1453 Patricia
Property Overview
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.
Home Details
- Property type
- Land
- Lot size
- 21,344 sq ft
- Days on market
- 3
- MLS status
- Active
- Zoning
- Rh-15
Features & Amenities
Lot
- Near Park
- Yard
Community, Schools & Utilities
Community
- View
- None
Utilities
- Electric
- Standard
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 1453 Patricia
Property type: Land
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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