$1,395,000
 $7,489 est/mo Sourced by Back At You

1453 Patricia,Simi Valley, CA 93065

Simi Valley, CA 93065

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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.

Details

MLS #WS26185908
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site9
Listing Provided BySO. CALIFORNIA REAL ESTATE CO. | Meir Derhy

Features

ZoningRh-15
Acreage0.49
Property ViewNone

Exterior

Lot FeaturesNear Park, Yard
FencingAverage Condition

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
ElectricStandard
SewerPublic Sewer

Location

Community FeaturesSuburban, Park

Area Information

StateCA
CountyVentura
CitySimi Valley
Zip Code93065
Area699 Not Defined
Listing VS Median (in 93065)
Price:
$1,395,000
low | high
Med:
$779,900
94.093189964158% of Average
On site:
9
low | high
Med:
136
6.617647058824% of Average
Sourced by Back At You

Market Activity 93065

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Learn More About This Property

StateCA
CountyVentura
CitySimi Valley
Zip Code93065
Area699 Not Defined
Listing VS Median (in 93065)
Price:
$1,395,000
low | high
Med:
$779,900
94.093189964158% of Average
On site:
9
low | high
Med:
136
6.617647058824% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.46M - $1.743M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1472 Patricia Avenue 7 Property Photo 1
$3,399
1472 Patricia Avenue 7
Simi Valley, CA 93065
Listing Updated: August 28, 2026 at 2:25:50 PM PDT