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1030-1999 E Los Angeles Ave
Simi Valley, CA 93065

Los Angeles Square · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
15,207 SF
Building Class
B
Year Built/Renovated
1983/2009
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.13 AC
Zoning
CPD
Parking
53 Spaces (3.49 Spaces per 1,000 SF Leased)
Frontage
313 FT on 1st St

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection

About 1030-1999 E Los Angeles Ave , Simi Valley, CA 93065

Marcus & Millichap, as exclusive advisor, is pleased to present the fee simple interest in 1030 East Los Angeles Avenue (“the Property” or “Los Angeles Square”), a fully leased, multi-tenant retail center located on the signalized corner of two vital thoroughfares in the affluent Southern California community of Simi Valley. A truly dynamic location on the corner of East Los Angeles Avenue and First Street, with the former acting as the main retail corridor for all of Simi Valley, and the latter connecting the 118 Freeway and the Simi Town Center Mall to the affluent community of Wood Ranch. Tenants at Los Angeles Square benefit from traffic counts exceeding 53,000 vehicles per day, easy access to the 118 and 23 Freeways, and a dense, affluent residential community. Extensive recent renovations to the exterior, common areas, and mechanical systems minimize future capital costs for the investor while also placing the Property as one of the more modern and attractive retail centers in Simi Valley. The diverse and seasoned tenant roster boasts a weighted average lease term remaining of 5.2 years, making Los Angeles Square an ideal 1031 Exchange investment or portfolio acquisition. www.1030LAAve.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
631-0-101-160
Land Assessment
$1,781,769
Improvements Assessment
$4,797,720
Total Assessment
$6,579,489
  • Listing ID: 17920860

  • Date on Market: 12/9/2019

  • Last Updated:

  • Address: 1030-1999 E Los Angeles Ave, Simi Valley, CA 93065

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