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1740 Patricia Ave, Simi Valley, CA, 93065

18beds
18baths
10,500sqft
$3,999,000
$381price/sqft
$27,417/moest. monthly cost
$1,096,680/yrincome needed

About This Home

Discover modern living at its finest with this exceptional new construction opportunity at 1740 Patricia Ave in Simi Valley. This boutique collection of six beautifully designed townhomes offers the perfect blend of style, comfort, and functionality. Each spacious residence features 3 bedrooms, 2.5 bathrooms, and approximately 1,700-1,800 square feet of thoughtfully crafted living space each with their own attached 2 car garage. Step inside to find bright, open-concept floor plans enhanced by sleek laminate wood flooring, elegant quartz countertops, and contemporary recessed lighting throughout. The gourmet kitchens are equipped with stainless steel appliances, ideal for both everyday living and entertaining. Every detail has been carefully curated to reflect today's modern lifestyle, including the latest smart home amenities for added convenience and efficiency. These homes provide the perfect balance of sophistication and practicality, all set in a desirable Simi Valley location close to shopping, dining, and commuter routes. If you're looking for a smart investment with massive income/cash flow, this limited offering delivers quality, style, and value in one compelling package.

Getting Around

79
WalkingVery Walkable
28
TransitSome Transit
84
BikeVery Bikeable

Schools

3/10
5/10
Sinaloa Middle SchoolGrades 6-81.1 mi
8/10
Royal High SchoolGrades 9-120.7 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Slab
  • Roof: Tile
  • Construction materials: Stucco

Type & Style

  • Home type: Apartment
  • Architectural style: Mediterranean
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Tankless Water Heater,Dishwasher,Disposal,Refrigerator
  • Laundry features: In Garage

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 18
  • Full bathrooms: 12
  • 1/2 bathrooms: 6

Features

  • Recessed Lighting,Quartz Counters
  • Window features: Double Pane Windows
  • Flooring: Laminate,Wood/Wood Like
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Central Furnace,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 10,500
  • Total interior livable area: 10,500 sqft

Property

Details

  • Parcel number: 6320060065
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Entry location: Ground Level - No Steps
  • Patio & porch: Concrete Slab,Front Porch
  • Exterior features: Balcony
  • Has view: Yes
  • View description: City,Mountain(s)

Lot

  • Lot size: 0.37 Acres
  • Features: Rectangular Lot,Level

Parking

  • Total spaces: 2
  • Parking features: Garage Attached,Driveway,Garage - 1 Door
  • Has garage: Yes
  • Attached garage spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High

How This Home’s Risks Compare

Inland Flooding
Earthquake

FEMA Declared Disasters in Ventura County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $20,221$242,652
Home Insurance *$863$10,356
Property Taxes $4,082$48,984
Electricity $2,251$27,019
Total$27,417$329,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$940,011/yr
40% on housing$822,510/yr
45% on housing$731,120/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$381This listing

vs Other Active Listings

Avg $/sqft

ZIP 93065$413
Ventura County$554

vs Homes Sold Last Month

Median $/sqft

ZIP 93065$465
Ventura County$515

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-21Listed for sale$4,300,000
2017-11-07Listing removed$2,500
2017-10-18Price change$2,500
2017-09-10Listed for rent$2,850
2017-08-04Sold$500,000
2000-03-01Sold$230,000
1998-09-09Sold$40,275
1995-05-11Sold$126,000

New Construction

AgentSteven Aslanian
BrokerageRE/MAX ONE

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