




*****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.
Bedrooms
6
Bathrooms
4
Square Feet
1,990
Lot Size
6,969 sqft
Year Built
1971
Property Type
Single Family Residence
Days on Market
99
Garage Total
0
MLS #
226001955
Flooring
Laminate
$0
| Rating | School Name |
|---|---|
7 | Hillside Middle Middle School |
8 | Crestview Elementary Elementary School |
N/A | Grace Brethren Jr Sr High School Private School |
N/A | Grace Brethren Elementary Private School |
9 | Hollow Hills Elementary Elementary School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features