4474 Adam Road, Simi Valley, California 93063, Simi Valley, - bed, bath
ACTIVE$1,249,999
4474 Adam Road, Simi Valley, California 93063
5Beds
4Baths
2,752Sqft
14,374Lot
Year Built
1956
Close
-
List price
$1.25M
Original List price
$1.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
225001459
Home ConditionFair
Features
Good View:
Patio
View-
About this home
3 units in one purchase! Great investment opportunity! Well maintained triplex nestled in East Simi. The Main house boasts 1,620 sqft of living space, 3 bedrooms, 2 bathrooms, kitchen, central A/C and heat, laundry room, and a carport. Detached two story Guest House contains 700 sqft of living space, 1 bedroom, 1 bathroom, kitchen, wall HVAC unit, carport, and shared outdoor laundry with ADU. Detached ADU has 432 sqft of living space, studio style- 1 bedroom and 1 bathroom, kitchen, wall HVAC unit, small attached garage for storage, and shared outdoor laundry with guest house.
Price History
Date
Event
Price
07/31/25
$1,249,999
03/26/25
$1,299,999
Condition Rating
Fair
The property was built in 1956, making it over 50 years old. While the description states it is 'well maintained,' and some updates are evident, the overall style and condition of the interior components, particularly the kitchen, align with a 'fair' rating. The kitchen features light wood cabinets and what appears to be laminate or older granite-look countertops, along with basic tiled flooring, suggesting a renovation that occurred 15-30 years ago. The bathroom shows a more recent update with a granite-topped vanity and modern-ish fixtures, but it's not a high-end or brand-new renovation. The presence of wall HVAC units in two of the three units also indicates a less modern system compared to central air throughout. The property is functional and maintained, but key areas show signs of being outdated and would benefit from cosmetic updates to meet current standards.
Pros & Cons
Pros
Exceptional Investment Opportunity: This triplex offers three distinct income-generating units in one purchase, explicitly highlighted as a 'Great investment opportunity' for maximizing rental income.
Well-Maintained Condition: The property is described as 'well maintained,' suggesting good upkeep and potentially reducing immediate capital expenditures for a new owner.
Diverse Unit Configurations: Comprises a 3-bedroom main house, a 1-bedroom guest house, and a studio ADU, catering to a broad tenant base and offering flexible rental strategies.
Central A/C in Main House: The primary 3-bedroom unit benefits from central air conditioning and heating, a desirable amenity for tenant comfort and market appeal.
Generous Lot Size: A substantial 14,374 sqft lot provides ample outdoor space, potential for privacy, and room for future landscaping or property enhancements.
Cons
Property Age: Built in 1956, the property's age may indicate older systems, components, or a need for more frequent maintenance and potential future upgrades to meet modern standards.
Inconsistent HVAC Systems: Only the main house has central A/C; the guest house and ADU rely on less efficient wall HVAC units, which could be a drawback for tenant comfort and energy costs in those units.
Shared Outdoor Laundry: The guest house and ADU share outdoor laundry facilities, which is less convenient and private for tenants compared to dedicated or in-unit options.