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.

Property details

Property type

Land

Lot size

21,344 sqft

Location

1453 Patricia • Simi Valley, CA 93065

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Listed by

Meir Derhy · SO. CALIFORNIA REAL ESTATE CO.

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1249 Gibson Avenue: Sold $830,000 · 5 bd · 3 ba · 2,100 sqft · Sep 2026 · 0.6 mi
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Closed sales reported in 93065, nearest first, last 12 months. All recent sales in Simi Valley →

Land - 1453 Patricia, Simi Valley, CA