Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Multi-Tenant Industrial Property For Rent Title is generated by Realmo AI

    21-29 W Easy St, Simi Valley, CA 93065

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Multi-tenant industrial property available for lease.

    Type:Industrial
    Added:
    Jan 17, 2019
    Days on Market:
    2673
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 21-29 W Easy St

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    1991

    Spaces For Lease

    at 21-29 W Easy St Contact us

    Suite 108 $1.39 /Mo

    Size
    7,001 SF
    Type
    Industrial
    Total SF: 7,001nWhse SF: 3,269nGround Level Office SF: 947nMezzanine Level Office...
    show more
    Contact us

    Suite 304 $1.39 /Mo

    Size
    4,206 SF
    Type
    Industrial
    Total SF: 4,206nWhse SF: 2,212nGround Level Office SF: 982nMezzanine Level Office...
    show more
    Contact us

    Suite 205 $1.45 /Mo

    Size
    2,955 SF
    Type
    Industrial
    Plus a $0.13 per square foot estimated Common Area Maintenance (CAM) fee
    Contact us

    Suite 501 $1.45 /Mo

    Size
    7,237 SF
    Type
    Industrial
    Total SF: 7,237nWhse SF: 4,512nGround Level Office SF: 1,672nMezzanine Level Office...
    show more
    Contact us

    Unit 101 $1.47 /Mo

    Size
    11,086 SF
    Type
    Industrial
    Total SF: 11,086nWhse SF: 7,454nGround Level Office SF: 1,326nMezzanine Level Office...
    show more
    Contact us

    Unit 201 $1.45 /Mo

    Size
    5,962 SF
    Type
    Industrial
    Total SF: 5,962nWhse SF: 4,058nGround Level Office SF: 1,904nLoading: 2 GLnLease...
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    Erica Balin
    Erica Balin

    Listing agent Erica Balin License #CA 01481476

    Listing office Lee & Associates - LA North - Westlake Village

    Listing date Jan 17, 2019

    Source Crexi

    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 Lee & Associates - LA North - Westlake Village

    HighLights

    • Multi‑tenant industrial property
    • Built in 1991

    Overview

    This multi-tenant industrial property is available for rent.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Simi Valley
    County
    Ventura
    State
    California
    Longitude
    -118.7966335
    Latitude
    34.2796939

    Nearby Similar for Lease

    • $4,600/Mo

      Simi Valley Office Suite

      Professional office suite with flexible layout and modern upgrades.
      5775 E Los Angeles Avenue, Simi Valley, CA 93063
      View Details
    • $4,075/Mo

      Simi Valley Office Suite

      Professional office suite with flexible layout and panoramic views.
      5775 E Los Angeles Avenue, Simi Valley, CA 93063
      View Details
    • $2,040/Mo

      Simi Valley Office Suite

      Professional office suite with flexible layout and panoramic views.
      5775 E Los Angeles Avenue, Simi Valley, CA 93063
      View Details
    • $4,660/Mo

      Simi Valley Office Suite

      Professional office suite with flexible layout and panoramic views.
      5775 E Los Angeles Avenue, Simi Valley, CA 93063
      View Details
    • $8,200/Mo

      Simi Valley Commercial Sublease Opportunity

      Multi-tenant building in West Simi Valley available for sublease.
      888 E Easy Street, Simi Valley, CA 93065
      View Details
    • $8,200/Mo

      Versatile Multi-Tenant Building in Simi

      CPD-zoned building suitable for industrial, retail, or light commercial use.
      888 E Easy St, Simi Valley, CA 93065
      View Details
    • $6,320/Mo

      Renovated Office Space Available

      Renovated office space with kitchen, private bathroom, and parking.
      1633 Erringer Rd 100, Simi Valley, CA 93065
      View Details
    • $1.65 SF/Yr

      Renovated Retail Space in Simi

      Recently renovated retail property with frontage on Los Angeles Avenue.
      1512-1534 E. Los Angeles Ave., Simi Valley, CA 93065
      View Details
    • $500/Mo

      Creative Office Space Available

      Creative office space with recent buildout and highway access.
      685 E Cochran St, Simi Valley, CA 93065
      View Details
    • $1.70 SF/Yr

      New Office Space in Simi

      Brand new office space with flexible floor plans available for lease.
      4115 Guardian St., Simi Valley, CA 93063
      View Details
    • Contact for pricing

      Turnkey Restaurant Opportunity in Simi

      Restaurant space with equipment included in high-income Simi Valley.
      2091 Madera Rd, Simi Valley, CA 93065
      View Details
    • $2 SF/Yr

      Simi Valley Office Suites For Rent

      Office suites available in Simi Valley with flexible lease terms.
      1445 E Los Angeles Ave, Simi Valley, CA 93065
      View Details

    FAQs

    What type of property is this?
    Industrial property - Multi-tenant industrial property available for lease.
    Where is this industrial property located?
    The property is located at 21-29 W Easy St Simi Valley, CA.
    What are key features of this property?
    This property features: Multi‑tenant industrial property; Built in 1991
    (818) 444-4912 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Erica Balin
    Erica Balin
    Real Estate License ID: CA 01481476
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    21-29 W Easy St, Simi Valley, CA 93065
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!