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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Strip malls
1060 Main St Santa Paula, CA 93060-2824
Individually Owned
3-yr Hold
Free & Clear
Property ID
US10-1005920
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1924
Total area
11,500 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C2
APN
101-0-213-055
UPID
US10-1005920
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
SP Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$990k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$598k
Blend (final)
Blend
$900k
Owner & transaction history
Armando C Reyes · 3 yrs held
Armando C Reyes
since 2022
Last sale
$860,000
7 recorded transactions
Zoning & alternative use
C2 · Santa Paula, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Santa Paula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Paula submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$895,000
ML approach
$990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $860k (Aug 10 2022)
Last sale anchor
$860k
Aug 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$78 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$42,671
Tax year 2023
Assessed value
$1,053,466
Assessed 2024
Previous assessed
$1,032,810
+2.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$210,316
Assessed improvement
$843,150
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1924
Heating
NONE
Rooms
2
Total area
11,500 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C2
APN
101-0-213-055
UPID
US10-1005920
Jurisdiction
VENTURA
Zoning & alternative use
C2 · Santa Paula, CA
Zoning C2 · permitted uses
C2 · Santa Paula, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Paula. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Heating
NONE
Rooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Armando C Reyes
Individual
Free & Clear · 3 yrs held
Mailing address
594 ANACAPA TER, SANTA PAULA, CA 93060-1902
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
—
Armando C Reyes
—
Deed
related
$400,000 · The Touni And Taroub Asaad Living Trust
Aug 10, 2022
—
Armando C Reyes
Armando C Reyes
Intrafamily Transfer
related
—
Nov 24, 2020
—
Armando C Reyes
—
Deed
related
$725,000 · Community West Bank NA
Mar 31, 2014
$860,000
Armando C Reyes
4t Holdings LLC
Grant Deed
$50,000 · Bronson Family Trust Etal
Jun 13, 2006
—
4t Holdings LLC
4n Holdings LLC
Quit Claim Deed
related
—
Mar 9, 2005
$750,000
4n Holdings LLC
Norman Flam
Grant Deed
$507,500 · National Bank Of California
Jan 9, 1995
$62,466
Norman Flam
Nova Image INC
Trustees Deed
—
Aug 12, 1988
$225,000
Dunwich
Ta In
Trustees Deed
—
—
—
Dunwich
—
Deed Of Trust
related
$92,889 · Hagman Maria
—
—
4t Holdings LLC
—
Deed Of Trust
related
$425,187 · National Bank California
—
—
Norman Flam
—
Deed Of Trust
related
$74,975 · Santa Paula City (ca)
—
—
Norman Flam
—
Deed Of Trust
related
$80,000 · Novatt Family Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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