1791 Erringer Rd Simi Valley, CA 93065
Undivided interest in well-maintained, multi-tenant office building for sale.
Property size:
5,006 SFProperty Features for 1791 Erringer Rd
General Information
- Size
- 5,006 SF
Building Details
- Year built
- 1976
Source:
Naiglobal
Listing Agent: Gary Seaton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Simi Valley Office Building Interest
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Payton Insurance
Auto Insurance Agency
R.R. Gable, Inc.
Real Estate Agency
Gibraltar Healthcare
Home Health Care Service
Capitol Real Estate
Real Estate Agency
My Realtor Nioka
Real Estate Agent
Location Insight
- Map
- Local Demand
- City
- Simi Valley
- County
- Ventura
- State
- California
- Longitude
- -118.76166
- Latitude
- 34.2696775
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FAQs
What type of property is this?
Office building - Undivided interest in well-maintained, multi-tenant office building for sale.
Where is this office building located?
The property is located at 1791 Erringer Rd Simi Valley, CA.
What is the asking price?
The asking price for this property is $682,500.
What are key features of this property?
This property features: - Opportunity to acquire a 1/2 undivided interest in a well-maintained, multi-tenant office building.; - **Assumption of existing loan at a low 3.85% interest rate is possible for a qualified buyer.**; - **Ideal for an owner-user needing 1,503 contiguous square feet (units 201 & 202).**