1518 Cochran St Simi Valley CA 93065 MLS #2961930222

Proud to present a rare and exceptional opportunity for a SFR and 3 ADUs! Currently 3 ADU incomes at $6, 100.00. Main house at $3900.00 totaling $10, 000 per month! Currently no rent control for area allowing new owner to set fresh rental agreements. ADUs are permitted! 2- 1 bed 1 bath, 1 JR Studio, main house 3 bed 2 bath each with own laundry, kitchen, living, HVAC and tankless. Each have separate entrances. ADUs construction and main house remodeled less than 4 years with Q3 rated high quality construction. 2 detached ADUs with private patios and Garage JR ADU creating horseshoe design on 8, 000 sq ft lot. Current parking up to 8 cars in new driveway plus street parking on Cochran. Newer 200 amp panel, mainline, sewer main, windows, doors, floors, counters, cabinets, open floor structural changes all completed! Do the math on this one and discover the price is set way below the INCOME approach to value. Investment could have immediate positive cash flow. Primary has a rare opportunity for a family compound or a substantial contribution of rental income. Will be difficult to find another property like this!