875 E Los Angeles Avenue, Simi Valley, CA 93065

$2,999,999
8,445
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Agent Deserie Boutell () (805) 501-8275 RE/MAX ONE; CoList ()

List Price
$2,999,999
Status
ACTIVE
MLS#
226002612
Year Built
1961
Living Sq. Ft
8,445
Lot Size
30,492
Lot Location
Near Public Transit
Days on Market
99
Property Type
Commercial

Property Description

DEVELOPERS, INVESTORS, AND VISIONARIES--THIS IS THE OPPORTUNITY YOU HAVE BEEN WAITING FOR.Positioned in the heart of Simi Valley's emerging redevelopment corridor, this highly visible commercial property offers a rare chance to acquire a substantial footprint within the City's transformative Envision Simi Valley initiative. Located directly on Los Angeles Avenue, just off the prominent intersection of Los Angeles Avenue and First Street, the property benefits from exceptional exposure, strong traffic counts, outstanding accessibility, and a location poised for future growth and reinvestment.The approximately 8,445-square-foot building sits on a generous 0.70-acre parcel with an impressive 48 parking spaces, extensive street frontage, loading facilities, and infrastructure already in place for multiple tenancy. Currently occupied by a single user, the building can be configured into as many as six separate units and features separate addresses, utility meters, entrances, and HVAC systems--providing immediate flexibility for investors seeking to maximize income potential.As Simi Valley continues implementing its vision for modernization, revitalization, and economic growth, properties in strategic redevelopment locations are becoming increasingly scarce. Whether your plan is to reposition the existing structure, create a dynamic multi-tenant investment, establish a flagship business location, or explore future redevelopment opportunities, this property offers the scale, visibility, parking, and location to support a wide range of investment strategies.The current improvements provide immediate utility and income potential, while the underlying location offers what many investors seek but rarely find: the opportunity to participate in the future evolution of one of Ventura County's most important commercial corridors.Prime frontage. Significant parking. Flexible configuration. Redevelopment potential. A strategic position within the future of Simi Valley.Opportunities like this do not come along often.

Additional Information

Heat
Zoned

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.