$2,000,000
$2,200,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,434 SqFt
SOLD DATE : 08/08/2024
Key Details
Sold Price $2,000,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,434 sqft
Price per Sqft $821
Subdivision Unknown
MLS Listing ID SR24044011
Sold Date 08/08/24
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1948
Lot Size 0.864 Acres
Property Description
It is anticipated that area will be within a new Mixed Use area known as the Tapo-Mixed Use area. If approved by the City Council (anticipated date will be late summer), the density will be as detailed in the city's MU code . Mixed-Use (MU) Overlay District Standards. Residential density. THE ALLOWED RESIDENTIAL DESITY IS 20.1 to 35 UNITS PER ACRE!
Commercial (Office Building). Large secured lot with offices and huge flat space for over-sized vehicle parking. Plus 2 large storage buildings approx 20'x40' and another approx 12'x36'. Room to park approx 20+ trailers around the edge of property!
5 or more large offices, + a large bullpen area, 3 Restrooms, Kitchen & open space, development potential. Perfect for so many types of businesses.
Includes copper plumbing, A/C. Corner of Adam Rd and Tapo St, high visibility.
See supplements attachment about the zoning change to mixed use, high density.
Located in the Tapo Street Area of Envision Simi Valley
The Envision Simi Valley project will develop a community vision for the Los Angeles Avenue Corridor and the historic Tapo Street Area. This vision will identify how the Los Angeles Avenue Corridor could become a Downtown area for shopping, entertainment, and mixed use residential development. It would also establish a neighborhood identity for the Tapo Street Area, with increased walkability and diverse commercial and residential opportunities. The ultimate goal is for the City to establish zoning and policy to encourage housing construction, attract new businesses, and increase the quality of life in Simi Valley.
Location
State CA
County Ventura
Area Svc - Central Simi
Rooms
Other Rooms Workshop
Main Level Bedrooms 5
Interior
Interior Features All Bedrooms Down
Heating Central, Natural Gas
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Parking Features RV Gated
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Valley
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Attached Garage No
Total Parking Spaces 22
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Workshop
New Construction No
Schools
School District Simi Valley Unified
Others
Senior Community No
Tax ID 6250010400
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Larry Nease • Terra Conejo Properties Inc.
Real Estate Consultant | License ID: 01971542
+1(562) 595-3264 | karen@iwakoshirealtor.com