*****Sellers may consider seller financing for qualified buyers. Contact listing agent for details.*****Terms: 30% down, 6% interest only payments, 2-year loan term. Contact listing agent for details.Rare fully permitted multi-unit opportunity in the heart of Simi Valley featuring a beautifully upgraded main residence, attached permitted JADU, and attached permitted ADU with additional upside potential for two future detached ADUs (buyer to verify). This versatile property offers an ideal setup for investors, owner-users, multi-generational living, or buyers seeking strong income-producing potential.The main residence is currently leased for $3,900/month, the permitted JADU generates $1,700/month, and the attached ADU is leased for $2,150/ month, creating strong existing and future cash flow opportunities. All units have been thoughtfully updated, offering modern finishes and flexible living arrangements.Situated on a generous lot with excellent functionality and expansion potential, this property combines stable income with long-term appreciation opportunities in one of Ventura County's most desirable rental markets. Fully permitted ADUs significantly reduce buyer and lender concerns while adding substantial value and flexibility.Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or capitalize on future ADU development opportunities, this is a rare chance to own a highly versatile income-producing property with exceptional upside.
| MLS # | 226002240 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 103 |
| Listing Provided By | Keller Williams Exclusive Properties | Brent Ruzicka |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,990 |
| Story(s) | 1 |
| Units | 3 |
| Zoning | R1 |
| Acreage | 0.16 |
| Cooling Yes / No | Yes |
|---|---|
| Fireplace Yes / No | No |
| Garage Yes / No | No |
|---|
| State | CA |
|---|---|
| County | Ventura |
| City | Simi Valley |
| Zip Code | 93065 |
| Area | SVC Central Simi |
| Listing VS Median (in 93065) | |
Price: $1,200,000 low | high Med: $8,200 sqft: 1,990 low | high Med: 5,000 $ / sqft: $603 low | high Med: $2 On site: 103 low | high Med: 161 | |
| State | CA |
|---|---|
| County | Ventura |
| City | Simi Valley |
| Zip Code | 93065 |
| Area | SVC Central Simi |
| Listing VS Median (in 93065) | |
Price: $1,200,000 low | high Med: $8,200 sqft: 1,990 low | high Med: 5,000 $ / sqft: $603 low | high Med: $2 On site: 103 low | high Med: 161 | |