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2068 Tapo St
Simi Valley, CA 93063

$7,185,895 USD

Carwash For Sale  •  9,134 SF

Property Details

  • Property Type Carwash
  • Total Building Size 35,955 SF
  • Lot Size 3.27 AC
  • Building Class C
  • Year Built 1964
  • Zoning CPD
30 Transit Score
40 Walk Score

Highlights

Prime Simi Valley Retail Corridor – Positioned on Tapo Street with strong visibility, steady traffic counts, and convenient access to the 118 Freeway.
Value-Add Leasing Opportunity – Potential to increase income through renewals at market rates, rent growth, and future leasing initiatives.
Affluent and Established Demographics – Strong household incomes, stable population trends, and favorable demographics support long-term demand.
Internet-Resistant Tenant Base – U.S. Bank and service-oriented tenants rely on in-person visits, limiting exposure to e-commerce competition.
Stable Income with Future Upside – Combines in-place cash flow with future appreciation potential for income-oriented investors.
Supply-Constrained Retail Market – Limited new retail development in Simi Valley supports occupancy levels and long-term rental growth.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $515,604 USD (2026)
Total Expenses: $169,241 USD

Major Tenants

Tenant SF Occupied Lease End Date
Simi Valley Car Wash

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Simi Valley (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 2 min 16 min 0.9 mi
Chatsworth (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 9.3 mi
AirportDriveWalkDistance
Bob Hope 32 min - 24.1 mi
Los Angeles International 51 min - 40.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 127
Type: Surface
Included in Rent: Yes
Ara Rostamian 818-823-0832 Marcus & Millichap
Ara Rostamian 818-823-0832 Marcus & Millichap