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- LoopNet Team
3719 Walnut
Simi Valley, CA 93063
Land For Sale
·
12.34 AC
INVESTMENT HIGHLIGHTS
- SIGNIFICANT VALUE-ADD POTENTIAL
- CLEAR ENTITLEMENT PATH FOR RESIDENTIAL DEVELOPMENT
PROPERTY FACTS
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Residential | Total Lot Size | 12.34 AC |
| Zoning | RM, Residential Medium | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 12.34 AC |
| Zoning | RM, Residential Medium |
DESCRIPTION
The Property is +12.34 acres across three contiguous parcels with a General Plan Land Use designation of Residential Medium Density (RM) allowing for residential development with densities between 3.6-5.0 du/ac. The property is also zoned RM (Residential Medium) which, like the General Plan designation, allows residential development up to 5 du/ac. Furthermore, the Property has been identified in the 2021-2029 Simi Valley Housing Element as a residential land resource with a contemplated unit count of 30 units.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,115,093 | Total Assessment | $1,115,093 |
PROPERTY TAXES
