910 Ashland Avenue Simi Valley, CA $ 7,950,000
910 Ashland Avenue
$ 7,950,000
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910 Ashland Avenue

Simi Valley, CA, 93065
$ 7,950,000
Baths36.0 Sq 25,200

Monthly Estimate*

$ 55,533

Listed by Matthews Real Estate Investment Services
910 Ashland Avenue, Simi Valley, CA 93065 - Image 1
910 Ashland Avenue, Simi Valley, CA 93065 - Image 2
910 Ashland Avenue, Simi Valley, CA 93065 - Image 3
910 Ashland Avenue, Simi Valley, CA 93065 - Image 4
910 Ashland Avenue, Simi Valley, CA 93065 - Image 5
910 Ashland Avenue, Simi Valley, CA 93065 - Image 6
Studio

Multi-Family Home for sale in Simi Valley, CA

for $7,950,000 with 36 full baths. This 25,200 square foot home was built in 1963 on a lot size of 0.1619.

Nestled in the heart of Simi Valley, California, 910-958 Ashland Ave encompasses four charming two-story apartment buildings. These timeless properties, dating back to the early 1960s, offer a distinctive unit mix that caters to a variety of tenant preferences, including (16) Studio units, (16) One-bedroom One-bathroom units, and (4) Two-bedroom One-bathroom units. The thoughtful design of these buildings ensures that residents enjoy a comfortable and hassle-free living experience. Each building is conveniently identified with its individual Assessor's Parcel Number (APN), providing clarity and ease of management.One of the standout features of 910-958 Ashland Ave is its unparalleled location adjacent to the bustling Simi Mall. Residents of this community benefit from seamless access to a plethora of high-end shopping boutiques, delectable dining establishments, and vibrant entertainment venues that abound in the vicinity. Moreover, the property is thoughtfully positioned in close proximity to a scenic lake and an array of hiking trails, offering residents abundant opportunities for outdoor enjoyment and recreation.The compelling combination of well-maintained structures, a strategic location in the heart of Simi Valley, and a unique unit mix positions 910-958 Ashland Ave as an irresistible and sought-after investment opportunity within the vibrant Simi Valley real estate market. This property beckons as a promising venture for discerning investors seeking to tap into the potential of this thriving community

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Multi-Family Active

Price

$ 7,950,000

Bedrooms

Studio

Full Bath

36

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1619

Year Built

1963

Town/City

Simi Valley

County/Region

Ventura

MLS | Web ID

24354639

Days on Market

85

Features
General
Zoning RH-15
Year Built 1963
Stories 2
Levels Two
Gross Income 520680.0
County Ventura
Net Operating Income 320076.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions East of 3rd St; West of 2nd St
City Simi Valley
View Y/N N
Senior Community Y/N N
Total Units 36
MLS Area SVW - West Simi
Lot Size Square Feet 7052.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Ashland
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 29
Standard Status Active
Year Built Source Other
Cap Rate 4.03
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Exterior
Total Parking 25.0
Lot Size Area 7052.0
Number of Buildings 4
Spa N
Building Area Total 25200.0
Lot Size Acres 0.1619
Lot Size Units SquareFeet
Lot Size Source Other
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 0
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 910
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* Excluded Features
List By
Matthews Real Estate Investment Services

Broker

(818) 923-6107

Phone

Affordability Calculator

$55,533
Per Month
100%
0%
0%
Monthly Principal & Interest
$55,533
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2024$7,950,000 Listed Price

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910 Ashland Avenue, Simi Valley, CA, 93065 is a Multi-Family Home for sale at $7,950,000 with 25,200 sqft and a lot size of 0.1619. 910 Ashland Avenue is a studio with 36.0 baths and was built in 1963. The property's zip code is 93065 which is in Simi Valley, CA