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    4453 Apricot Road

    Simi Valley, CA 93063
    • $4,950,000
    • STATUS: Active
    • ON SITE: 140 days
    • ID#: 20554418
    UPDATED: 55 min ago
    $4,950,000
    • 0
      BEDS
    • 0.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2017
    County:

    School Ratings & Info

    Description

    We present this newer constructed turn-key 10 unit apartment building in Simi Valley, CA. Only a handful of brand new development projects have hit the market in the last five years. Take advantage of this 2017 building which is located east of Tapo Street and south of the 118 Ronald Reagan Freeway. It features 9 two bedroom and 1 one bedroom units. The kitchens are designed with high end stoves, microwaves and refrigerators. Each of the first floor units have a small yard. The building (11,924 SF) sits on a 25,241 square foot lot and is separately metered for water, electricity and gas. The owner has installed solar panels for the on-site exterior lighting. Each unit is equipped with a washer / dryer. The building has plenty of parking; two spots (1 covered, 1 uncovered) for each unit and guest parking. Other amenities include a play area and barbecue. Don't miss out on this great investment opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-04T19:25:21.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

    www.twissrealty.com/homes/103260521
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    4453 Apricot Road Simi Valley, CA 93063

    • Price: $4,950,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 20554418
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.58
    Acres
    2017
    Built
    Neighborhood:
    SVE - East Simi
    County:
    Ventura
    Area:
    SVE - East Simi
    Property Description
    We present this newer constructed turn-key 10 unit apartment building in Simi Valley, CA. Only a handful of brand new development projects have hit the market in the last five years. Take advantage of this 2017 building which is located east of Tapo Street and south of the 118 Ronald Reagan Freeway. It features 9 two bedroom and 1 one bedroom units. The kitchens are designed with high end stoves, microwaves and refrigerators. Each of the first floor units have a small yard. The building (11,924 SF) sits on a 25,241 square foot lot and is separately metered for water, electricity and gas. The owner has installed solar panels for the on-site exterior lighting. Each unit is equipped with a washer / dryer. The building has plenty of parking; two spots (1 covered, 1 uncovered) for each unit and guest parking. Other amenities include a play area and barbecue. Don't miss out on this great investment opportunity.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Side By Side Parking YN Yes

    Interior Features

    Heating Central Heating YN Yes

    Property Features

    Gross Income 257532.00 Gross Multiplier 20.77 Gross Operating Income 249806.00 Net Operating Income 159554.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 90252.00 Vacancy Allowance Rate 0.00 Zoning Rh (Fc)

    Listing provided courtesy of David Kaufman of David Ballin Kaufman and Hur Koktenturk of Nelson Shelton Real Estate Era Powered


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-04T19:25:21.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

     
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