4421 Adam Road, Simi Valley, California 93063, Simi Valley, - bed, bath
ACTIVE$2,490,000
4421 Adam Road, Simi Valley, California 93063
5Beds
3Baths
2,434Sqft
37,461Lot
Year Built
1948
Close
-
List price
$2.49M
Original List price
$2.49M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
225002300
Home ConditionFair
Features
View-
About this home
Large, secured lot with offices and huge flat space for over-sized vehicle parking. Plus, there are two large storage buildings that are approximately 20 ' x40' and 12 ' x36'. Large area for parking! 5 or more large offices, + a large bullpen area, 3 Restrooms, Kitchen & open space, development potential. Includes copper plumbing, A/C. Corner of Adam Rd and Tapo St, high visibility. Located in the 'Tapo Street Area of Envision Simi Valley.' The area could become an area for shopping, entertainment, and mixed-use residential development. The goal is for the City to establish zoning and policy to encourage housing construction, attract new businesses, and increase the quality of life in Simi Valley. Zoning is MU.
Price History
Date
Event
Price
05/08/25
$2,490,000
Condition Rating
Fair
The property was built in 1948. The images show a functional but outdated kitchen and bathrooms. The interior appears to be maintained but requires updates. The carpet and light fixtures are aged. Overall, the property is aged but maintained.
Pros & Cons
Pros
Large Lot Size: The property boasts a substantial 37,461 sqft lot, offering ample space for various uses and potential development.
Mixed-Use Zoning: Zoning is MU, allowing for a combination of commercial and residential uses, increasing flexibility and investment opportunities.
Development Potential: Located in the 'Tapo Street Area of Envision Simi Valley,' the property has significant development potential as the city aims to encourage housing construction and attract new businesses.
Existing Infrastructure: The property includes multiple offices, a bullpen area, restrooms, a kitchen, and storage buildings, providing immediate functionality.
High Visibility: Located on the corner of Adam Rd and Tapo St, the property benefits from high visibility, making it ideal for businesses seeking exposure.
Cons
Year Built: Built in 1948, the property may require updates to meet modern standards and codes.
Price Point: The list price of $2,490,000 may be a barrier to entry for some buyers, requiring careful consideration of the potential return on investment.
Unknown Condition: While the property has A/C and copper plumbing, the overall condition of the existing structures is not explicitly stated and may require further inspection.