1378 Patricia Avenue, Simi Valley, Residential Income

Located in Simi Valley, 1378-1380 Patricia Avenue comprises 2 two-story fourplex buildings constructed in 2016. The property features a range of modern construction and design elements, including fire sprinkler systems, 9-foot ceilings throughout, and unit separations designed to support residents’ privacy and quiet enjoyment. The property also offers 18 on-site parking spaces and fully landscaped grounds. Architectural highlights give the buildings a contemporary, condominium-inspired appearance.The seller has indicated the willingness to structure the financing as a seller-carry format that would incorporate a 5% interest-only monthly payment based on a buyer down payment of $1,750,000, that would be used to retire the seller’s outstanding mortgage debt.