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… Read More 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 offers projected rental income of approximately $2,500/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. Read Less
Property listed by Keller Williams Exclusive Properties, Brent Ruzicka 805-777-7117
Listing Snapshot
Days Online
14
Last Updated
Property Type
SingleFamilyResidence
Beds
6
Full Baths
4
Square Ft.
1,990
Lot Size
0.16 Acres
Year Built
1971
MLS Number
226001955
Additional Details
Building
Built in 1971, Living area: 1990.0, 1 storey, Levels: One, Entry level: 1
Floors
Laminate
Lot
0.16 acres
Taxes
Parcel Number: 6390162275, Zoning: R1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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