Property Attributes
- MLS#226001955
- TypeSingle Family
- Listing Status Active
- CountyVENTURA
- CitySimi Valley
- AreaCentral Simi
- Zip93065
- StyleSingle Family Residence
- Year Built1971
- Price$ 1,200,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage1990
- Lot Size0.16 Acres
Data Source:
Crisnet MLS
Property Description
*****Sellers may consider seller financing for qualified buyers. Contact listing agent for details.*****Terms: 30% down, 6% interest only payments, 2-year loan term. Contact listing agent for details.Rare fully permitted multi-unit opportunity in the heart of Simi Valley featuring a beautifully upgraded main residence, attached permitted JADU, and attached permitted ADU with additional upside potential for two future detached ADUs (buyer to verify). This versatile property offers an ideal setup for investors, owner-users, multi-generational living, or buyers seeking strong income-producing potential.The main residence is currently leased for $3,900/month, the permitted JADU generates $1,700/month, and the attached ADU currently leased for $2,150/month, creating strong existing and future cash flow opportunities. All units have been thoughtfully updated, offering modern finishes and flexible living arrangements.Situated on a generous lot with excellent functionality and expansion potential, this property combines stable income with long-term appreciation opportunities in one of Ventura County's most desirable rental markets. Fully permitted ADUs significantly reduce buyer and lender concerns while adding substantial value and flexibility.Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or capitalize on future ADU development opportunities, this is a rare chance to own a highly versatile income-producing property with exceptional upside.
| Price History | |
|---|---|
| 4/29/2026 | Listed $1,200,000 |
General Features
| Living Area | 1990.00 |
|---|---|
| Zoning | R1 |
| Garage Spaces | 0.00 |
| Year Built | 1971 |
| Levels | One |
| Property Subtype | Single Family Residence |
| County | Ventura |
| Property Type | Residential |
| Full Baths | 4 |
| City | Simi Valley |
| Listing Agent | Brent Ruzicka - BRE#02226436 |
| Land Lease Amount | 0.00 |
| Entry Location | Other |
| High School District | Simi Valley Unified |
| MLS Area | SVC - Central Simi |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6969.00 |
| Property Attached Y/N | Yes |
| Attached Structure | Attached |
| Price Per Square Foot | 603.02 |
| Standard Status | Active |
| Year Built Source | See Remarks |
Interior Features
| Flooring | Laminate |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Total Bedrooms | 6 |
| Entry Level | 1 |
| Appliances Y/N | Yes |
| Full + 3/4 Baths | 4 |
| LivingAreaSource | Other |
| Total Baths | 4 |
Exterior Features
| Total Parking | 0.00 |
|---|---|
| Lot Size Area | 6969.0000 |
| Lot Size Acres | 0.1600 |
| Lot Size Source | Public Records |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Based on information from CRISNet MLS as of September 21, 2026 7:25 PM UTC 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.