Real estate investor and 19-year computer technician employee with the same company was seeking a cash-out 2nd TD to invest back into this non-owner occupied Simi Valley SFR in Ventura County.
The subject property is a 3,163 sf contemporary designed SFR that sits on a large 10,454 SF corner lot. The property consists of 8 total rooms with 5 BR and 3 BA. The subject features an in-ground pool, enclosed patio, family room, living room and dining room. Schools, shopping, restaurants, recreation and medical facilities are all close by. Rental income on this property is $2,500/month.
Recent Transaction – $260,000 Business Purpose, San Pedro, CA 90731