Property summary
This exceptional Simi Valley, CA office complex, located at 450 American St, 93065, offers 209,404 square feet of space in a Class B building constructed in 1990 and renovated in 2000. Currently fully leased to Bank of America under an NNN lease expiring December 2025, this property boasts a strong 11.10% cap rate and a substantial NOI of $3,318,636. The single-story building sits on a sprawling 12.5 acres and features a generous parking ratio of 5.5 spaces per 1,000 rentable square feet. … Zoned BP-SP, this property presents a unique investment opportunity. Investors can leverage the existing lease with Bank of America (S&P: A+; NYSE: BAC) while planning for future repositioning as a corporate headquarters or owner-user space. The property's strategic location in Ventura County offers excellent regional accessibility. Originally built as an industrial building, it was converted to office space, retaining high ceilings and an open layout. The asking price is $29,900,000 and is offered as a 1031 exchange opportunity. The APN is 615-0-500-045, 615-0-500-035, 615-0-500-015, and 615-0-500-025.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2016
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 20,660 SF
- Lot area
- 8.15 ac
- Year built
- 1990
- APN
- 615-0-160-305
- Zoning
- BP-S
- Assessed value · 2016
- $26,415,000
- Annual tax · 2016
- $289,386
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Value Estimation
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- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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