4453 Apricot Road

    Simi Valley, CA 93063
    • $5,100,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: 20554418
    UPDATED: 38 min ago
    $5,100,000
    • 19
      BEDS
    • 0.58
      ACRES
    • 19
      BATHS
    • 1
      1/2 BATHS
    • 11,924
      SQFT
    • $428
      $/SQFT
    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 CRISNet MLS as of 2020-03-31T12:44:25.397. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-03-31T12:44:25.397. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-03-31T12:44:25.397. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the i-Tech MLS as of 2020-03-31T12:44:25.397. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/103259187

    4453 Apricot Road Simi Valley, CA 93063

    • Price: $5,100,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 20554418
    19
    Beds
    19
    Baths
    1
    ½ Baths
    0.58
    Acres
    11,924
    SQFT
    $428
    $/SQFT
    2017
    Built
    Neighborhood:
    Simi Valley East (Sve)
    County:
    Ventura
    Area:
    Simi Valley East (Sve)
    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

    Parking Spaces Total 25 Parking Type Side By Side

    Interior Features

    Appliances Washer Cooling Type Air Conditioning Heating Type Central Furnace Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.5 Unit Number Of Bath02 2.0 Unit Number Of Bed01 1 Unit Number Of Bed02 2

    Property Features

    Adjusted Gross Income 257532.00 Cap Rate 2.98 Country United States Of America Expense Total Annual 90252.00 Gross Operating Income 249806.00 Gross Rent Multiplier 20.77 Hoa YN N Legal Disclosures No Property Assessments Lot Size Source Public Records Net Operating Income 159554.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Seller Unit Monthly Rent01 1950.00 Unit Monthly Rent02 2168.00 Unit Projected Total Monthly Rent01 1950.00 Unit Projected Total Monthly Rent02 19511.00 Unit Total Monthly Rent01 2050.00 Unit Total Monthly Rent02 22950.00 Unit Type01 1 Unit Type02 9 Units Total In Complex 10 Zoning Rh (Fc)

    Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman and Hur Koktenturk CA DRE# 02043211 of Nelson Shelton Real Estate Era Powered.


    Based on information from CRISNet MLS as of 2020-03-31T12:44:25.397. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-03-31T12:44:25.397. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-03-31T12:44:25.397. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the i-Tech MLS as of 2020-03-31T12:44:25.397. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Licensed in the State of California, USA.
     
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