875 E Los Angeles Avenue
Simi Valley, CA, 93065 $ 2,999,999
Bedrooms-- Baths-- Sq 8,445 Monthly Estimate*
$ 18,472
for $2,999,999. This 8,445 square foot building was built in 1961 on a lot size of 0.7.
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.
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FeaturesGeneralLiving Area 8445
Heating Zoned
Zoning MULTIPLE
HOA Fee 0
Year Built 1961
Business Type Other Retail
County Ventura
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
City Simi Valley
Number Of Units Total 6
MLS Area SVW - West Simi
Lot Size Units Square Feet
Lot Size Square Feet 30492
Listing Terms Conventional
Lease Renewal Y/N false
Standard Status Active
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InteriorHeating Y/N true
Total Baths 0
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ExteriorLot Features Near Public Transit
Total Parking 0
Lot Size Area 30492
Lot Size Acres 0.7
Lot Size Source Appraiser
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* Excluded FeaturesList ByDeserieBoutell@aol.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,472
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Simi Valley, CA
Average List Price $1,103,800
Percent of Sale Price 63%
About Simi Valley, CA 125,796 Population
12% Since 2002
$ 90,659 Median Income
39.61 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/4/2026 | $2,999,999 | | Listed Price |