Sold

4862 COCHRAN Street

Simi Valley CA, 93063

$2,790,000


$34.68 per sqft

Sold

1.85 Acres

Land

Listed by Daniel Withers with Berkadia 818-615-1606

The subject property is a Seniors 55 and over development opportunity located at 4862 Cochran Street in the city of Simi Valley. It is situated on 1.85 acres and is located in the Southeast part of Simi Valley.The fully entitled project consists of two buildings with the following unit mix: 42 one-bedroom units and 8 two-bedroom units. A density bonus to achieve 50 units was used which would require five units restricted to very low income ( 4 one-bedrooms and 1 two-bedroom units.) Each unit will have a private patio or balcony. This project is required to provide 50 covered spaces (one carport per unit) and will provided these throughout the site. In addition there will also be 12 uncovered guest spaces provided between the two buildings at the center of the site.

14796209

MLS ID

March 18, 2024

Updated

Map

4862 COCHRAN Street
Simi Valley CA, 93063

Exterior/Building Features

Lot Size

1.85 Acres

Other Property Details

Area Name

SVE - East Simi


Days on Market

89


Garage

No


View

Yes


County

Ventura


Pool

No

Listing Contact: 818-615-1606 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/18/2024 at 6:35 PM UTC

 

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