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Marlo Hoggro-King

realtormarloking@gmail.com +1(562) 547-4324

$ 799,000

Est. payment -/mo

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Price Dropped by $70K

1874 Hubbard ST Simi Valley, CA 93065

5 Beds

3 Baths

1,800 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $443

MLS Listing ID 226004244

Bedrooms 5

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1950

Lot Size 10,454 Sqft

Property Sub-Type Single Family Residence

Property Description

Huge price reduction signifies owners motivation to sell. Cheapest Single family residence with an ADU in Simi Valley. Tucked away on a very spacious lot of over 10,450 square feet of versatile usage. This expansive open yard area offers unrivaled practicality. The expansive open area can easily accommodate both an RV as well as a boat; or it would suit a tradesperson who needs a lot of space to park heavy equipment and work trucks. Just the size of the lot alone makes it a rare find for the outdoor enthusiast, a business owner looking for good rental investments, or a construction owner who needs parking for heavy machinery. Zoned for high density, this property has the zoned ability to add more units; units can be legally added to in the form of another home(s) up to total residential structures of 4-5 units, -(buyer and/or buyers agent to verify this). The home itself offers boundless opportunities. Currently it has been rented as a single family residence with an ADU. The main house was rented as a 4 bedroom and two bathroom house. The ADU is a one bedroom and one bathroom simi-attached residence with it's own backyard. However, the floorplan can allow for a 3 bedroom one bathroom main house. with a back studio one bedroom one bathroom attached but separate living space. There is also a tiny living area roughly 8 feet by 6 feet. and a separate entrance from the backyard, there too, would be their own private yard space. The one bedroom one bathroom ADU also has a separate entrance, and their own backyard. There is a separate laundry room in the center of the house accessible to all units. There are many options to consider upon the current living arrangements. You also have options to build up and/or to build out. One could actually demo the entire house and build an apartment complex of up to 4-6 units,(Note: Buyer to verify). if one so chooses to invest that heavily in the form of a ground up project.From its multi-generational living options and impressive income potential, to in law quarters for an aging parent or teenage/adult son or daughter, this move in ready property represents a unique property and buying opportunity that seamlessly connects lifestyle flexibility with long term investment value.

Location

State CA

County Ventura

Area Svw - West Simi

Zoning RH-15.0

Rooms

Other Rooms Guest House, Shed(s)

Interior

Heating Wall Furnace

Flooring Wood

Inclusions Large back yard shed will remain on the premise. Two front patio chairs. One back yard love seat chair.

Fireplace No

Appliance Microwave

Exterior

Parking Features Driveway, Oversized, RV Access/Parking, One Space, Side By Side

Fence Wood

View Y/N No

Porch Front Porch, Porch

Total Parking Spaces 6

Private Pool No

Building

Lot Description Near Public Transit, Sprinklers None, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Guest House, Shed(s)

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 6320030665

Security Features Closed Circuit Camera(s),Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan, VA No Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan, VA No Loan

Special Listing Condition Real Estate Owned, Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Damian Lindo Sunset Coast Realty #01840764

Marlo Hoggro-King

Agent

+1(562) 547-4324

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Marlo Hoggro-King

1874 Hubbard ST Simi Valley, CA 93065

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1874 Hubbard ST