www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28879317

Simi Valley, CA 93065, Simi Valley, CA 93065

BD
CA CA 01720232
Insite Commercial Real Estate Advisors
Listed by Insite Commercial Real Estate Advisors
$2,700,000
202 days on market
Updated 47 days ago

Residential Development Site | High-Density Zoned

Details
Property Type Land
Sub Type Multifamily Development Land
Broker Co-Op Yes
Acreage 0.440
Zoning RH (Residential High Density)
Ownership Fee Simple

0.44 Acre Infill Parcel | Zoned Residential High (RH) | Potential for 6–9 Units

Marketing description

NDA Link: https://childcareinsite.com/rw8461153/

This is a rare opportunity to acquire a developer-ready parcel in the heart of Simi Valley, located in a Residential High Density (RH) zoning district with strong local demand for new housing. The site spans approximately 19,166 square feet with ~111 feet of street frontage on a quiet residential street, offering an ideal configuration for attached townhomes, small-lot detached homes, or a modern cluster housing concept.

Several nearby lots have already been redeveloped under similar zoning allowances, proving a path forward for infill housing in this established neighborhood. The property’s flat topography, existing utility infrastructure, and strong school district make this an excellent build-to-sell or build-to-rent opportunity.

Conceptual planning supports the development of 6 to 9 units, subject to city approval. New homes in the area regularly command $750,000 to $850,000+ per unit, offering compelling exit economics for builders or small-to-mid-scale developers.

Walkable to nearby parks, schools, and retail, this site combines location, zoning, and scalability in one of Ventura County’s most builder-friendly jurisdictions.

Investment highlights

NDA Link: https://childcareinsite.com/rw8461153/

  1. Zoned RH – Residential High Density
  2. ~19,166 SF rectangular lot with ~111’ of street frontage
  3. Conceptual support for 6–9 townhomes or small-lot homes
  4. Utilities on-site, flat topography, minimal sitework required
  5. Surrounded by completed and ongoing infill residential developments
  6. Located in strong school district and walkable neighborhood
  7. Exit Values: $4.8M–$7.2M based on $800K/unit resale
  8. Developer-friendly planning department and recent nearby approvals

Listing Contacts

BD
CA CA 01720232
Insite Commercial Real Estate Advisors
Listed by Insite Commercial Real Estate Advisors

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
RH(CZ) ResidentialMulti FamilyResidential High Density Conditional Zoning
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 48 uses
View all 48 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
BJ Delhamer
License
CA 01720232
Brokerage
Insite Commercial Real Estate Advisors
Brokerage Phone
7605937653
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591