98 W Cochran Street, A, Simi Valley, CA 93065

$1,834,280

Property Type: Commercial Square Footage: 6,551 Status: Closed

Current Price: $1,834,280 List Date: 4/14/2020 Last Modified: 4/19/2021

Overview

Description

Office or flex condominium with prominent street frontage. 90% Financing. SBA WILL PAY 6 MONTHS PAYMENTS on their portion of 504 program loans instituted by 9/26/20. APRIL 504 EFFECTIVE RATE - 3.03%. 25 YEAR TERM & AMORTIZATION. Private and open offices, storage area with roll-up door, 2 restrooms, sprinklers, separate HVAC units and electrical meter. Building just repainted, parking area repaved, and landscape upgraded. Signage rights on building and new street pylon. Association fees for professional property manager, property insurance, building, landscaping, and parking lot maintenance, fire alarms and sprinklers, trash, water, exterior lighting, and more, only $1115.64/month. Support your business with the facility and improvements it needs. Protect your business from rent increases, building sales, poor maintenance. Leverage your cash with 90% financing. Control overhead with fixed payments. Increase flexibility with ability to sell or lease out the space an ... (Read more)

Listing Details MLS# 220003803

General Property Information

Approx SqFt: 6551
Year Built: 1989

Property Features

Financing: Cash to New Loan Survey Type: Survey Done Terms: Cash; Cash to New Loan

Listing Location and Property Info

Entry Date: 2020-04-13
Listing Price: 1998055
Property Sub-Type: Sale
Street #: 98
Direction: W
Street Name: Cochran
Suffix: Street
Unit #: A
County: Ventura
State/Province: CA
Zip Code: 93065
APN/Tax ID: 5790062245
Area: SVW - Simi West
Country: US

Listing Info

# of Units: Yes
Lease Type: Other

Property Info

Cooling: Yes

Status Change Info

Pending Date: 2020-05-08
Closed Date: 2020-08-10
Closed Price: 1834280
Sold Price/SqFt: 280

More Information

BusinessBuilding Information

Park Name: Simi Valley Business Center

Parking Information

Parking Ratios: 2.9

Signage

Sign Freestanding: Sign On Project Street Monument

Listing, Location and Property Info

List Price/SqFt: 305
Zip + 4: 963

Terms

Cash: Yes
Cash to New Loan: Yes

Financing

Cash to New Loan: Yes

Survey Type

Survey Done: Yes

Listing Office: Phillip Linton, Broker

Listing Agent: Phillip C Linton |

Last Updated: April - 19 - 2021

Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.