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Eight-Unit Multifamily Property
New
For Sale
$3,695,000

1378 Patricia Ave, Simi Valley, CA 93065

Two contemporary residential buildings provide landscaped grounds and on-site parking in Simi Valley.

Property SizeContact for details
Days on Market4

Property Features for 1378 Patricia Ave

General Information

Standard status Active
Total Parking Spaces 18
Property subtype Investment

Additional Details

Sprinkler System Yes
Multifamily Units 8

Amenities

9-foot ceilings
landscaped grounds

Building Details

Year Built 2016
Buildings 2
Stories 2
Units 8
Listing Agency: Apartment Investment Specialists - Lieberman
Listed By: Craig Lieberman · License #00682741
Source: Elliman
Added: Oct 23 Changed: Oct 26 Last Checked: Oct 26 at 6:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apartment Investment Specialists - Lieberman

Rey
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Investment Insights

Based on property information with market context.

At 1378 Patricia Avenue, two two-story buildings contain four units each. Built in 2016, the property includes fire sprinkler systems, 9-foot ceilings, and unit separations intended to provide privacy between residences. The buildings have a contemporary, condominium-influenced design.

The Simi Valley property also features 18 on-site parking spaces and landscaped grounds.

Key Highlights

  • Two two‑story buildings with four units each
  • Built in 2016
  • Fire sprinkler systems and 9‑foot ceilings

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

8
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,833
Businesses Nearby

Demographics for 93065, CA

73,943
Population
26,260
Households
2.8
Avg Household Size
41
Median Age
38%
College-Educated
92%
High-School Grad
29.8 sq mi
ZIP Area
2,481
Density / Sq Mi
$113,893
Median Household Income
$57,549
Median Earnings
$2,612
Median Rent
$759,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two contemporary residential buildings provide landscaped grounds and on-site parking in Simi Valley.
Where is this multifamily property located?
The property is located at 1378 Patricia Ave Simi Valley, CA.
What is the asking price?
The asking price for this property is $3,695,000.
What are key features of this property?
This property features: Two two‑story buildings with four units each; Built in 2016; Fire sprinkler systems and 9‑foot ceilings
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