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

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 any time. Reduce taxes by deducting depreciation. Build your estate as you pay down your loan. More at www.SimiValleyBusinessCenter.com .

Supplements: ********

More Information MLS# 220003803

Listing, Location and Property Info

List Price/SqFt: 305 Zip + 4: 963

Listing Info

# of Units: 1 Lease Type: Other

Property Info

Cooling: Yes

Status Change Info

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

Terms

Cash: 1 Cash to New Loan: 1

Financing

Cash to New Loan: 1

Parking Information

Parking Ratios: 2.9

Signage

Sign Freestanding: Sign On Project Street Monument

Survey Type

Survey Done: 1

Listing Location and Property Info

Status: Closed Listing Date: 2020-04-13 Current Price: $1,834,280 Sold Price: $1,834,280 Property Sub-Type: Sale Street #: 98 Street Direction: W Street Name: Cochran Street Suffix: Street UnitNumber: A County: Ventura State: CA Zip Code: 93065 APN: 5790062245 Area: SVW - Simi West Country: US

General Property Information

Approx SqFt: 6551 Year Built: 1989

BusinessBuilding Information

Park Name: Simi Valley Business Center

Property Features

Terms: Cash; Cash to New Loan
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.