1951 Sequoia AveSimi Valley, CA 93063

Property Details for 1951 Sequoia Ave

Lot size

0.53 AC

Property size (Sq ft)

5,652 SF

Zone code

RPD10

Property type

Strip malls

Property subtype

Neighborhood centers

APN

642-0-303-305

APU

6420303305

Description

Sequoia Plaza, located at 1951 Sequoia Ave, Simi Valley, CA 93063, presents a fantastic retail opportunity. This commercial strip center end cap boasts a total of 4,521 square feet, with 2,592 square feet currently vacant and immediately available. The property features a convenient location at the southwest corner of East Los Angeles Avenue and North Sequoia Avenue, a major signalized intersection in central Simi Valley. This high-traffic area provides excellent visibility and accessibility to the community's 125,000+ residents, situated at the junction of two major commuter thoroughfares. The building offers ample parking with 22 spaces available for customers and employees. The available space is ideal for a variety of retail uses and presents a unique chance to establish a business in a thriving Simi Valley location. The property is classified as a multi-tenant retail space. Don't miss this chance to secure a prominent retail presence in a high-demand area. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,499,820

  6.5%

  $2,307,526

  7%

  $2,142,703

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,708,456

  Geo Method

  $2,708,456

• Alternative Use

  Use

  Valuation

  Residential

  $1,946,485

  Hospitality

  $1,782,970

  Educational

  $1,483,410

  Medical

  $1,534,426

  Retail

  $2,307,526

Location Insight

City

Simi Valley

County

Ventura

State

California

Latitude

34.2712

Longitude

-118.731

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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