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2369 Royal Ave

1.63 Acres of Commercial Land Offered at $2,500,000 in Simi Valley, CA 93065

Investment Highlights

  • 1.63 Acres (71,220 SF) of land available for development.
  • Currently paved with 80 parking stalls
  • Located on Royal Ave/Cherry Ave/Rosemary St

Executive Summary

±1.63 Acres of Land for Development. Attached site plan is a proposed development. City of Simi Valley will allow 60+ units. Land will be delivered vacant. Zoned RH (Residential High Density)

Property Facts Under Contract

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.63 AC

1 Lot Available

Lot

Price $2,500,000
Price Per AC $1,533,742.33
Lot Size 1.63 AC

±1.63 Acres of Land for Development. Attached site plan is a proposed development. City of Simi Valley will allow 60+ units. Land will be delivered vacant. Zoned RH (Residential High Density)

Description

1.63 Acres (71,220 SF) of land available for development. Currently paved with 80 parking stalls.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
638-0-030-340
Land Assessment
$139,370
Improvements Assessment
$966,589
Total Assessment
$1,105,959

zoning

Zoning Code RH
RH
  • Listing ID: 25738100

  • Date on Market: 5/18/2022

  • Last Updated:

  • Address: 2369 Royal Ave, Simi Valley, CA 93065

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