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Retail Building with Multi-Unit Potential
For Sale
$2,999,999

875 E Los Angeles Avenue, Simi Valley, CA 93065

Prominent retail building with extensive parking and a flexible layout that can support multiple tenants.

Property Size8,445 SF
Lot Size0.70 Acres
Price / SF$355.24
Days on Market80

Property Features for 875 E Los Angeles Avenue

General Information

Standard status Active
Size 8,445 SF
Total Parking Spaces 48
Lot size 0.70 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1961
Listing Agency: RE/MAX ONE
Listed By: Deserie Boutell · License #01433473
Source: Exitrealty
Added: Jun 7 Changed: Aug 23 Last Checked: Aug 24 at 4:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ONE

Investment Insights

Based on property information with market context.

This retail property includes an approximately 8,445-square-foot building on a 0.70-acre parcel with 48 parking spaces. The site features extensive street frontage, loading facilities, and infrastructure designed to support multiple tenancy. The building is currently occupied by a single user, but it can be configured into as many as six separate units.

The property is positioned directly on Los Angeles Avenue, just off the prominent intersection of Los Angeles Avenue and First Street, in the heart of Simi Valley’s emerging redevelopment corridor. The offering is described as having exceptional exposure and strong traffic counts, with accessibility intended to support both customers and delivery needs.

For developers, investors, and owner-operators, the key advantage is the built-in flexibility for a multi-tenant plan. The configuration supports separate addresses, utility meters, entrances, and HVAC systems, which can streamline operations if the space is subdivided. With loading, parking, and frontage already in place, the property is suited to concepts that benefit from scale and visibility while allowing a pivot between single-user and multi-unit use strategies.

Key Highlights

  • 8,445‑SF commercial building on a 0.70‑acre parcel with extensive street frontage and loading facilities
  • 48 on‑site parking spaces for customer and tenant use
  • Can be configured into as many as six separate units, with separate addresses, utility meters, entrances, and HVAC systems

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Hotel & Motel Pharmacy Skin Care Clinic Food Market Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,936
Businesses Nearby
290k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Groceries 26% Dining 22% Apparel 6%
Vallarta Supermarket Groceries
39,166 visits/mo 0.5 miles
Stater Bros. Markets Groceries
34,988 visits/mo 0.3 miles
The Hat Dining
19,663 visits/mo 0.4 miles
Dollar Tree Shops & Services
16,542 visits/mo 0.3 miles
Shell Shops & Services
14,346 visits/mo 0.2 miles

Demographics for 93065, CA

73,943
Population
26,260
Households
2.8
Avg Household Size
41
Median Age
38%
College-Educated
92%
High-School Grad
29.8 sq mi
ZIP Area
2,481
Density / Sq Mi
$113,893
Median Household Income
$57,549
Median Earnings
$2,612
Median Rent
$759,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prominent retail building with extensive parking and a flexible layout that can support multiple tenants.
Where is this retail space located?
The property is located at 875 E Los Angeles Avenue Simi Valley, CA.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: 8,445‑SF commercial building on a 0.70‑acre parcel with extensive street frontage and loading facilities; 48 on‑site parking spaces for customer and tenant use; Can be configured into as many as six separate units, with separate addresses, utility meters, entrances, and HVAC systems
More about this property
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