875 E Los Angeles Ave - Freestanding FOR SALE


Simi Valley, CA 93065
$2,999,999 USD
805-501-8275
875 E Los Angeles Ave, Simi Valley, CA for Sale
$2,999,999 USD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

875 E Los Angeles Ave
Simi Valley, CA 93065


HIGHLIGHTS

  • Frontage Of Approximately 194 Feet Along E Los Angeles Avenue, Providing Strong Visibility To Passing Traffic.
  • Located Within One Of Simi Valley’s Busiest Corridors, Surrounded By A Strong Tenancy Mix Of National And Local Retailers.
  • Dedicated On-Site Parking Lot Offering 48 Spaces, Ensuring Easy Customer Access.
  • Flexible Configuration Allowing Suitability For Retail, Service, And Showroom Uses.
  • Close Proximity To Multiple Schools And Well-Established Residential Neighborhoods.
  • Accessibility To Public Transportation And Major Thoroughfares, Supporting Regional Connectivity.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,999,999 USD

PRICE/SF

$355 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LA 3rd Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,743 SF

ZONING

Commercial

APN/PARCEL ID

630-0-120-125,631-0-102-270

ASK ABOUT THIS PROPERTY

Deserie BoutellRE/MAX ONE CommercialMore Info
805-501-8275

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Deserie BoutellRE/MAX ONE CommercialMore Info
805-501-8275

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.