1791 Erringer Rd Simi Valley, CA 93065

An undivided one-half interest in a two-story multi-tenant office building is available for purchase. The property is situated on the southwest corner of Erringer Road and Patricia Street, offering convenient access to the 118 Freeway via the Erringer Road offramp. Its central location in Simi Valley places it within a neighborhood shopping center anchored by Smart and Final, Pasta Presto, and Theresa's Country Feed and Pet. The building features an exterior staircase and includes both private and common area bathrooms: two private two-fixture bathrooms downstairs and two common area two-fixture bathrooms upstairs. There are a total of 20 parking spaces, which translates to a ratio of 4 spaces per 1,000 square feet, with 3 spaces covered. The building consists of five units and is 82% occupied by four tenants. The location benefits from high traffic volume, with 24,200 average daily traffic in 2018. This presents a great opportunity for an owner-user requiring 1,503 contiguous square feet (units 201 & 202). All offers are subject to a mutually acceptable partnership agreement with the ownership of the remaining 50% undivided interest.