Single-Story Duplex Patio
992 Vallejo Avenue Simi Valley, CA 93065
For Sale
$605,000
Pending
DUPLEX - Ranch - Simi Valley, CA
Property Size1,000 SF
Lot Size0.08 Acres
Days on Market48
Property Features for 992 Vallejo Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Living Room, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
Garage, Carport, Driveway
Window features
Double Pane Windows
Pets allowed
Call
Pool private
1
Interior features
Drywall Walls
Appliances
Microwave, Gas/Electric Range, Dishwasher, Garbage Disposal, Vented Exhaust Fan
Standard status
Pending
APN
6390172175
Size
1,000 SF
Lot size
0.08 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1973
Floors in Building
1
Flooring type
Carpet, Laminate
Building materials
Stucco
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Keller Williams Exclusive Properties
(805) 777-7117
Listed By:
Theodore Mackel · License #01224852
(805) 777-7117
Added: Jun 11
Changed: Jul 24
Last Checked: Jul 28 at 12:06PM
MLS# 226002751
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 single-story duplex patio home is designed for easy ground-floor living with no stairs. The kitchen features a professional-grade range, a deep single undermount stainless steel sink, and a breakfast bar, with an adjacent dining area leading into a spacious living room. The primary suite includes a remodeled en suite bathroom with crisp subway tile and quality finishes.
Updated major systems include newer central air conditioning and a new water heater. Outside, the property offers covered carport parking along with a separate single-car garage for additional storage and parking flexibility. Located at 992 Vallejo Avenue in the Hollow Hills community of Simi Valley, California.
Updated major systems include newer central air conditioning and a new water heater. Outside, the property offers covered carport parking along with a separate single-car garage for additional storage and parking flexibility. Located at 992 Vallejo Avenue in the Hollow Hills community of Simi Valley, California.
Key Highlights
- Single‑story ranch patio home with ground‑floor layout and no stairs
- Updated major systems including central air conditioning and a new water heater
- Kitchen with microwave, gas/electric range, dishwasher, garbage disposal, and vented exhaust fan
Financial Insights For Multifamily LT 5
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 | $25.8k | $25.80 |
| − Vacancy | −$1.4k | −$1.42 |
| EGI | $24.4k | $24.38 |
| − OpEx | −$7.3k | −$7.31 |
| NOI | $17.1k | $17.07 |
1,000 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$243.8K
$213.3K – $284.5K
NOI $17,067 @ 7.0% cap · market cap 2.82%
Second Best
Apartment 5plus
$219.0K
$191.6K – $255.5K
NOI $15,329 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$325.2K
$284.6K – $379.4K
NOI $22,764 @ 7.0% cap · market cap 3.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Ground-floor duplex with remodeled primary en suite, updated HVAC, and covered carport plus a separate single-car garage.
Where is this duplex located?
The property is located at 992 Vallejo Avenue Simi Valley, CA.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Single‑story ranch patio home with ground‑floor layout and no stairs; Updated major systems including central air conditioning and a new water heater; Kitchen with microwave, gas/electric range, dishwasher, garbage disposal, and vented exhaust fan
