875 E Los Angeles AVE, Simi Valley, CA 93065
875 E Los Angeles AVE, Simi Valley, CA 93065
875 E Los Angeles AVE, Simi Valley, CA 93065
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,999,999
Est. payment /mo
8,445 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,445 sqft

Price per Sqft $355

MLS Listing ID 226002612

HOA Y/N No

Year Built 1961

Lot Size 0.700 Acres

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.

Location

State CA

County Ventura

Area Svw - West Simi

Zoning MULTIPLE

Interior

Heating Zoned

Fireplace No

Building

Lot Description Near Public Transit

Others

Tax ID 6310102270

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Deserie Boutell RE/MAX ONE #01433473

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