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Seniors Housing

525 E Los Angeles Ave

525 E Los Angeles Ave, Simi Valley, CA 93065

Listing Price: $2,550,000

Lot Size
1.47 acres
Price/Acre
$1,739,998
Land Type
Redevelopment

Investment Overview

Marcus & Millichap has been selected to exclusively represent for sale 525 East Los Angeles Avenue, a 63,838 square foot piece of land zoned CPD. The subject property is located just on East Los Angeles Avenue between Madera Road and First Street in Simi Valley, CA. East Los Angeles Avenue is a main east/west retail thoroughfare that runs through Simi Valley. The site sits directly across from Woodlands Plaza, and just West of the signalized corner of First Street and East Los Angeles Avenue, which is the home to The Valley Marketplace Mountain Gate Plaza, Towne Center Shopping Center, and Sim Valley Plaza, that houses tenants such as Starbucks, Vallarta Supermarket, McDonald’s, Pizza Hut, Gold’s Gym, Union Bank, Bank of America, El Pollo Loco, Pizza Hut and Black Bear Diner. Just east of the subject property is the signalized corner of East Los Angeles and Madera Road, which is home to Target. The site sits approximately 1.5 miles from California Highway State Route 118, with direct freeway access. 525 E. Los Angeles Avenue is fully entitled for a three story, 93-unit senior housing facility that includes podium on grade parking and one level of subterranean parking. The project consists of 76,124 square feet of gross total living area and a 23,903 square foot parking garage. There are balconies on the second and third floors and a total of 61 parking spaces. The proposed project consists of twenty memory care units, ten of which are studio/1 bath (private) and ten of which are semi-private units. There are 73 assisted living units, 24 of which are studio/1bath units, 46 one-bedroom units, and 3 2-bedroom units.

Investment Highlights

  • Fully entitled for a three story, 93-unit Senior Housing Facility
  • 1.47 acres of land (63,838 square feet) zoned CPD
  • Mix of memory care and assisted living units

Exclusively Listed By

Financing By

Seniors Housing

525 E Los Angeles Ave

Listing Price: $2,550,000

Lot Size
1.47 acres
Price/Acre
$1,739,998
Land Type
Redevelopment

Investment Highlights

  • Fully entitled for a three story, 93-unit Senior Housing Facility
  • 1.47 acres of land (63,838 square feet) zoned CPD
  • Mix of memory care and assisted living units

Investment Overview

Marcus & Millichap has been selected to exclusively represent for sale 525 East Los Angeles Avenue, a 63,838 square foot piece of land zoned CPD. The subject property is located just on East Los Angeles Avenue between Madera Road and First Street in Simi Valley, CA. East Los Angeles Avenue is a main east/west retail thoroughfare that runs through Simi Valley. The site sits directly across from Woodlands Plaza, and just West of the signalized corner of First Street and East Los Angeles Avenue, which is the home to The Valley Marketplace Mountain Gate Plaza, Towne Center Shopping Center, and Sim Valley Plaza, that houses tenants such as Starbucks, Vallarta Supermarket, McDonald’s, Pizza Hut, Gold’s Gym, Union Bank, Bank of America, El Pollo Loco, Pizza Hut and Black Bear Diner. Just east of the subject property is the signalized corner of East Los Angeles and Madera Road, which is home to Target. The site sits approximately 1.5 miles from California Highway State Route 118, with direct freeway access. 525 E. Los Angeles Avenue is fully entitled for a three story, 93-unit senior housing facility that includes podium on grade parking and one level of subterranean parking. The project consists of 76,124 square feet of gross total living area and a 23,903 square foot parking garage. There are balconies on the second and third floors and a total of 61 parking spaces. The proposed project consists of twenty memory care units, ten of which are studio/1 bath (private) and ten of which are semi-private units. There are 73 assisted living units, 24 of which are studio/1bath units, 46 one-bedroom units, and 3 2-bedroom units.

Exclusively Listed By

Financing By

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