1453 Patricia, Simi Valley, CA 93065
- $1,395,000
List Agent Meir Derhy () 818-518-7252 SO. CALIFORNIA REAL ESTATE CO.; CoList ()
- List Price
- $1,395,000
- Status
- ACTIVE
- MLS#
- WS26185908
- Lot Size
- 21,344
- Lot Location
- Near Park, Yard
- Days on Market
- 17
- 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.
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Additional Information
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.