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LA 3rd Center 875 E Los Angeles Ave 8,445 SF Retail Building Simi Valley, CA 93065 $4,186,859 CAD ($495.78 CAD/SF)
Investment Highlights
- Frontage Of Approximately 194 Feet Along E Los Angeles Avenue, Providing Strong Visibility To Passing Traffic.
- Dedicated On-Site Parking Lot Offering 48 Spaces, Ensuring Easy Customer Access.
- Close Proximity To Multiple Schools And Well-Established Residential Neighborhoods.
- Located Within One Of Simi Valley’s Busiest Corridors, Surrounded By A Strong Tenancy Mix Of National And Local Retailers.
- Flexible Configuration Allowing Suitability For Retail, Service, And Showroom Uses.
- Accessibility To Public Transportation And Major Thoroughfares, Supporting Regional Connectivity.
Executive Summary
DEVELOPERS, INVESTORS, AND VISIONARIES--THIS IS THE OPPORTUNITY YOU HAVE BEEN WAITING FOR.
Positioned in the heart of Simi Valley's emerging redevelopment corridor, this highly visible commercial property offers a rare chance to acquire a substantial footprint within the City's transformative Envision Simi Valley initiative. Located directly on Los Angeles Avenue, just off the prominent intersection of Los Angeles Avenue and First Street, the property benefits from exceptional exposure, strong traffic counts, outstanding accessibility, and a location poised for future growth and reinvestment.
The approximately 8,445-square-foot building sits on a generous 0.70-acre parcel with an impressive 48 parking spaces, extensive street frontage, loading facilities, and infrastructure already in place for multiple tenancy. Currently occupied by a single user, the building can be configured into as many as six separate units and features separate addresses, utility meters, entrances, and HVAC systems--providing immediate flexibility for investors seeking to maximize income potential.
As Simi Valley continues implementing its vision for modernization, revitalization, and economic growth, properties in strategic redevelopment locations are becoming increasingly scarce. Whether your plan is to reposition the existing structure, create a dynamic multi-tenant investment, establish a flagship business location, or explore future redevelopment opportunities, this property offers the scale, visibility, parking, and location to support a wide range of investment strategies.
The current improvements provide immediate utility and income potential, while the underlying location offers what many investors seek but rarely find: the opportunity to participate in the future evolution of one of Ventura County's most important commercial corridors.
Prime frontage. Significant parking. Flexible configuration. Redevelopment potential. A strategic position within the future of Simi Valley.
Opportunities like this do not come along often.
Positioned in the heart of Simi Valley's emerging redevelopment corridor, this highly visible commercial property offers a rare chance to acquire a substantial footprint within the City's transformative Envision Simi Valley initiative. Located directly on Los Angeles Avenue, just off the prominent intersection of Los Angeles Avenue and First Street, the property benefits from exceptional exposure, strong traffic counts, outstanding accessibility, and a location poised for future growth and reinvestment.
The approximately 8,445-square-foot building sits on a generous 0.70-acre parcel with an impressive 48 parking spaces, extensive street frontage, loading facilities, and infrastructure already in place for multiple tenancy. Currently occupied by a single user, the building can be configured into as many as six separate units and features separate addresses, utility meters, entrances, and HVAC systems--providing immediate flexibility for investors seeking to maximize income potential.
As Simi Valley continues implementing its vision for modernization, revitalization, and economic growth, properties in strategic redevelopment locations are becoming increasingly scarce. Whether your plan is to reposition the existing structure, create a dynamic multi-tenant investment, establish a flagship business location, or explore future redevelopment opportunities, this property offers the scale, visibility, parking, and location to support a wide range of investment strategies.
The current improvements provide immediate utility and income potential, while the underlying location offers what many investors seek but rarely find: the opportunity to participate in the future evolution of one of Ventura County's most important commercial corridors.
Prime frontage. Significant parking. Flexible configuration. Redevelopment potential. A strategic position within the future of Simi Valley.
Opportunities like this do not come along often.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,445 SF
Building Class
C
Year Built
1961
Price
$4,186,859 CAD
Price Per SF
$495.78 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.75 AC
Zoning
Commercial
Parking
48 Spaces (5.68 Spaces per 1,000 SF Leased)
Frontage
194’ on E Los Angeles Ave
Amenities
- Signage
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,912,498 CAD | |
| Land Assessment | $1,148,104 CAD | Total Assessment | $3,060,602 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,148,104 CAD
Improvements Assessment
$1,912,498 CAD
Total Assessment
$3,060,602 CAD
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LA 3rd Center | 875 E Los Angeles Ave
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