1453 Patricia, Simi Valley, CA 93065
- $1,395,000
- List Price
- $1,395,000
- Status
- ACTIVE
- MLS#
- WS26185908
- Lot Size
- 21,344
- Acres
- 0.49
- Lot Location
- Near Park, Yard
- Days on Market
- 3
- Property Type
- Land
Property Description
Excellent RH-15 residential development opportunity for a high-density multifamily building, townhomes, or condominiums. The zoning allows up to 17 units, and including an affordable-housing component may permit substantially more units through applicable density-bonus programs. Zoning may also allow a three-story building up to 40 feet in height. Several new apartment buildings and townhome developments have recently been completed on the same street. The property includes an existing house that may generate rental income while plans and entitlements are processed. The house and property are being sold strictly as-is. Buyer should contact the City of Simi Valley Planning Division and consult with their architect to verify zoning, density-bonus eligibility, height limitations, development requirements, and the exact number of units permitted. Buyer to conduct all independent due diligence.
Additional Information
- View
- None
- Sewer
- Public Sewer
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Meir Derhy (mderhy@aol.com) from Listing Office: SO. CALIFORNIA REAL ESTATE CO..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.