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    OFF-MARKET
    Office Spaces

    1775 Erringer Rd, Simi Valley, CA 93065

    Built 1974
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,496 square foot medical office building, located at 1775 Erringer Road in Simi Valley, CA 93065, presents a fantastic opportunity. Situated on a 12,420 square foot lot, this single-tenant property boasts a prime location near the 118 freeway, offering convenient access for both patients and staff. Built in 1974, the two-story building features a spacious lobby, reception area, multiple operating rooms, and a private bathroom. The property includes ample parking with 52 spaces, and an elevator for easy accessibility. The building is well-maintained and benefits from excellent frontage on Erringer Road, ensuring high visibility. Zoned CPD, this property is ideal for a variety of medical or dental practices. The convenient location near restaurants and shopping centers adds to its appeal. The property is ready for immediate occupancy. The APN is 632-0-050-135. This is a single-tenant building with a total of one building on the property. The cross street is E Los Angeles Ave.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1974
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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