4220 Los Angeles Ave Simi Valley, CA 93063-3388
- Office buildings
- 3,080 SF
- 0.20 lot acres
Current Use by Public Records
- Lindeen Gordon R / Attorney
- PMC Professional Services / Private Investigator
- Richardson Insurance Services / Insurance Agency
Property Details for 4220 Los Angeles Ave
- Year built
- 1966
- Lot size
- 0.20 lot acres
- Property size
- 3,080 SF
- Zone code
- CPD
- Property type
- Office buildings
- APN
- 626-0-341-040
- APU
- 6260341040
Description
This exceptional freestanding executive office building in Simi Valley, CA, presents a compelling investment opportunity for both owner-users and investors. The property, located at 4220 E Los Angeles Ave, boasts 3,080 square feet of newly renovated space situated on a 9,000 square foot lot zoned CPD(BP)(TAPO). The two-story building features four suites, two on each floor, each offering a modern and functional workspace. Recent upgrades include fresh paint, new flooring, recessed lighting, updated windows and doors, a new HVAC system, and 24-hour security camera monitoring. Three separate exterior doors ensure convenient access. Ample on-site parking accommodates 13 vehicles (4.22 spaces per 1,000 square feet), supplemented by abundant street parking. The property enjoys high visibility with an estimated daily traffic count of 26,383 vehicles. Its convenient location, just one mile from the 118 Freeway and minutes from a variety of amenities, adds to its appeal. The asking price is $1,250,000, translating to $405.84 per square foot. The APN is 626-0-341-040. This is a rare opportunity to acquire a meticulously maintained, high-visibility office building in a thriving Simi Valley location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,065,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,105,000
- 6.5%
- $1,080,000
- 7%
- $1,170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,070,000
- Geo Method
- $1,070,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,020,000
- Retail
- $1,020,000
- Mixed-Use
- $1,050,000
- Hospitality
- $1,230,000
- Educational
- $1,030,000
- Residential Income
- $1,285,000
- Energy
- $1,275,000
- Income-Based Land
- $990,000
- Food Service
- $1,120,000
Location Insight
- Map
- Local Demand
- City
- Simi Valley
- County
- Ventura
- State
- California
- Longitude
- -118.713
- Latitude
- 34.2713
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
