ActiveCommercial · sale

875 E Los Angeles Avenue

Simi Valley, CA 93065

$2,999,999

  • 8,445 sq ft
  • 0.7 acres
  • Built 1961

Listed by RE/MAX ONE · MLS #226002612

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1961.

Property size

0.7 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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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.

THE NEIGHBORHOOD

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875 E Los Angeles Avenue, Simi Valley, CA 93065

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THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1961
Heating
Zoned
Zoning
MULTIPLE
Parcel
6310102270
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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875 E Los Angeles Avenue, Simi Valley, CA 93065 · MLS #226002612

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Listing information

MLS #226002612 · California Regional MLS

Listing brokerage: RE/MAX ONE
Listing agent: Deserie Boutell

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.