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1445 E Los Angeles Avenue, Simi Valley, CA 93065

Commercial property

1445 E Los Angeles Avenue, Simi Valley, CA 93065 Sold July 2023 CRMLS
$7,300,000Sold July 2023

Listing Agent: Alexander Ghatan (DRE #01312344) · Listing Office: Alexander Ghatan · Contact: 310-560-1086 · Bought with: Josh Markowitz · Markowitz Commercial Real Estate, Inc. · MLS #23240837 · Source: CRMLS

41,907
Building Sq Ft
8.23%
Cap Rate
93,654 sqft
Lot Size
1979
Year Built
CPD
Zoning
Commercial property
Type

About this commercial property

Markowitz Commercial Real Estate and Skyline Property Group have been selected to exclusively market for sale the Executive Center of Simi Valley. The subject property is a stable, cash-flowing, multi-tenant office investment with upside, which can also be positioned for an owner-user. Strong historical occupancy rates and desirable small office footprints demonstrate the stability of the subject property, and a current 14% vacancy rate offers the new owner upside on top of existing cash-flow.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$7,300,000
Sold July 2023 · listed $7,500,000, on market January 2023 · MLS #23240837 · Source: CRMLS
Listing Agent: Alexander Ghatan · Listing Office: Alexander Ghatan · Contact: 310-560-1086 · Bought with: Josh Markowitz · Markowitz Commercial Real Estate, Inc.
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