3
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$1,395,000
Est. payment /mo
0.49 Acres Lot
New
1453 Patricia Simi Valley, CA 93065
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26185908
Lot Size 0.490 Acres
Property Sub-Type Lots/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.
Location
State CA
County Ventura
Direction patricia
Interior
Fireplace No
Exterior
Utilities Available Electric, Telephone
View Y/N No
Others
Senior Community No
Tax ID 6320020135
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Meir Derhy, DRE#01133364 SO. CALIFORNIA REAL ESTATE CO.
NEARBY SCHOOL & BUSINESS
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