1727-1745 E. Los Angeles Ave. 

Simi Valley, CA

 Sale Price: $1,460,000

Size: 5,792 SF

Press Release:

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Ron Feder is pleased to report the successful closing of the Kobe Center in Simi Valley. The 100% leased retail strip center which consisted of 5,792 square feet of buildings contained 5 tenants between two buildings. The buyer was in a 1031, tax deferred, exchange and paid cash for the property. Since Covid 19 hit while the escrow was active, Ron was able to negotiate a rent guarantee and a price adjustment to help complete the transaction. The sale price was $1,460,000.

Property Inquiry: