Plans have been submitted for a new development at 1424 Patricia Avenue, in Simi Valley. The project has been titled “River House,” and will cater to seniors, with three low income housing units, and the rest of the complex at market rate. Farshid Malek is listed as the applicant.

1424 Patricia Avenue. Photo by Stefany Hedman.
The lot is 1.17 acres. The design is made of one building that is three stories tall, and 37,100 square feet. Inside, there will be 20 one bedroom apartments ranging in size from 662 to 670 square feet and eight two bedrooms at 825 square feet

1424 Patricia Avenue. Image via the City of Simi Valley.
There will be 1000 square feet of common area, including exercise rooms, an office, recreation room, and laundry. The back of the building will have landscaping, a common patio, and a small outdoor cooking area. Some parking will be on the first level, with 31 covered spaces, and five uncovered. Three of the spaces will be handicap accessible, and one will be van accessible.

1424 Patricia Avenue. Image via the City of Simi Valley.
Blake Stephens, of Laguna Niguel, is the architect behind the project. The exterior will have Spanish revival features, including “S” tile roofing, tan and off-white stucco walls and trim, stacked stone projections, and bronze-finished metal elements on the railings, balconies, and gates. Access will be provided by a central elevator and stairways at the front, midpoint, and rear of the building.

1424 Patricia Avenue. Image via the City of Simi Valley.
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Good afternoon: I would like information on prices. Thank you very much.
Yeah, so much for “low-income” housing. They currently have 126 applications from needy seniors but have 5 units that haven’t rented since 2024, because the low-income seniors who want in are too poor to qualify for the low-income housing. Such bullshit from YIMBYs. You all need to take a class in economics. And by the way, where in the country does a senior making 85k a year need a low-income unit? This is just a racket to line the pockets of developers, with half the fricking building paid for with tax exempt bonds from the state and another 3.5 million loaned by the city at 3% interest not payable for 55 years. Handouts to the rich. That’s what low income housing is all about. It makes me sick. By the way, they are asking the city to allow them to let in younger residents “who have jobs” and can meet the requirements to pay $1,909 a month for a senior “low-income” 1 br apartment. They want modifications to the agreement because a 5% vacancy rate (5-10% is considered healthy) is too high- they need another 9,500 a month to add to their profit margins.