4524 Adam Rd

Simi Valley, CA 93063

$1,185,000
Last Sold Price
3
Beds
4
Baths
1,542 Sq. Ft.
$768 / Sq. Ft.
1,542
Sq. Ft.
$768
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 6/15/23
Closed 6/15/23

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,...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.
  1. Listed by Nicole Corey • DRE #01929863 • Brokerage DRE #01885684 • Allison James Estates & Homes
  2. Listed by Brandon Krausen • DRE #01398618 • Brokerage DRE #01885684 • Allison James Estates & Homes

Property Details for 4524 Adam Road

Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Lot Size Dimensions
65x313
Living Area
1542
LISTING CLOSED: 06/15/2023 12:00 AM

Property Details for 4524 Adam Road

StatusClosed
MLS #SR23069002
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Single Family Residence
Year Built1948
Lot Size0.47 AC / 20,258 SF
CountyVentura County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Allison James Estates & Homes, Nicole Corey, DRE #01929863; Allison James Estates & Homes, Brandon Krausen, DRE #01398618

Sold By Premier Agent Network, Anthony Attalla, DRE #02084070

Add your commute

Building Information for 4524 Adam Road

Stories1Residences-Year Built1948Building Size-Lot Size0.47 AC / 20,258 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$7,096 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,905

Property Taxes

$1,191

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4524 Adam Road

Rental Info
Rental Info
  • Tenant Pays: Cable TV, See Remarks
Income / Expense / Tax Details
Income Details
  • Gross Income: $73,740
  • Gross Scheduled Income: $73,740
  • Net Operating Income: $47,622
  • Financing: Cash
Expense Details
  • Operating Expense: $14,399
  • New Taxes Expense: $9,228
  • Gardener Expense: $1,425
  • Fuel Expense: $1,364
  • Pest Control Expense: $550
  • Electric Expense: $8,442
  • Insurance Expense: $2,911
  • Other Expense: $285
  • Other Expense Description: trees
  • Trash Expense: $680
  • Water Sewer Expense: $1,233
  • Total Expenses: $26,118
Tax / Assessment Info
  • Tax Tract Number: 84.01
  • Tax Census Tract: 84.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 49
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Smoke Detector(s)
  • Entry Location: Ground
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Structures: Horse Allowed, Horse Facilities
  • Other Structures: Horse Allowed, Horse Facilities
  • Property Condition: Turnkey
  • Miscellaneous: Horse Allowed, Horse Facilities
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Agricultural, Back Yard, Front Yard, Horse Property, Lot 20000-39999 Sqft, Level, Sprinkler System
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Boat, Driveway, Garage, Public, RV Access, RV Hook-Ups, Side By Side
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Boat, Covered, Driveway, Garage, Public, RV Access/Parking, RV Hook-Ups, Side by Side
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,045
  • Unit Type Total Rent: $3,045
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,100
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Carpet: 0
  • Number With Disposal: 3
  • Number With Drapes: 0
  • Number With Patio: 2
  • Number Wall AC: 0

Property History for 4524 Adam Road

DateEvent & SourcePriceAppreciation
Jun 15, 2023

Sold

CLAW #SR23069002MR

$1,185,000—
Jun 15, 2023

Sold

CRMLS #SR23069002

$1,185,000—
Jun 15, 2023

Sold

SDMLS #SR23069002

$1,185,000—
DateEvent & SourcePrice
06/15/2023

Sold

CLAW #SR23069002MR

$1,185,000
06/15/2023

Sold

CRMLS #SR23069002

$1,185,000
06/15/2023

Sold

SDMLS #SR23069002

$1,185,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4524 Adam Road

Taxable ValueLand$817,130Additions$440,401Total$1,257,531
Tax Record2025$14,290 ($1,191 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,542 SqFtAbove Grade Finished SqFt1,542 SqFtStories1Lot Size20,258 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1948ZoningRVL-CountyVENTURAAPN625-0-030-100

Schools near 4524 Adam Road

This home is within Simi Valley Unified School District.
Rating
School
Type
Grades
Distance
Santa Susana Elementary School
Public - K to 6
Valley View Middle School
Public - 6 to 8
Simi Valley High School
Public - 9 to 12
Justin Elementary School
Public - K to 6
Rating
School
Distance
Santa Susana Elementary School
PublicK to 6

Valley View Middle School
Public6 to 8

Simi Valley High School
Public9 to 12

Justin Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Allison James Estates & Homes, Nicole Corey, DRE #01929863; Allison James Estates & Homes, Brandon Krausen, DRE #01398618

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.