$1,339,875

Estimated payment $7,809/month

Total Views 14
8 Beds
6 Baths
3,871 Sq Ft
$346 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Hillside Middle School Rated A-
  • No HOA
  • Laundry Room

About This Home

Rare Simi Valley 4-plex --the real deal built as a 4plex community - not a bunch of garage & room conversions/add-ons :). Still has upside potential. The 3 bedroom unit & the 1 bedromm unit have been super updated within past 2 years. Quartz counters, new windows, LVT floors etc. But the 2 two bedroom units remain original with low rents. More recent exterior paint & roof too. 4 car covered parking + spaces. Back 3 bdrm unit has it's own big patio & yard. The front unit 1 bdrm & 2 bdrm have private patios PLUS all units access a big central patio & BBQ area. Laundry Room too. Great location, can't be matched in Simi Valley today.

Listing Agent

Kreg Gable

R.R.Gable, Inc. Brokerage Phone: 805-660-2171 License #00458382 Listed on: 06/18/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 11,325 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,871 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available
  • Paved Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 211800
  • Assessor Parcel Number 6380282025
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sycamore Terrace Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Electric Expense $2,400
  • Fuel Expense $1,740
  • Gardener Expense $2,400
  • Insurance Expense $3,800
  • Maintenance Expense $2,400
  • Professional Management Expense $3,000
  • Trash Expense $5,200
  • Water Sewer Expense $3,360
  • New Taxes Expense $15,720
  • Operating Expense $37,620
  • Gross Income $85,200
  • Net Operating Income $57,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.26 Acres

Listing Details

  • Assessments: No
  • CapRate: 4.25
  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Subdivision Name Other: Sycamore Terrace (235)
  • Water Sewer Expenses: 3360.00
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 6380282025
  • Year Built: 1971
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl, Carpet
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 346.13

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Drywall Walls

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Paved, Detached Carport, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 5200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Curbs, Street Lights, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Level, 2-5 Units/Acre, Front Yard, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 11325.00
  • Lot Size Acres: 0.2600
  • Latitude Manual: 34.26738200

Rental Info

  • Tenant Pays: Gas, Telephone, Sewer, Cable TV, Electricity

Multi Family

  • Electric Expense: 2400.00
  • Fuel Expense: 1740.00
  • Gross Income: 85200.00
  • Gross Multiplier: 24.00
  • Gross Scheduled Income: 85200.00
  • Gross Spendable Income: 57200.00
  • Insurance Expense: 3800.00
  • Lease Term: Month To Month, 12 Months, 24 Months
  • Lot Size Area: 11325.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 57200.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 27900.00
  • Operating Expense Percent: 33.00
  • Rent Control: No
  • Total Actual Rent: 7100.00
  • Total Expenses: 37620.00

Tax Info

  • New Taxes Expense: 15720.00
  • Tax Lot: 42
  • Tax Tract Number: 211800

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,028 $454,371 $244,288 $210,083
2024 $7,028 $445,462 $239,498 $205,964
2023 $6,596 $436,728 $234,802 $201,926
2022 $6,486 $428,165 $230,198 $197,967
2021 $6,364 $419,770 $225,684 $194,086
2020 $6,179 $415,468 $223,371 $192,097
2019 $5,863 $407,323 $218,992 $188,331
2018 $5,764 $399,338 $214,699 $184,639
2017 $5,599 $391,509 $210,490 $181,019
2016 $5,330 $383,833 $206,363 $177,470
2015 $5,178 $378,069 $203,264 $174,805
2014 $5,127 $370,665 $199,283 $171,382
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2026 06/18/26 For Sale $1,339,875 -- $346 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26133918

California Regional Multiple Listing Service (CRMLS)

APN: 638-0-282-025

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