Simi Valley council approves 26-townhome Cochran Street development with three moderate‑income units

Simi Valley — The City Council on a unanimous vote approved a 26‑unit, three‑story for‑sale townhome community behind the Korean Baptist Church at 4868 Cochran Street, including an affordable housing agreement that sets aside three one‑bedroom units for moderate‑income households.

City staff and the developer said the project will be developed on 1.23 acres previously identified in the city’s adopted housing element. The developer, City Ventures Homebuilding LLC, requested a density bonus that increased permitted units from 24 at base density to 26; staff said that yields a density of about 21.13 dwelling units per acre.

Staff and the applicant described the project as four three‑story buildings with a mix of one‑ to four‑bedroom units ranging from about 725 to 1,710 square feet. The development will provide a total of 59 on‑site parking spaces, including private one‑ and two‑car garages and roughly 10 uncovered guest spaces; staff noted the project falls slightly short of the city’s guest‑parking count (city code requires 13 guest spaces). A common outdoor area of about 810 square feet is planned, along with replacement landscaping after the…