1
Map
$1,300,000
●
Land -
Off Market
70 Presidential Drive
Simi Valley, CA 93065
Studio
0 Bath
$6,629
Est. Monthly
About This Property
Welcome to 70 Presidential Drive, a rare and remarkable offering in
the exclusive, gated enclave of Presidential Estates, a private
community of only six estate lots, perched on a hilltop shared with
the iconic Ronald Reagan Presidential Library.This expansive
10-acre parcel is equestrian-zoned, making it an exceptional
opportunity for those looking to create a custom luxury estate with
a dedicated space for stables. The land offers unmatched panoramic
views stretching across mountains, valleys and hills
providing a dramatic backdrop for your dream home.The
building pad has already been graded, and utilities are nearby,
giving you a strong head start to begin construction. Whether you
envision a contemporary ranch, or a sprawling Mediterranean villa,
this property offers the space and setting to bring your vision to
life.Don't miss this once-in-a-generation opportunity to own and
build on one of Simi Valley's most prestigious and secluded
addresses.
Unit Size
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Days on Market
36 days
Land Size
10.00 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 11 days ago (CRMLS #226004264)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Listed by Equity Union Real Estate | $1,350,000 | |
| Listed by Equity Union Real Estate | |||
| Oct 8, 2024 | Relisted | $1,650,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Simi Valley
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Listed by: Scott Rice, Equity Union Real Estate
Last Updated: 11 days ago
Data Source: CRMLS, MLS# 226004264
Last Updated: 11 days ago
Data Source: CRMLS, MLS# 226004264
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