Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1317 Los Angeles Ave Simi Valley, CA 93065-2867

    • Super regional malls
    • 74,690 SF
    • 14.36 lot acres
    OFF-MARKET
    Value Estimations
    $10,580,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1453459
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Boost Mobile / Mobile Phone Store / Electronics & Wireless Store
    • Simi Valley Animal Hospital / Veterinary Clinic
    • Cosmopawlitan Hotel & Spa / Pet Grooming Service

    Property Details for 1317 Los Angeles Ave

    Year built
    1991
    Lot size
    14.36 lot acres
    Property size
    74,690 SF
    Zone code
    CPD
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    632-0-320-460
    APU
    6320320460

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $14,370,000
      6.5%
      $13,265,000
      7%
      $12,315,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Simi Valley
    County
    Ventura
    State
    California
    Longitude
    -118.773
    Latitude
    34.2731
    CBSA code
    37100
    CBSA name
    OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $175,016
    $3,603,686
    $12,663,424
    $16,267,110
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,894 SF

      660 Los Angeles Ave

      REGIONAL SHOPPING CENTER, MALL • 2,894 SF
      660 Los Angeles Ave, Simi Valley, CA 93065-1873
      View Details
    • Value Estimation by Request
      2,660 SF

      1230 Madera Rd

      REGIONAL SHOPPING CENTER, MALL • 2,660 SF
      1230 Madera Rd, Simi Valley, CA 93065-4045
      View Details
    • Value Estimation
      $28,050,000
      0.01 Acres

      Simi Vly Townctr Way

      REGIONAL SHOPPING CENTER, MALL • 0.01 Acres
      Simi Vly Townctr Way, Simi Valley, CA 93065
      View Details
    • Value Estimation
      $930,000
      6,000 SF

      2804 Los Angeles Ave

      REGIONAL SHOPPING CENTER, MALL • 6,000 SF
      2804 Los Angeles Ave, Simi Valley, CA 93065-3937
      View Details
    • Value Estimation by Request
      0.73 Acres

      2490 Sycamore Dr

      REGIONAL SHOPPING CENTER, MALL • 0.73 Acres
      2490 Sycamore Dr, Simi Valley, CA 93065-2302
      View Details
    • Value Estimation
      $1,100,000
      10,856 SF

      1308 Madera Rd

      REGIONAL SHOPPING CENTER, MALL • 10,856 SF
      1308 Madera Rd, Simi Valley, CA 93065-4043
      View Details

    Similar Nearby for Sale

    • $3,200,000
      2,495 SF

      Del Taco Ground Lease Opportunity

      Passive net lease investment with zero landlord responsibilities.
      1098 Enchanted Way, Simi Valley, CA 93065
      View Details
    • $3,100,000
      25,403 SF

      Medical Office Condo First Floor

      Medical office condo for sale or lease, entire first floor.
      2876 N Sycamore Dr, Simi Valley, CA 93065
      View Details
    • $682,500
      5,006 SF

      Simi Valley Office Building Interest

      Undivided interest in well-maintained, multi-tenant office building for sale.
      1791 Erringer Rd, Simi Valley, CA 93065
      View Details
    • $1,650,000
      10.00 Acres

      10-Acre Equestrian Estate Land

      Rare 10-acre equestrian-zoned land in exclusive Presidential Estates.
      70 Presidential Dr, Simi Valley, CA 93065
      View Details
    • Contact for pricing
      2,579 SF

      New Construction Flex Space Available

      New construction flex space in professional business park for sale.
      875 Cochran St, Simi Valley, CA 93065
      View Details

    Similar Nearby for Lease

    • $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
    • $21 SF/Yr
      4,801 SF

      Woodlands Plaza Retail Space for Lease

      Prime Simi Valley storefront, 4,687 sq ft.
      540 Los Angeles Ave, Simi Valley, CA 93065
      View Details
    • Contact for pricing
      3,100 SF

      Simi Valley Retail Center Opportunity

      Target-anchored retail space available.
      2091 Madera Rd, Simi Valley, CA 93065
      View Details
    • $1.35 SF/Yr
      1,625 SF

      Retail Space Available For Rent

      Retail space available for lease.
      2495-2597 Sycamore Dr, Simi Valley, CA 93065
      View Details
    • Contact for pricing

      Retail Property Fully Leased

      Retail property in Simi Valley, currently 100% leased.
      983 E Easy St, Simi Valley, CA 93065
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Simi Valley, CA.
      1357 E Los Angeles Ave, Simi Valley, CA 93065
      View Details

    Property Visit Statistics

    • Visits by month
      18.8k
    • Visitors by month
      9.4k
    • Avg Time on site
      13 min
    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.
    1317 Los Angeles Ave
    Simi Valley, CA 93065-2867
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!