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Sold for $1,185,000 on 06/15/23
  • Listing Provided by: 

    Nicole Corey DRE #01929863 818-282-8533,

    Allison James Estates & Homes,

    Brandon Krausen DRE #01398618 818-207-6155,

    Allison James Estates & Homes

    Bought with: Premier Agent Network
    $1,185,000

    4524 Adam Rd, Simi Valley, CA 93063

    4beds
    4baths
    1,542sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $1,187,100 Zestimate®
    $768/sqft
    $3,638 Estimated rent

    Home value

    $1,187,100

    $1.12M - $1.27M

    $3,638/mo

    Zestimate® history
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    $7,281/mo

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    What's special

    Incredible income property opportunity for owner-users and investors. This well maintained nearly ½ acre (horse property) flat LOT generates dependable income with wonderful long-term tenants eager to stay! Consisting of 3 buildings, the main house, the duplex and the detached oversized 2-car garage, this captivating property is one you can’t afford to miss! Upon arrival, the tastefully designed landscape welcomes you with walking paths, a kissing bench, flowers and many fruiting trees: avocado, peach, lime, cherry, tangerine, lemon (eureka & meyers), pomegranate, red flame grape vine, plus a rosemary bush & oregano bush. In the MAIN HOUSE you will find modern updates throughout. The building is a well proportioned 1542 sq.ft. 2 bed 2 bath home with central heat and air, updated electrical & plumbing. The living room is open and spacious with its vaulted ceiling & exposed beams. The kitchen and guest bathroom have been fully renovated and the primary bathroom is upgraded nicely. Within the ultra private patio is a killer jacuzzi and a great area to dine al-fresco. The expansive backyard is perfect for pets, playtime, grilling & chilling. The oversized GARAGE has undeniable ADU conversion potential with its own parking area and private yard... ca-ching another income stream. The rear building is a 1250 sq.ft. duplex. Unit 1 is 500 sq.ft. 1 bed 1 bath, Unit 2 is 750 sq.ft. 1 bed 1 bath. The units share a brand new 50-gallon water heater and have their own central AC & heat. The duplex yard offers shady & tranquil areas for residents to relax & restore. An outdoor storage shed keeps the tenants yard tidy and tools tucked away. The property is sectioned with gates and provides ample off-street parking for all residents. North of the 118 fwy, this horse & farm-animal friendly neighborhood is also a solid rental area. PLUS the property location is near to everything: parks, shops, hiking & biking trails, Trader Joes, Target, the movies and more. All utilities are currently shared, however, they can be easily monitored with wifi technology solutions. Please request our data sheets for our extensive and detailed list of renovations. Showings are easy to schedule so please DO NOT DISTURB TENANTS. Call now for your private tour.

    Zillow last checked: 8 hours ago

    Listing updated: June 15, 2023 at 10:16am

    Listing Provided by:

    Nicole Corey DRE #01929863 818-282-8533,

    Allison James Estates & Homes,

    Brandon Krausen DRE #01398618 818-207-6155,

    Allison James Estates & Homes

    Bought with:

    Anthony Attalla, DRE #02084070

    Premier Agent Network

    Source: CRMLS,MLS#: SR23069002MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Flooring: Laminate
    • Windows: Double Pane Windows
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,542
    • Total interior livable area: 1,542 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Boat, Covered, Driveway, Garage, Public, RV Hook-Ups, RV Access/Parking, Side By Side
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground
    • Pool features: None
    Lot
    • Size: 0.47 Acres
    • Dimensions: 65 x 313
    • Features: 0-1 Unit/Acre, Agricultural, Back Yard, Front Yard, Horse Property, Level, Sprinkler System
    Details
    • Parcel number: 6250030100
    • Zoning: RVL-FC-A
    • Special conditions: Standard
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Street Lights
    Location
    • Region: Simi Valley
    • Subdivision: ,Kadota Fig Farm

    HOA & financial

    Other financial information
    • Total actual rent: 6145

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    6/15/2023Sold$1,185,000$768/sqft
    Source: CRMLS #SR23069002
    5/12/2023Pending sale$1,185,000$768/sqft
    Source: CRMLS #SR23069002
    5/2/2023Listed for sale$1,185,000+61.2%$768/sqft
    Source: CRMLS #SR23069002
    1/25/2018Sold$735,000-2%$477/sqft
    Source: Public Record
    12/27/2017Pending sale$749,999$486/sqft
    Source: Allison James Estates & Homes #SR17274771

    Public tax history

    YearProperty taxesTax assessment
    2025$14,290 +54.4%$1,232,874 +2%
    2024$9,252 $1,208,700 +50.4%
    2023$9,252 +0.1%$803,826 +2%

    Find assessor info on the county website

    Neighborhood: 93063

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,187,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,187,100