1196 Patricia
Simi Valley , California 93065
- Listing Type:
- For Sale
- Listing Price:
- $26,700,000.00
- Property Type:
- Multi-Family
- Property Subtype:
- Low-Rise/Garden
- Year Built:
- 2019
- Listing Status:
- Active
- Building Size:
- 51319 SqFt
- Land Area:
- 1.20 Acres
Description:
65 Units, Prime Ventura County location. A record 27% of Redfin housing searches in July 2020 were seeking to move from urban centers to suburban locations. • As a result of COVID-19, the multifamily rent growth outperformance experienced in suburban locations since 2013 is only expected to widen in the years to come. Strong Market Fundamentals Simi Valley is reporting a vacancy rate of 3.5% as of Q3 2020. Class A multifamily in Simi Valley has averaged year-over-year rent growth of 3.5% for the past 10 years.
The Property features a high-end amenity collection that includes a resort style pool, expansive outdoor courtyard with communal kitchens and fireplace, membership quality fitness center, yoga room, a business center, and a media room.
Custom-designed interiors include natural wood style designer flooring, state-of-the-art “Latch†keyless entry system, Nest thermostats, quartz countertops, Moen fixtures, and a high-end stainless-steel appliance package.
Resort-style pool with lounge seating
Large outdoor courtyard with dining areas, BBQs, and outdoor fireplace
Club-quality fitness center with yoga studio
Resident clubhouse
Business center & collaborative workspaces
Private garages
Custom-designed unit interiors feature 9’ ceilings, quartz countertops, stainless-steel appliances, “Latch†keyless entry, and Nest thermostats
Presented by:

Listed by:
Keller Williams Realty Calabasas
Calabasas
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