadota Fig Farm

Listed By

Zack Saab, DRE #01762798 CA, Coldwell Banker Realty, Contact: 310-867-9375

Bought with
Zack Saab, DRE #01762798 CA, Coldwell Banker Realty

Source
CRMLS
Last checked Jan 15 2025 at 6:15 AM GMT+0000

Bathroom Details

Interior Features

Laundry: See Remarks

Subdivision

Kadota Fig Farm

Lot Information

Level

Utility Information

Utilities: Water Source: Public
Sewer: Public Sewer

Additional Information: Calabasas | 310-867-9375

Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.