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    3799 Walnut Ave Simi Valley, CA 93063

    For Sale
    $2,200,000

    12.55-acre land parcel in Simi Valley foothills.

    Property size:
    12 SF
    Lot size:
    12.55 Acres

    Property Features for 3799 Walnut Ave

    General Information

    Size
    12 SF
    Lot size
    12.55 Acres

    Source: Gary Seaton Agent Gary Seaton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Simi Valley Foothills Land Parcel

    This 12.55-acre land parcel is situated in the northern foothills of Simi Valley, located between Tapo Canyon Rd and Lemon Drive. The terrain varies from flat to rolling to hilly. Approximately 2 acres in the southeastern portion of the parcel are buildable. The property is located in a quiet neighborhood and is within walking distance of the Civic Center and Senior Center. The existing Residential Medium (RM 3.6-5 units/acre) zoning allows for several development options, including up to 16 single-family homes, a senior assisted living facility, or a religious campus. Subject to verification, utilities are available in Walnut St. A zoning increase to Residential Moderate (RMod 5.1-10 units/acre) could potentially allow for the construction of up to 46 senior condos, as per Table 3.3 of the Hillside Ordinance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Simi Valley
    County
    Ventura
    State
    California
    Longitude
    -118.724103
    Latitude
    34.2981973

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    FAQs

    What type of property is this?
    Land - 12.55-acre land parcel in Simi Valley foothills.
    Where is this land located?
    The property is located at 3799 Walnut Ave Simi Valley, CA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Buildable 2-acre portion suitable for development.; - Residential Medium zoning allows for 16 single-family homes, senior assisted living, or religious campus.; - Potential for 46 senior condos with zoning change to Residential Moderate.
    (805) 558-0499
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    3799 Walnut Ave Simi Valley, CA 93063
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    Simi Valley, CA 93063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3799 Walnut Ave Simi Valley, CA 93063
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