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Medical Office Building with Small Suites
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2045 Royal Ave, Simi Valley, CA 93065

Multi-tenant medical property with smaller suites designed around strong window-line exposure.

Property SizeContact for details
Days on Market145

Property Features for 2045 Royal Ave

General Information

Standard status Active
Property subtype Office
Occupancy 80%

Building Details

Tenancy Multi
Listing Agency: CBRE - Orange County
Listed By: Mark Shaffer · License #CA 01253743
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 3:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Orange County

Investment Insights

Based on property information with market context.

Royal Medical Plaza is a multi-tenant medical office building at 2045 Royal Ave in Simi Valley, California. The property is approximately 80% leased to nine medical office tenants, with average tenancy exceeding 10 years. Two established eye care groups represent nearly half of the occupied space, and one has a national presence.

The building includes smaller suites under 1,500 SF, supported by a narrow-bay layout that increases window-line availability for individual occupants. This configuration accommodates the smaller suite format emphasized throughout the property, while the existing tenant roster provides an established medical-office operating profile.

Key Highlights

  • Approximately 80% leased to nine medical office tenants
  • Average tenancy exceeds 10 years
  • Two eye care groups account for nearly half of occupied space

Property Analytics

Current Use

Sahar Yaftaly, DMD Dental Office Joe Cheng, D.D.S. Dental Office Dr. Maria Dolores ... Dental Office Digiacinto Dov Josie ... Dental Office Dr. Vernon M. ... Dental Office

Suggested Use

Top Pick Law Firm Parking Lot & Garage Pharmacy Computer & Electronic Repair (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

80%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93065, CA

73,943
Population
26,260
Households
2.8
Avg Household Size
41
Median Age
38%
College-Educated
92%
High-School Grad
29.8 sq mi
ZIP Area
2,481
Density / Sq Mi
$113,893
Median Household Income
$57,549
Median Earnings
$2,612
Median Rent
$759,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Multi-tenant medical property with smaller suites designed around strong window-line exposure.
Where is this medical office space located?
The property is located at 2045 Royal Ave Simi Valley, CA.
What are key features of this property?
This property features: Approximately 80% leased to nine medical office tenants; Average tenancy exceeds 10 years; Two eye care groups account for nearly half of occupied space
(818) 502-6700 Call to check price and availability
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