Flexible Multi-Unit Industrial
875 E Los Angeles Avenue Simi Valley, CA 93065
875 E Los Angeles Avenue, Simi Valley, CA, 93065
$2,999,999
For Sale
$2,999,999
COMMERCIAL - Simi Valley, CA
Property Size8,445 SF
Lot Size0.70 Acres
Price / SF$355.24
Days on Market47
Property Features for 875 E Los Angeles Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1
- Standard status
- Active
- APN
- 6310102270
- Size
- 8,445 SF
- Lot size
- 0.70 Acres
Building Details
- Year built
- 1961
Listing Agency
RE/MAX ONE
(818) 879-2266
30699 Russell Ranch Rd #100, Northridge, CA
Listed by
Deserie A Boutell · License #01433473
(818) 832-2626
Added: Jun 4 Checked: Jul 20 at 12:06 pm
MLS# 226002612
Copyright © 2026 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale flex/industrial building totals approximately 8,445 square feet on a 0.70-acre parcel. The property is currently occupied by a single user, and the improvements are set up to allow conversion into as many as six separate units. Features include multiple entrances, separate addresses, separate utility meters, and separate HVAC systems, supporting flexible tenancy and operational control within one consolidated facility.
The site is located directly on Los Angeles Avenue, just off the intersection of Los Angeles Avenue and First Street, and is positioned within Simi Valley’s redevelopment area tied to the Envision Simi Valley initiative. The property also includes extensive street frontage, loading facilities, and infrastructure in place intended to support multiple tenancy.
With significant on-site parking and a configuration designed for multi-unit operations, this building can fit a range of strategies for investors and owner-operators, including repositioning the existing structure into a multi-tenant offering. The location provides direct visibility on Los Angeles Avenue and practical access for customers, employees, and deliveries through the existing loading and circulation features.
The site is located directly on Los Angeles Avenue, just off the intersection of Los Angeles Avenue and First Street, and is positioned within Simi Valley’s redevelopment area tied to the Envision Simi Valley initiative. The property also includes extensive street frontage, loading facilities, and infrastructure in place intended to support multiple tenancy.
With significant on-site parking and a configuration designed for multi-unit operations, this building can fit a range of strategies for investors and owner-operators, including repositioning the existing structure into a multi-tenant offering. The location provides direct visibility on Los Angeles Avenue and practical access for customers, employees, and deliveries through the existing loading and circulation features.
Key Highlights
- Approximately 8,445 SF building built in 1961 on a 0.70‑acre parcel
- 48 on‑site parking spaces plus extensive street frontage and loading facilities
- Commercial property directly on Los Angeles Avenue near the Los Angeles Avenue and First Street intersection
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $187.5k | $22.20 |
| − Vacancy | −$15.0k | −$1.78 |
| EGI | $172.5k | $20.42 |
| − OpEx | −$60.4k | −$7.15 |
| NOI | $112.1k | $13.28 |
8,445 SF · lease $22.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.60M
$1.40M – $1.87M
NOI $112,112 @ 7.0% cap · market cap 3.74%
Second Best
Warehouse
$1.21M
$1.06M – $1.41M
NOI $84,459 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$2.75M
$2.40M – $3.20M
NOI $192,238 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Tacos Famosos — Serving most of Ventura County, Other cities may be available. Additional charges will apply., Simi
FAQs
What type of property is this?
Flex space - Multi-tenant-configurable warehouse on a 0.7-acre parcel with extensive parking and direct Los Angeles Avenue access.
Where is this flex 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: Approximately 8,445 SF building built in 1961 on a 0.70‑acre parcel; 48 on‑site parking spaces plus extensive street frontage and loading facilities; Commercial property directly on Los Angeles Avenue near the Los Angeles Avenue and First Street intersection
