4051 Adam Road, Simi Valley, CA 93063
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Sold Price :
$1,550,000
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Beds :
7
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Baths :
6
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Property Size :
4,100 sqft
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Year Built :
1948
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.
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup |
| Bedroom Information |
| Bedrooms |
7 |
| Bathroom Information |
| Bathrooms |
6 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
4051 Adam Road |
| City |
Simi Valley |
| State |
CA |
| Zip |
93063 |
| County |
Ventura |
| Listing Agent |
Zack Saab DRE #01762798 |
| Courtesy Of |
Coldwell Banker Realty |
| Close Price |
$1,550,000 |
| Status |
Closed |
| Type |
Residential |
| Subtype |
Triplex |
| Structure Size |
4,100 |
| Lot Size |
40,329 |
| Year Built |
1948 |
Listing information courtesy of: Zack Saab, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 3:55 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
