*****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 is 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.
Simi Valley is located in California. Simi Valley, California has a population of 126,809. Simi Valley is less family-centric than the surrounding county with 32.31% of the households containing married families with children. The county average for households married with children is 33.07%.
The median household income in Simi Valley, California is $102,627. The median household income for the surrounding county is $94,150 compared to the national median of $69,021. The median age of people living in Simi Valley is 41 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 41.5 degrees. The average rainfall is approximately 17.2 inches per year, with 0 inches of snow per year.
