4524 Adam Rd, Simi Valley, CA 93063

Property Description

Incredible income property opportunity for owner-users and investors. This well maintained nearly ½ acre (horse property) flat LOT generates dependable income with wonderful long-term tenants eager to stay! Consisting of 3 buildings, the main house, the duplex and the detached oversized 2-car garage, this captivating property is one you can’t afford to miss! Upon arrival, the tastefully designed landscape welcomes you with walking paths, a kissing bench, flowers and many fruiting trees: avocado, peach, lime, cherry, tangerine, lemon (eureka & meyers), pomegranate, red flame grape vine, plus a rosemary bush & oregano bush. In the MAIN HOUSE you will find modern updates throughout. The building is a well proportioned 1542 sq.ft. 2 bed 2 bath home with central heat and air, updated electrical & plumbing. The living room is open and spacious with its vaulted ceiling & exposed beams. The kitchen and guest bathroom have been fully renovated and the primary bathroom is upgraded nicely. Within the ultra private patio is a killer jacuzzi and a great area to dine al-fresco. The expansive backyard is perfect for pets, playtime, grilling & chilling. The oversized GARAGE has undeniable ADU conversion potential with its own parking area and private yard... ca-ching another income stream. The rear building is a 1250 sq.ft. duplex. Unit 1 is 500 sq.ft. 1 bed 1 bath, Unit 2 is 750 sq.ft. 1 bed 1 bath. The units share a brand new 50-gallon water heater and have their own central AC & heat. The duplex yard offers shady & tranquil areas for residents to relax & restore. An outdoor storage shed keeps the tenants yard tidy and tools tucked away. The property is sectioned with gates and provides ample off-street parking for all residents. North of the 118 fwy, this horse & farm-animal friendly neighborhood is also a solid rental area. PLUS the property location is near to everything: parks, shops, hiking & biking trails, Trader Joes, Target, the movies and more. All utilities are currently shared, however, they can be easily monitored with wifi technology solutions. Please request our data sheets for our extensive and detailed list of renovations. Showings are easy to schedule so please DO NOT DISTURB TENANTS. Call now for your private tour.