4453 Apricot Rd

    Simi Valley, CA 93063
    • $5,100,000
    • STATUS: Active
    • ON SITE: 53 days
    • MLS #: 20-554418
    UPDATED: 15 min ago
    $5,100,000
    • 19
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,924
      SQFT
    • $428
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2017
    County:
    Area:

    School Ratings & Info

    Description

    We present this newer constructed turn-key 10 unit apartment building in Simi Valley, CA. Only a handful of brand new development projects have hit the market in the last five years. Take advantage of this 2017 building which is located east of Tapo Street and south of the 118 Ronald Reagan Freeway. It features 9 two bedroom and 1 one bedroom units. The kitchens are designed with high end stoves, microwaves and refrigerators. Each of the first floor units have a small yard. The building (11,924 SF) sits on a 25,241 square foot lot and is separately metered for water, electricity and gas. The owner has installed solar panels for the on-site exterior lighting. Each unit is equipped with a washer / dryer. The building has plenty of parking; two spots (1 covered, 1 uncovered) for each unit and guest parking. Other amenities include a play area and barbecue. Don't miss out on this great investment opportunity.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-08T22:42:43.957. 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.
    www.desertarealuxuryhomes.com/homes/103259187

    4453 Apricot Rd Simi Valley, CA 93063

    • Price: $5,100,000
    • Status: Active
    • Updated: 15 min ago
    • MLS #: 20-554418
    19
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    11,924
    SQFT
    $428
    $/SQFT
    2017
    Built
    Neighborhood:
    East Simi
    County:
    Ventura
    Area:
    East Simi
    Property Description
    We present this newer constructed turn-key 10 unit apartment building in Simi Valley, CA. Only a handful of brand new development projects have hit the market in the last five years. Take advantage of this 2017 building which is located east of Tapo Street and south of the 118 Ronald Reagan Freeway. It features 9 two bedroom and 1 one bedroom units. The kitchens are designed with high end stoves, microwaves and refrigerators. Each of the first floor units have a small yard. The building (11,924 SF) sits on a 25,241 square foot lot and is separately metered for water, electricity and gas. The owner has installed solar panels for the on-site exterior lighting. Each unit is equipped with a washer / dryer. The building has plenty of parking; two spots (1 covered, 1 uncovered) for each unit and guest parking. Other amenities include a play area and barbecue. Don't miss out on this great investment opportunity.
    Exterior Features

    Lot Size Area 25241 Other Structures None Parking Garage Side By Side Pool YN No Tennis YN No Total Parking 25

    Interior Features

    Baths Total 19.50 Cooling Air Conditioning Den No Dining Room No Equipment Washer Family Room No Heating Central

    Property Features

    Gross Income 257532 Gross Operating Income 249806 Like Units1 1 Like Units2 9 Net Operating Income 159554.00 Number Of Buildings 1 Number Of Units 10 Sale Type Standard Source Living Area Owner Source Lot Size Area Assessor Total Annual Expense 90252 Type Of Units 1+1.52+2 Zoning Rh (Fc)

    Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-08T22:42:43.957. 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 Sandi Phillips Team | Compass
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    Palm Desert CA, 92260