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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Assisted living facilities
1236 Erringer Rd Simi Valley, CA 93065-4502
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1466558
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Lot
1.39 ac (60,548 SF)
Zoning code
RM-3
APN
638-0-300-050
UPID
US10-1466558
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
-
Edyl Morandi Physician
-
Vista at Simi Valley Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
Vista At Simi Valley LLC · 2 yrs held
Vista At Simi Valley LLC
since 2023
7 recorded transactions
Zoning & alternative use
RM-3 · Simi Valley, 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 Simi Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Simi Valley 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
by Request
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$780k
Range $702k – $858k · ±10%
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
—
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
$201,555
Tax year 2023
Assessed value
$18,969,989
Assessed 2024
Previous assessed
$18,604,756
+2.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$3,752,205
Assessed improvement
$15,217,784
Applied tax rate
9.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Heating
NONE
Lot
1.39 ac (60,548 SF)
Zoning code
RM-3
APN
638-0-300-050
UPID
US10-1466558
Jurisdiction
VENTURA
Zoning & alternative use
RM-3 · Simi Valley, CA
Zoning RM-3 · permitted uses
RM-3 · Simi Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Simi Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.39 ac
Current owner
From public records · entity-resolved
Vista At Simi Valley LLC
Entity
Mailing address
1236 ERRINGER RD, SIMI VALLEY, CA 93065-4502
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2023
—
Vista At Simi Valley LLC
—
Deed
related
$5,000,000 · Cdc Small Business Finance Corp
Oct 3, 2023
—
Vista At Simi Valley LLC
Soky Investments LLC
Grant Deed
$10,954,000 · Celtic Bank Corporation
Sep 2, 2021
—
Vista At Simi Valley LLC
David Macleod
Grant Deed
$15,000,000 · Thorofare Asset Based Lending Reit
Mar 2, 2021
—
David Macleod
—
Deed
related
$750,000 · Ronald A Waters Etal
Feb 26, 2021
—
David Maceod
—
Deed
related
$13,500,000 · Pmf Ca Reit LLC
Jun 2, 2020
$980,000
Urban Commons Royal LLC
Urban Commons Royal LLC
Grant Deed
—
Jul 2, 2019
—
Urban Commons Royal LLC
—
Trustees Deed
related
$12,680,000 · Pacific Alliance Bk
Dec 4, 2017
—
Urban Commons Royal LLC
—
Trustees Deed
related
$11,000,000 · Shanghai Com'l Bk Ltd
Mar 1, 2017
$3,300,000
Urban Commons Royal LLC
Jm Squared Dev LLC
Grant Deed
$1,650,000 · Lone Oak Fund
Feb 17, 2017
$1,000,000
Jm Squared Dev LLC
First Baptist Church Of Simi Vall
Grant Deed
$450,000 · Lone Oak Fund
Mar 29, 1989
$250,000
First Baptist Ch
Logsdon Dorothy
Grant Deed
related
—
—
—
Urban Commons Royal LLC
—
Deed Of Trust
related
$12,680,000 · Pacific Alliance Bk
—
—
Urban Commons Royal LLC
—
Deed Of Trust
related
$11,000,000 · Shanghai Com'l Bk
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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