1378 Patricia Avenue, Simi Valley, CA 93065
- $3,695,000
- List Price
- $3,695,000
- Status
- ACTIVE
- MLS#
- V1-39383
- Year Built
- 2016
- Lot Size
- 26,930
- Acres
- 0.62
- Days on Market
- 1
- Property Type
- Multifamily
- Neighborhood
- Not Applicable
Property Description
Located in Simi Valley, 1378-1380 Patricia Avenue comprises 2 two-story fourplex buildings constructed in 2016. The property features a range of modern construction and design elements, including fire sprinkler systems, 9-foot ceilings throughout, and unit separations designed to support residents' privacy and quiet enjoyment. The property also offers 18 on-site parking spaces and fully landscaped grounds. Architectural highlights give the buildings a contemporary, condominium-inspired appearance.The seller has indicated the willingness to structure the financing as a seller-carry format that would incorporate a 5% interest-only monthly payment based on a buyer down payment of $1,750,000, that would be used to retire the seller's outstanding mortgage debt.
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Additional Information
- Appliances
- Gas Oven
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Attached Structure
- Detached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $230,820
- Operating Expense
- 83866
- Parking Spaces
- 18
Listing courtesy of Listing Agent: Craig Lieberman (craig@ais-realestate.com) from Listing Office: Apartment Investment Specialis.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.