$2,000,000
SOLD AUG 8, 2024
5 Beds
3 Baths
2,434 Sq Ft
0.86 Acres

Recently Sold

$822 Per Sq Ft

9% Below List Price

111 Days on Market

Highlights

  • RV Gated
  • 0.86 Acre Lot
  • Neighborhood Views
  • Simi Valley High School Rated A-
  • No HOA
  • Separate Outdoor Workshop

About This Home

As of August 2024

It is anticipated that area will be within a new Mixed Use area known as the Tapo-Mixed Use area. If approved by the City Council (anticipated date will be late summer), the density will be as detailed in the city's MU code . Mixed-Use (MU) Overlay District Standards. Residential density. THE ALLOWED RESIDENTIAL DESITY IS 20.1 to 35 UNITS PER ACRE!
Commercial (Office Building). Large secured lot with offices and huge flat space for over-sized vehicle parking.  Plus 2 large storage buildings approx 20'x40' and another approx 12'x36'.  Room to park approx 20+ trailers around the edge of property!
5 or more large offices, + a large bullpen area, 3 Restrooms, Kitchen & open space, development potential. Perfect for so many types of businesses.
Includes copper plumbing, A/C. Corner of Adam Rd and Tapo St, high visibility.
See supplements attachment about the zoning change to mixed use, high density.
Located in the Tapo Street Area of Envision Simi Valley
The Envision Simi Valley project will develop a community vision for the Los Angeles Avenue Corridor and the historic Tapo Street Area. This vision will identify how the Los Angeles Avenue Corridor could become a Downtown area for shopping, entertainment, and mixed use residential development. It would also establish a neighborhood identity for the Tapo Street Area, with increased walkability and diverse commercial and residential opportunities. The ultimate 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.

Last Agent to Sell the Property

Scott Post

Rodeo Realty Brokerage Phone: 818-535-6028 License #01908413 Listed on: 03/05/2024

Rodeo Realty

Last Buyer's Agent

Larry Nease

Terra Conejo Properties Inc. License #00781554

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,254

Year Built

  • Built in 1948

Lot Details

  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 20 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • RV Gated

Home Design

  • Mixed Use

Interior Spaces

  • 2,434 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Kitchenette
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 8401
  • Assessor Parcel Number 6250010400

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,254

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Mixed Use
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: unknown
  • View: Yes
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 6250010400
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2434.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 821.69
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Kitchenette

Exterior Features

  • Other Structures: Workshop
  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: RV Gated
  • Total Parking Spaces: 22.00
  • Uncovered Spaces: 20.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Schools

  • School District: Simi Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 37635.00
  • Lot Size Acres: 0.8640
  • Latitude Manual: 34.28463400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37635.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 84.01
  • Tax Lot: 13
  • Tax Tract Number: 008401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 14, 2024
Sold by
Cartier Family 2008 Revocable Trust and Cartier Eric D
Bought by
Ccsv
Seller's Agent
Scott Post
Rodeo Realty
Buyer's Agent
Larry Nease
Terra Conejo Properties Inc.
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.51%

Purchase Details

Closed on
Jul 27, 2010
Sold by
U S Bank Na
Bought by
Cartier Eric D and Cartier Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2009
Sold by
Tate Richard A
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 24, 2007
Sold by
Noutary Vicki M
Bought by
Tate Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2007
Sold by
Tate Janet Wendy
Bought by
Tate Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 1996
Sold by
Noutary Vicki
Bought by
Noutary Vicki M

Purchase Details

Closed on
Mar 7, 1996
Sold by
Hovell Gerald F and Hovell Inez
Bought by
Noutary Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back
Source: Public Records

Similar Home in Simi Valley, CA

  • 4421 Adam Rd, Simi Valley, CA 93063

    $2,490,000

    • 5 Beds
    • 3 Baths
    • 2,434 Sq Ft
    • 4421 Adam Rd
    • Simi Valley, CA

    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

    Larry Nease Terra Conejo Properties Inc.

    Section Image

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,000,000 Wfg Title Company
Grant Deed $690,000 Chicago Title Glendale
Trustee Deed $610,875 Servicelink
Grant Deed $1,400,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Grant Deed $380,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $297,000 Commercial
Previous Owner $276,000 Commercial
Previous Owner $345,000 Commercial
Previous Owner $200,000 Unknown
Previous Owner $185,000 Commercial
Previous Owner $185,000 Commercial
Previous Owner $1,260,000 Commercial
Previous Owner $345,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 For Sale $2,490,000 +24.5% $1,023 / Sq Ft
08/08/2024 08/08/24 Sold $2,000,000 -9.1% $822 / Sq Ft
03/05/2024 03/05/24 For Sale $2,200,000 -- $904 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $11,254 $2,000,000 $1,900,000 $100,000
2024 $11,254 $866,667 $690,825 $175,842
2023 $10,624 $849,674 $677,279 $172,395
2022 $10,604 $833,014 $663,999 $169,015
2021 $10,533 $816,681 $650,980 $165,701
2020 $10,341 $808,308 $644,306 $164,002
2019 $9,913 $792,460 $631,673 $160,787
2018 $9,844 $776,923 $619,288 $157,635
2017 $9,645 $761,691 $607,146 $154,545
2016 $9,248 $746,757 $595,242 $151,515
2015 $9,078 $735,541 $586,301 $149,240
2014 $8,979 $721,134 $574,817 $146,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24044011

California Regional Multiple Listing Service (CRMLS)

APN: 625-0-010-400